About This Property
Dunbar Place Apts is a 74-unit affordable housing community in Arden, NC that serves families through a mix of one, two, and three-bedroom units. The property has been in service since 2001 and utilizes 9% Low-Income Housing Tax Credits and HOME funding to provide affordable rental options. The community contains 12 one-bedroom units, 42 two-bedroom units, and 20 three-bedroom units designated for low-income households.
Property Details
Fair Market Rent - Buncombe 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 | $1,428 |
| 1 Bedroom | $1,496 |
| 2 Bedroom | $1,680 |
| 3 Bedroom | $2,160 |
| 4 Bedroom | $2,851 |
Income Limits - Buncombe County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,800
- Very Low (50%)
- $26,300
- Low (80%)
- $42,100
- Extremely Low (30%)
- $18,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,550
- Low (80%)
- $60,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,600
- Low (80%)
- $64,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,600
- Low (80%)
- $74,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,600
- Low (80%)
- $79,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,800 | $26,300 | $42,100 |
| 2 Persons | $18,050 | $30,050 | $48,100 |
| 3 Persons | $21,960 | $33,800 | $54,100 |
| 4 Persons | $26,500 | $37,550 | $60,100 |
| 5 Persons | $31,040 | $40,600 | $64,950 |
| 6 Persons | $35,580 | $43,600 | $69,750 |
| 7 Persons | $40,120 | $46,600 | $74,550 |
| 8 Persons | $44,660 | $49,600 | $79,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Arden, NC?+
The Fair Market Rent (FMR) for Buncombe County, NC is: $1428 (Studio), $1496 (1BR), $1680 (2BR), $2160 (3BR), $2851 (4BR). Actual rent at subsidized properties like Dunbar Place Apts is typically 30% of household income or less.
What size apartments are available at Dunbar Place Apts?+
Dunbar Place Apts offers the following unit types: 12 One-Bedroom, 42 Two-Bedroom, 20 Three-Bedroom units, for a total of 74 units.
How do I apply for housing at Dunbar Place Apts?+
Dunbar Place 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.
What are the income limits for affordable housing in Buncombe County, NC?+
For a 4-person household in Buncombe County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,550, Low Income (80% AMI): $60,100. These limits are set by HUD and updated annually.
Who manages Dunbar Place Apts?+
Dunbar Place Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Dunbar Place Apts?+
Dunbar Place Apts primarily serves families. 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 Arden, NC?+
Based on Fair Market Rent for Buncombe County, the estimated price range is: 1-bedroom: $1496, 2-bedroom: $1680, 3-bedroom: $2160. Actual rent at Dunbar Place Apts may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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