Lantern Ridge Apartments

401 Fairfax Road, Blacksburg, Virginia 24060

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Lantern Ridge Apartments is managed by American Apartment Management Co., Inc..

Nice affordable and conventional housing apartment family community located in city of Blacksburg. Close to shopping, restaurants, schools and public transportation. On-site laundry facility and playground for kids. Please contact site manager for more details.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 537 Call for Price
2 Bedroom (2/1) 671 Call for Price
3 Bedroom (3/2) 822 Call for Price

Eligibility for Lantern Ridge Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Blacksburg but actual income limits may differ for units at Lantern Ridge Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $19,200 $21,950 $24,860 $30,000 $35,140 $40,280
50% $32,000 $36,550 $41,100 $45,650 $49,350 $53,000
80% $51,100 $58,400 $65,700 $73,000 $78,850 $84,700

Lantern Ridge Apartments Details

  • 120 one, two and three bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)

Property Amenities

  • Playground
  • Basketball Court
  • BBQ and Picnic Area
  • Community Room
  • On-Site Manager
  • Pool
  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Handicapped Accessible
  • All Appliances included
  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Spacious Closets
  • Window Coverings
  • Carpet
  • Patio Deck Or Balcony

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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