About This Property
Signal Ridge offers 60 low-income residential units in Hendersonville, NC, serving families with a mix of one, two, and three-bedroom floor plans. The property includes six one-bedroom units, thirty two-bedroom units, and twenty-four three-bedroom units. Placed in service in 2020, Signal Ridge provides affordable housing options in Henderson County.
Waitlist Information
Waitlist managed by Western Carolina Community Action, Inc.
The waiting list is currently open with no deadline. Families with children, elderly applicants, and disabled individuals may receive priority placement; income limits apply.
There is a waitlist for the HCV program. To qualify, individuals or families must have an income below 50% of the area’s median income. Participants contribute 30% of their adjusted monthly income towards rent and utilities.
Waitlist data provided by section8waitlist.org
Updated July 29, 2026
Property Details
Fair Market Rent - Henderson 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 - Henderson 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hendersonville, NC?+
The Fair Market Rent (FMR) for Henderson County, NC is: $1428 (Studio), $1496 (1BR), $1680 (2BR), $2160 (3BR), $2851 (4BR). Actual rent at subsidized properties like Signal Ridge is typically 30% of household income or less.
What size apartments are available at Signal Ridge?+
Signal Ridge offers the following unit types: 6 One-Bedroom, 30 Two-Bedroom, 24 Three-Bedroom units, for a total of 60 units.
How do I apply for housing at Signal Ridge?+
Signal 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 are the income limits for affordable housing in Henderson County, NC?+
For a 4-person household in Henderson 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.
Is there a waitlist for Signal Ridge?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Signal Ridge?+
Signal Ridge is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Hendersonville, NC?+
Based on Fair Market Rent for Henderson County, the estimated price range is: 1-bedroom: $1496, 2-bedroom: $1680, 3-bedroom: $2160. Actual rent at Signal Ridge may be lower for income-eligible households.
Who is eligible to live at Signal Ridge?+
Signal Ridge primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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