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Grace Place Retirement Community

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2131 Wilson Road

Memphis , TN 38116

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

Business Hours

Monday: 8:00 AM - 5:00 PM

Tuesday: 8:00 AM - 5:00 PM

Wednesday: 8:00 AM - 5:00 PM

Thursday: 8:00 AM - 5:00 PM

Friday: 8:00 AM - 5:00 PM

Saturday: Closed

Sunday: Closed

Sun

Closed

Dec
Mon

23

Dec
Tue

24

Dec
Wed

25

Dec
Thu

26

Dec
Fri

27

Dec
Sat

Closed

Dec
Sun

Closed

Dec
Mon

30

Dec
Tue

31

Dec
Wed

01

Jan
Thu

02

Jan
Fri

03

Jan
Sat

Closed

Jan
Sun

Closed

Jan
Mon

06

Jan
Tue

07

Jan
Wed

08

Jan
Thu

09

Jan
Fri

10

Jan
Sat

Closed

Jan
Sun

Closed

Jan
Mon

13

Jan
Tue

14

Jan
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15

Jan
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16

Jan
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17

Jan
Sat

Closed

Jan

Total apartment units: 30

Assisted housing category: 202/811

Owner organization name: Grace Place Retirement Community Inc

Management agent organization name: TESCO Properties, Inc.

Management agent main phone number: (901) 759-1855

Management agent email address: lsisson@tescoproperties.com

Hud Administered ind: Y

Contract doc type: PRAC

Program type: PRAC/202

Rent to FMR ratio: 115.4966887

Rent to FMR description: Between 101% & 120% FMR

Total 1bedroom units: 29

1bedroom: $755.00 per month

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2024 Fair Market Rents in MEMPHIS, TN 38116 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in MEMPHIS, TN 38116 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $864 (low) to $1,056 (high) per month
One-Bedrooms: $963 (low) to $1,177 (high) per month
Two-Bedrooms: $1,089 (low) to $1,331 (high) per month
Three-Bedrooms: $1,440 (low) to $1,760 (high) per month
Four-Bedrooms: $1,674 (low) to $2,046 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the MEMPHIS, TN 38116 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.

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