Affordable Housing Hub
Low Income (LIHTC)

Mountain Village Apts

200 Luther Rd, Jefferson, NC, 28640

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Mountain Village Apts offers 60 low-income units in Jefferson, NC, comprised of 48 one-bedroom and 12 two-bedroom apartments. The property has served elderly residents since 1992 and is funded through 4% Low-Income Housing Tax Credits. Residents can contact the management office for leasing information and rental assistance details.

Property Details

Total Units
60
1 Bedroom
48
2 Bedroom
12

Fair Market Rent - Ashe County, NC

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$674
1 Bedroom$678
2 Bedroom$856
3 Bedroom$1,089
4 Bedroom$1,224

Income Limits - Ashe County, NC

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$20,500
Low (80%)
$32,800
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$23,400
Low (80%)
$37,450
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$26,350
Low (80%)
$42,150
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$29,250
Low (80%)
$46,800
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$31,600
Low (80%)
$50,550
6 Persons
Extremely Low (30%)
$33,950
Very Low (50%)
$33,950
Low (80%)
$54,300
7 Persons
Extremely Low (30%)
$36,300
Very Low (50%)
$36,300
Low (80%)
$58,050
8 Persons
Extremely Low (30%)
$38,650
Very Low (50%)
$38,650
Low (80%)
$61,800

Tax Credit Program Details

Year Placed in Service
1992
LIHTC Credit Type
4%
Low-Income Units
60 / 60
Target Population
Elderly
Funding Programs
Rental Assistance

Frequently Asked Questions

What is the average rent for affordable housing in Jefferson, NC?+

The Fair Market Rent (FMR) for Ashe County, NC is: $674 (Studio), $678 (1BR), $856 (2BR), $1089 (3BR), $1224 (4BR). Actual rent at subsidized properties like Mountain Village Apts is typically 30% of household income or less.

What size apartments are available at Mountain Village Apts?+

Mountain Village Apts offers the following unit types: 48 One-Bedroom, 12 Two-Bedroom units, for a total of 60 units.

How do I apply for housing at Mountain Village Apts?+

Mountain Village 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 is eligible to live at Mountain Village Apts?+

Mountain Village 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 Jefferson, NC?+

Based on Fair Market Rent for Ashe County, the estimated price range is: 1-bedroom: $678, 2-bedroom: $856. Actual rent at Mountain Village Apts may be lower for income-eligible households.

Who manages Mountain Village Apts?+

Mountain Village Apts is managed by . You can reach them at . Visit their website for more information.

What are the income limits for affordable housing in Ashe County, NC?+

For a 4-person household in Ashe 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.

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Contact Information

Walk Score

Car-Dependent

33
Walk
10
Bike

Nearby Schools

9,10,11,12
KG,1,2,3,4,5,6
PK,KG,1,2,3,4,5,6

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Ashe County, NC

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