About This Property
Rutherford Square offers 24 low-income units in Connelly Springs serving families with a mix of eight 1-bedroom and sixteen 2-bedroom apartments. The property has been in service since 1987 and receives 4% Low-Income Housing Tax Credit funding. Management and leasing inquiries can be directed through the property's contact information.
Property Details
Fair Market Rent - Burke 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 - Burke 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 Connelly Springs, NC?+
The Fair Market Rent (FMR) for Burke County, NC is: $806 (Studio), $834 (1BR), $1014 (2BR), $1314 (3BR), $1506 (4BR). Actual rent at subsidized properties like Rutherford Square is typically 30% of household income or less.
What size apartments are available at Rutherford Square?+
Rutherford Square offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
Who manages Rutherford Square?+
Rutherford Square is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Connelly Springs, NC?+
Based on Fair Market Rent for Burke County, the estimated price range is: 1-bedroom: $834, 2-bedroom: $1014. Actual rent at Rutherford Square may be lower for income-eligible households.
How do I apply for housing at Rutherford Square?+
Rutherford Square 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 Rutherford Square?+
Rutherford Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Burke County, NC?+
For a 4-person household in Burke 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.
Contact Information
Walk Score
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