About This Property
Jakes Ridge offers 64 low-income units in Oxford, North Carolina, serving families with a mix of 40 two-bedroom and 24 three-bedroom apartments. The property was placed in service in 2017 and is financed through 9% Low-Income Housing Tax Credits. Interested parties can contact the property management for availability and application information.
Waitlist Information
Waitlist managed by Oxford Housing Authority
The waiting list is currently accepting applications for families and senior/disabled individuals. No preferences were noted.
The Oxford Housing Authority is not currently accepting applications for Section 8 (Housing Choice Voucher) programs.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Granville 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 | $1,013 |
| 1 Bedroom | $1,040 |
| 2 Bedroom | $1,168 |
| 3 Bedroom | $1,579 |
| 4 Bedroom | $1,739 |
Income Limits - Granville County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,400
- Very Low (50%)
- $24,000
- Low (80%)
- $38,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,400
- Low (80%)
- $43,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,850
- Low (80%)
- $49,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,000
- Low (80%)
- $59,200
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,750
- Low (80%)
- $63,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,500
- Low (80%)
- $68,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,250
- Low (80%)
- $72,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,400 | $24,000 | $38,400 |
| 2 Persons | $17,420 | $27,400 | $43,850 |
| 3 Persons | $21,960 | $30,850 | $49,350 |
| 4 Persons | $26,500 | $34,250 | $54,800 |
| 5 Persons | $31,040 | $37,000 | $59,200 |
| 6 Persons | $35,580 | $39,750 | $63,600 |
| 7 Persons | $40,120 | $42,500 | $68,000 |
| 8 Persons | $44,660 | $45,250 | $72,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Oxford, NC?+
The Fair Market Rent (FMR) for Granville County, NC is: $1013 (Studio), $1040 (1BR), $1168 (2BR), $1579 (3BR), $1739 (4BR). Actual rent at subsidized properties like Jakes Ridge is typically 30% of household income or less.
What size apartments are available at Jakes Ridge?+
Jakes Ridge offers the following unit types: 40 Two-Bedroom, 24 Three-Bedroom units, for a total of 64 units.
Who manages Jakes Ridge?+
Jakes Ridge is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Granville County, NC?+
For a 4-person household in Granville County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,250, Low Income (80% AMI): $54,800. These limits are set by HUD and updated annually.
Who is eligible to live at Jakes Ridge?+
Jakes Ridge primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Jakes Ridge?+
Jakes Ridge 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 is the price range for apartments in Oxford, NC?+
Based on Fair Market Rent for Granville County, the estimated price range is: 2-bedroom: $1168, 3-bedroom: $1579. Actual rent at Jakes Ridge may be lower for income-eligible households.
Is there a waitlist for Jakes Ridge?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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