Affordable Housing In Ashe County
North Carolina

10 Low Income Apartment Communities In Ashe County

Westview Terrace Apartments

305 E 4th Street Apt 6-A
West Jefferson, NC
Call For Rent
1-2 BR

Cac of Ashe Co.

113 Burkett Ave
West Jefferson, NC
Accessible
Disabled Supportive Housing
Subsidized

Arc Hds Ashe Co Apartments

258 Knollview Dr
Jefferson, NC
Accessible
Disabled Supportive Housing
Subsidized

Spruce Hills Apartments

400 Locust St
West Jefferson, NC
Subsidized

Arc Hds Ashe Co Gh

342 Long St
Jefferson, NC
62+
Accessible
Elderly Supportive Housing
Subsidized

Ashe Senior Village

180 Chattyrob Ln
West Jefferson, NC
62+
Accessible
Elderly Supportive Housing
Subsidized

Arc Hds Ashe Co Gh 2

120 Ashe St
Jefferson, NC
Accessible
Disabled Supportive Housing
Subsidized

Oak Grove Village

401 Oak Grove Cir
Jefferson, NC
HCV Welcome

Jefferson View Apartments

174 Jefferson View Ln
Jefferson, NC
HCV Welcome

Mountain Village Apartments

200 Luther Rd
Jefferson, NC
Subsidized
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Guide To Affordable Housing in Ashe County, North Carolina

There are 10 low income housing apartment communities offering 200 affordable apartments for rent in Ashe County, North Carolina. Ashe County features 140 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 60 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Ashe County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Ashe County, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 200
Total Housing Units with Rental Assistance 140
Percentage of Housing Units Occupied By Renters 24.61%
Average Renter Household Size 2.25
Average Household Size 2.27
Median Household Income $36,267 ±$1,102
Median Rent $628 ±$73
Percentage Of Renters Overburdened 45.03% ± 7.1pp
Total Population 27,114

Population and Household Demographics

Ashe County is a County in North Carolina with a population of 27,114. There are 11,786 households in the county with an average household size of 2.27 persons. 24.61% of households in Ashe County are renters.

Income and Rent Overburden in Ashe County

The median gross income for households in Ashe County is $36,267 a year, or $3,022 a month. The median rent for the county is $628 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ashe County, a household making less than $2,093 a month would be considered overburdened when renting an apartment at or above the median rent. 45.03% of households who rent are overburdened in Ashe County.1

Area Median Income In Ashe County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Ashe County, HUD calculates the Area Median Income for a family of four as $50,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Ashe County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Ashe County HUD Rental Assistance in Ashe County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $29,850 $32,050 $34,250 $36,450
50% of Median $19,350 $22,100 $24,850 $27,600 $29,850 $32,050 $34,250 $36,450
80% of Median $30,950 $35,350 $39,750 $44,150 $47,700 $51,250 $54,750 $58,300
Low Income Housing Tax Credits in Ashe County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 2008, 3 low income apartment communities containing 120 rental apartments have been constructed and made affordable to low income persons in Ashe County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Ashe County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $19,350 $22,100 $24,850 $27,600 $29,850 $32,050 $34,250 $36,450
60% of Median $23,220 $26,520 $29,820 $33,120 $35,820 $38,460 $41,100 $43,740

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Ashe County is $29,820 a year, or $2,485 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,485 by 30% to get a maximum rent of $746 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $484 $518 $621 $718 $801 $884
60% $581 $622 $746 $862 $962 $1,061
Fair Market Rents in Ashe County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$506 $509 $671 $968 $1,178

Cities In Ashe County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
West Jefferson 4
Jefferson 6
Lansing 0