Sun Valley Apts — Income-Restricted Housing in Ridgely, TN 38080
498 Riley Rd, Ridgely, TN 38080
24 units · 1–2 BR
- 1 vacant unit reported (Oct 2026) — call to confirm
How to apply
- Managed by Maco Management Co Inc. USDA does not publish a phone number for this property.
- Find contact info on USDA's Multifamily Housing programs page.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 1992
- Income limit
- 60% AMI
- Bedrooms
- 20 1 bedroom · 4 2 bedrooms
- USDA rental assistance
- 23 units (tenant pays about 30% of income)
- Managed by
- Maco Management Co Inc
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Nearby income-restricted buildings
Hickman Homes & Mayes Homes
217 Sands St, Ridgely, TN 38080
0.7 mi away
154 units · 1–3 BR
- Apply through Dyersburg Housing Authority
- Residents waited about 3 months to move in (HUD, Oct 2026)
Camelot Manor Apts
305 Dillard St, Ridgely, TN 38080
0.9 mi away
25 units · 1–2 BR · People with disabilities
- 1 vacant unit reported (Oct 2026) — call to confirm
Riverview Apartments
601 W 3rd St, 1-4, Caruthersville, MO 63830
11.2 mi away
40 units · Studio–1 BR · People with disabilities
Caruthersville
903 Adams Ave, Caruthersville, MO 63830
11.3 mi away
120 units · 1–3 BR
- Apply through Housing Authority of the City of Caruthersville
- Residents waited about 4 months to move in (HUD, Oct 2026)
- Several buildings — call for addresses
Caruthersvilla Apts
906 Marlar Rd, Caruthersville, MO 63830
11.4 mi away
12 units · 1 BR
- 1 vacant unit reported (Oct 2026) — call to confirm
Rents and income limits in 38080
- Fair market rent, 2 bedrooms
- $1,010/mo
- Income needed to pay it at 30% of income
- $40,400/yr
- Renters in 38080 paying 30% or more of income on rent
- 31%
Income limits (2026)
Lake County, TN area · median family income $44,300. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $16,400 | $27,300 | $43,700 |
| 2 | $21,640 | $31,200 | $49,950 |
| 3 | $27,320 | $35,100 | $56,200 |
| 4 | $33,000 | $39,000 | $62,400 |
| 5 | $38,680 | $42,150 | $67,400 |
| 6 | $44,360 | $45,250 | $72,400 |
| 7 | $48,400 | $48,400 | $77,400 |
| 8 | $51,500 | $51,500 | $82,400 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 38080 | Wider area |
|---|---|---|
| Studio | $760 | $756 |
| 1 bedroom | $780 | $761 |
| 2 bedrooms | $1,010 | $995 |
| 3 bedrooms | $1,260 | $1,244 |
| 4 bedrooms | $1,660 | $1,663 |
Wider area = Lake County, TN.
Census figures for 38080 (2020–2024 average): median rent $583. Median household income $30,313. 55% of homes are rented. 31% of renters pay 30% or more of their income on rent, and 17% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 38080's fair market rent.
Estimate your Section 8 rent share for 38080Frequently Asked Questions
How do I apply to Sun Valley Apts?
No phone is listed for Sun Valley Apts. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Sun Valley Apts Section 8 housing?
Sun Valley Apts is listed as income-restricted housing in Ridgely, TN 38080 (lihtc, usda). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Sun Valley Apts?
Public records list 24 units at Sun Valley Apts in Ridgely, TN 38080. That is a building size, not a count of open apartments.
Are there other affordable apartments near Sun Valley Apts?
Yes — this page lists other income-restricted buildings in 38080 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Sun Valley Apts?
Call the number on this page and ask about the waiting list or how to apply at Sun Valley Apts in Ridgely, TN 38080. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Ridgely, TN 38080?
Most income-restricted buildings in Ridgely, TN 38080 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $27,300, and $39,000 for a 4-person household. Public housing can go up to 80% ($43,700 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Ridgely, TN 38080?
For many programs in Ridgely, TN 38080, the 2026 HUD very low-income (50%) limit is $27,300 a year for 1 person and $39,000 for 4 people. The low-income (80%) limit is $43,700 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Ridgely, TN 38080?
In public housing and most Section 8 in Ridgely, TN 38080, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Ridgely, TN 38080 is $1,010 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Sun Valley Apts take Section 8 vouchers?
This file does not say that Sun Valley Apts has a project-based Section 8 contract. Some landlords in Ridgely, TN 38080 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Sun Valley Apts.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026; USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.