About This Property
Maplewood Apts contains 30 one-bedroom units designated for low-income elderly residents in Sparta, NC. The property has been in service since 2003 and receives funding through the HOME program with 4% LIHTC credits. All units serve elderly households with affordable rental rates.
Property Details
Fair Market Rent - Alleghany 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 | $651 |
| 1 Bedroom | $655 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,041 |
| 4 Bedroom | $1,461 |
Income Limits - Alleghany County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sparta, NC?+
The Fair Market Rent (FMR) for Alleghany County, NC is: $651 (Studio), $655 (1BR), $861 (2BR), $1041 (3BR), $1461 (4BR). Actual rent at subsidized properties like Maplewood Apts is typically 30% of household income or less.
What size apartments are available at Maplewood Apts?+
Maplewood Apts offers the following unit types: 30 One-Bedroom units, for a total of 30 units.
Who is eligible to live at Maplewood Apts?+
Maplewood Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Sparta, NC?+
Based on Fair Market Rent for Alleghany County, the estimated price range is: 1-bedroom: $655. Actual rent at Maplewood Apts may be lower for income-eligible households.
How do I apply for housing at Maplewood Apts?+
Maplewood Apts 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.
Who manages Maplewood Apts?+
Maplewood Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Alleghany County, NC?+
For a 4-person household in Alleghany County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.