ROLLING MEADOWS APT
Best fit
Families & General Occupancy
Rent
30% of adjusted income
Floor plans
1 Bed • 2 Bed
Total Units
24
Waitlist expected — spots fill quicklyGenerate your ready-to-print application materials now so you're first in line.
Rent Structure
Rent Structure
30%
of adjusted income
The subsidy program pays the rest of the rent directly to the property. You only pay what you can afford based on your income.
Local Area Income Context
To qualify for affordable housing at ROLLING MEADOWS APT, your total household income must align with the Area Median Income (AMI) guidelines established for Algood and the 38506 zip code area.
Local Median (1-Person)
$58,750
Local Median (4-Person)
$83,929
Based on the latest 2024 census data, the figures above represent the local median earnings for this specific neighborhood.
Property Details
Total Units
24
Assisted
24
Layouts
1 Bed • 2 Bed
Walk Score®
56/100• Somewhat Walkable
Bike Score®
39/100• Somewhat Bikeable
Walk Score®, Transit Score®, and Bike Score® are trademarks of Walk Score and Redfin.
How Walk Score worksServices & Accessibility
Wheelchair & Mobility AccessYes
1 accessible units reported.
Before You Apply
- Confirm the age rule and income limit
You must be of qualifying age. Your income must fall within HUD's Area Median Income limits for Algood.
- Ask which unit types are actually available
This listing shows historically available units. Ask directly if a unit is open today.
- Verify accessibility before paying any fees
If you use a wheelchair or walker, confirm elevator access and doorway widths before submitting a paid application.
Rural Housing Rights:USDA Rural Development properties offer rental assistance and have specific tenant grievance procedures. Read the full guide
Questions People Ask
What are the local income limits around Rolling meadows apt?Open
Income limits are calculated against the Area Median Income (AMI) for the 38506 zip code. Based on recent Census data, the local median income is $58,750 for a single person, and $83,929 for a four-person household. Your specific income cap depends on the exact subsidy program rules applied by management.
Do I have to work in agriculture to live at Rolling meadows apt?Open
No. USDA Section 515 housing is open to anyone who meets the income limits for algood. You do not need to be a farmworker or work in agriculture.
How does rent work at this USDA property?Open
Because this property has 100% Rental Assistance, your rent will be capped at roughly 30% of your adjusted household income, no matter what the market rate is. Management will calculate your exact rent based on your income documents.
What unit types are reported at Rolling meadows apt?Open
This record reports: 1 Bed • 2 Bed. Availability can change rapidly, so ask management which layouts are currently open and whether any accessible units are available.
Does Rolling meadows apt have wheelchair-accessible units?Open
Yes, this property reports having 1 dedicated accessible unit(s). However, availability is subject to change. You should still call management to verify the dimensions of the doorways and bathrooms, and ensure an accessible unit is currently open.
Is there a waitlist at Rolling meadows apt?Open
This property appears to be close to full, which usually means applicants may be joining a waitlist. Call management to confirm whether the waitlist is open right now.
How do I contact Rolling meadows apt to apply?Open
SHERWOOD MANAGEMENT COMPANY, INC appears to be the listed management contact. Application mail may be sent to 186 DRY VALLEY RD, ALGOOD, TN 38506. Before you send anything, confirm whether the property wants a letter of interest, a formal application, or a waitlist update request.