About This Property
Crest Knolls is a 40-unit affordable housing community in Taylorsville, NC that has served families since 2019. The property includes 39 low-income units with a mix of 12 one-bedroom, 20 two-bedroom, and 8 three-bedroom floor plans. The community is managed by Alexander County and provides housing options for families at various income levels.
Property Details
Fair Market Rent - Alexander County, NC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $806 |
| 1 Bedroom | $834 |
| 2 Bedroom | $1,014 |
| 3 Bedroom | $1,314 |
| 4 Bedroom | $1,506 |
Income Limits - Alexander County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,150
- Low (80%)
- $33,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,150
- Low (80%)
- $38,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,150
- Low (80%)
- $43,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,150
- Low (80%)
- $48,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,600
- Low (80%)
- $52,150
- Extremely Low (30%)
- $35,000
- Very Low (50%)
- $35,000
- Low (80%)
- $56,000
- Extremely Low (30%)
- $37,400
- Very Low (50%)
- $37,400
- Low (80%)
- $59,850
- Extremely Low (30%)
- $39,800
- Very Low (50%)
- $39,800
- Low (80%)
- $63,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,150 | $33,800 |
| 2 Persons | $17,420 | $24,150 | $38,600 |
| 3 Persons | $21,960 | $27,150 | $43,450 |
| 4 Persons | $26,500 | $30,150 | $48,250 |
| 5 Persons | $31,040 | $32,600 | $52,150 |
| 6 Persons | $35,000 | $35,000 | $56,000 |
| 7 Persons | $37,400 | $37,400 | $59,850 |
| 8 Persons | $39,800 | $39,800 | $63,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Taylorsville, NC?+
The Fair Market Rent (FMR) for Alexander County, NC is: $806 (Studio), $834 (1BR), $1014 (2BR), $1314 (3BR), $1506 (4BR). Actual rent at subsidized properties like Crest Knolls is typically 30% of household income or less.
What size apartments are available at Crest Knolls?+
Crest Knolls offers the following unit types: 12 One-Bedroom, 20 Two-Bedroom, 8 Three-Bedroom units, for a total of 40 units.
Who is eligible to live at Crest Knolls?+
Crest Knolls primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Crest Knolls?+
Crest Knolls is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Taylorsville, NC?+
Based on Fair Market Rent for Alexander County, the estimated price range is: 1-bedroom: $834, 2-bedroom: $1014, 3-bedroom: $1314. Actual rent at Crest Knolls may be lower for income-eligible households.
How do I apply for housing at Crest Knolls?+
Crest Knolls is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Alexander County, NC?+
For a 4-person household in Alexander County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,150, Low Income (80% AMI): $48,250. These limits are set by HUD and updated annually.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.