Amaranth Apartments

78 Marketplace Ln., Candler, NC 28715

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 789 - 1,213 Sq Ft

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Amaranth offers spectacular views, convenient location and well appointed 1, 2, & 3 bedroom apartment homes in a superb location! Call Amaranth today and ask how you can make this your new home!

Dave's Thoughts On Amaranth Apartments

Because Amaranth Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Amaranth Apartments Amenities

  • Fitness Center
  • Playground
  • Computer Lab
  • Community Room
  • On-Site Manager
  • Laundry Room
  • 24hr Emergency Maintenance
  • Ceiling Fan(s)
  • Dishwasher
  • Washer and Dryer Hookup
  • Refrigerator
  • Oven and Range
  • Energy Efficient Design
  • Picnic Area
  • Energy Efficient Appliances

Units at Amaranth Apartments

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 789ft2 Call for Price
Two Bedroom (2/2) 1044ft2 Call for Price
Three Bedroom (3/2) 1213ft2 Call for Price

Income Qualification for Amaranth Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $29,750 / year $34,000 / year $38,250 / year $42,500 / year $45,900 / year $49,300 / year
50% AMI for PBRA Units $29,750 / year $34,000 / year $38,250 / year $42,500 / year $45,900 / year $49,300 / year
60% AMI for LIHTC Units $35,700 / year $40,800 / year $45,900 / year $51,000 / year $55,080 / year $59,160 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Amaranth Apartments

Does Amaranth Apartments have a waiting list?

Amaranth Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Amaranth Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Amaranth Apartments?

Amaranth Apartments is managed by Excel Property Management headquartered in Raleigh, NC , North Carolina.

In addition to Amaranth Apartments, how many other affordable housing properties (and units) are there in Buncombe County?

In addition to Amaranth Apartments, we list 63 other affordable properties in Buncombe County. Learn about these properties here. Our data research shows that there are a total of 4775 affordable units in Buncombe County.

When was the Amaranth Apartments listing last updated?

Amaranth Apartments listing on Affordable Housing Online was last updated on 03/22/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Amaranth Apartments

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.