Low Income Apartments and Affordable Housing For Rent in Asheville, NC

Discover affordable housing in Asheville where there are 106+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Crowell Park Apartments

10 Coleys Circle , Asheville, North Carolina 28806

bed 1-3
payment $376-644/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Givens Gerber Park I

40 Gerber Road, Asheville, North Carolina 28803

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Spruce Hill

201 Spruce Hill Ct, Asheville, North Carolina 28805

bed 1-4
payment Subsidized
accessibility Accessible

Givens Gerber Park II

60 Gerber Rd, Asheville, North Carolina 28803

bed 1-2

Mountain Springs

66 Mountain St , Asheville, North Carolina 28801

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Compton Place Apartments

547 Eliada Home Rd, Asheville, North Carolina 28806

bed 1-2
payment $495-593/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Homestead Apartments

311 Aiken Rd, Asheville, North Carolina 28804

switch_access_shortcut Short Wait
accessibility Accessible

Villas at Fallen Spruce

15 Fallen Spruce Dr, Asheville, North Carolina 28806

bed 1-2
payment $244-660/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Arrowhead Apartments

100 Cheerio Ln, Asheville, North Carolina 28803

bed 1
payment $1115-1300/mo.
switch_access_shortcut Short Wait
payment Subsidized

Eagle Market Place

21 Eagle St, Asheville, North Carolina 28801

bed Studio-3
payment $272-987/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Montford Broad Apartments

650 Caribou Road, Asheville, North Carolina 28801

switch_access_shortcut Short Wait
accessibility Accessible

Asheville Terrace Apartments

200 Tunnel Rd, Asheville, North Carolina 28805

Ledgewood Village

15 Future Dr, Asheville, North Carolina 28803

payment Subsidized
accessibility Accessible

Laurel Wood Apartments

650 Caribou Rd , Asheville, North Carolina 28803

elderly Senior
accessibility Accessible

Givens Gerber Park III

50 Gerber Rd, Asheville, North Carolina 28803

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

The Lofts at SS/150

150 Coxe Ave, Asheville, North Carolina 28801

bed Studio-1
payment $1279-1486/mo.

Baird Cove Apartments

200 Baird Cove Rd, Asheville, North Carolina 28804

bed 1
payment $945/mo.

Ascot Point Village

23 Ascot Point Cir, Asheville, North Carolina 28803

bed 2
payment $1640/mo.

The Lofts at Reynolds Village

61 N Merrimon Ave, Asheville, North Carolina 28804

bed 2
payment $1578/mo.

Greymont Village Apartments

39 Greymont Ln, Asheville, North Carolina 28806

bed 3
payment $1974/mo.

How To Identify Affordable Housing in Asheville, North Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Asheville, North Carolina
$31.82/hour
$24.57 (+339%) more than North Carolina minimum wage and $24.57 (+339%) more than the Federal minimum wage.
Learn More About Asheville, North Carolina Affordable Housing ↓

What HUD offices serve Asheville, North Carolina?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Asheville, North Carolina.

Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Asheville.

How many renters live in Asheville, North Carolina?

The City of Asheville has people living in households.

There are renters living in renter households in this City. Renters make up 42.18 percent of the population living in Asheville.

What is the rental market like in Asheville, North Carolina?

There are an estimated housing units in the Asheville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Asheville, North Carolina, there are 1.14 rental units.

What is the vacancy rate for rentals in Asheville?

The rental vacancy rate in Asheville is 12 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Asheville for each bedroom size?

Occupied Rental Units by Size in Asheville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,963 4,050 7,441 4,452 566
Occupied Rental Units by Size in Asheville

A large number of apartments in Asheville have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Asheville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,428 to $2,851. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,428
One BR $1,496
Two BR $1,680
Three BR $2,160
Four BR $2,851
2024 Fair Market Rents in Asheville, North Carolina

How many units are rented at Fair Market Rent (FMR) in Asheville?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 1,697 86 percent
One BR 2,937 73 percent
Two BR 4,671 63 percent
Rental Units Below FMR in Asheville, North Carolina

How many affordable rental units are in Asheville?

There are a variety of federal affordable housing programs serving households in Asheville, North Carolina including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 236 Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Asheville, North Carolina

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Asheville, North Carolina

Asheville features 2,865 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Asheville, North Carolina

There are 1,460 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Asheville.

Housing Choice Vouchers in Asheville, North Carolina

On average, Section 8 Housing Choice vouchers pay Asheville landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Asheville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Asheville, North Carolina for a two-bedroom apartment is between $1,512 and $1,848.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening