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LUTHER TERRACE

(4/5)
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3907 JAMES RD

MEMPHIS , TN 38128

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☑ Section 8 accepted | Add to favorites | Making a rental inquiry

Total apartment units: 40

Assisted housing category: 202/811

Owner organization name: LUTHER TERRACE, INC

Management agent organization name: WESLEY HOUSING CORP. OF MEMPHIS, INC.

Management agent main phone number: (901) 380-4900

Management agent email address: ron.budynas@wesleyhousing.com

Hud Administered ind: N

Contract doc type: HAP

Program type: 202/8 NC

Rent to FMR ratio: 130.0963391

Rent to FMR description: Between 121% & 130% FMR

Total efficiency units: 10

Total 1bedroom units: 29

Efficiency: $665.00 per month

1bedroom: $755.00 per month

  • Luther Terrace
  • Luther Terrace
  • Luther Terrace
  • Luther Terrace
  • Luther Terrace
  • Luther Terrace
  • Luther Terrace
  • Luther Terrace
  • Luther Terrace
  • Luther Terrace
  • Luther Terrace

Inquiry & Reviews (5)
Linda Beatrice Davis
2022-03-26T03:21:05Z
(5/5)

Ive lived here for almost 2 years Havent been in any other Sr Facilities But for the most part this one is good Will probably live out the rest of my life here Thank you God for taking care of me

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Richard Smith
2022-01-12T20:54:54Z
(5/5)

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Shalonda Kitchen
2020-01-29T00:33:13Z
(5/5)

They where loving people

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Dana M Gary
2018-09-11T18:54:03Z
(1/5)

This place is nothing like it use to be There is never a management person on site in the office That warm welcoming feeling that once there when you walk through the doors are non existence

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Eddie Warren
2018-06-27T02:03:19Z
(4/5)

Medical run

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(4.2/5)


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(3.9/5)

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• Total number of rental units: 148
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RIDGEMONT TERRACE APTS

4266 RIDGESTONE DR, MEMPHIS, TN 38128
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2024 Fair Market Rents in MEMPHIS, TN 38128 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in MEMPHIS, TN 38128 offer diverse housing options, including those relevant to Section 8 assistance:

  Efficiency: $927 (low) to $1,133 (high) per month
  One-Bedrooms: $1,035 (low) to $1,265 (high) per month
  Two-Bedrooms: $1,170 (low) to $1,430 (high) per month
  Three-Bedrooms: $1,539 (low) to $1,881 (high) per month
  Four-Bedrooms: $1,800 (low) to $2,200 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the MEMPHIS, TN 38128 providing valuable resources for both tenants and landlords.

The prices mentioned include utilities; however, if the property owner doesn't cover utilities, the rent may be lower. Additionally, keep in mind that each housing authority sets its own price limits, so it's advisable to reach out to the housing authority to inquire about the allowable rental rates.

To apply for Section 8 housing, you can check your income against the Memphis, TN-MS-AR HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.