About This Property
Mashburn Gap Apartments offers 34 units of affordable housing in Marshall, NC, serving elderly residents since 2012. The property includes 32 one-bedroom units and 2 two-bedroom units developed under the 4% Low-Income Housing Tax Credit program. All units serve low-income households.
Waitlist Information
Waitlist managed by Marshall Housing Authority
Families with children, elderly applicants, and disabled individuals may receive priority placement; applicants need to provide government-issued photo ID for adults, Social Security cards and birth certificates for all household members, proof of income, and proof of current address.
Eligibility is based on income (generally below 50% of Area Median Income), family size, and citizenship status.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Madison 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 - Madison 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 Marshall, NC?+
The Fair Market Rent (FMR) for Madison County, NC is: $1428 (Studio), $1496 (1BR), $1680 (2BR), $2160 (3BR), $2851 (4BR). Actual rent at subsidized properties like Mashburn Gap Apartments is typically 30% of household income or less.
What size apartments are available at Mashburn Gap Apartments?+
Mashburn Gap Apartments offers the following unit types: 32 One-Bedroom, 2 Two-Bedroom units, for a total of 34 units.
Who manages Mashburn Gap Apartments?+
Mashburn Gap Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Marshall, NC?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $1496, 2-bedroom: $1680. Actual rent at Mashburn Gap Apartments may be lower for income-eligible households.
How do I apply for housing at Mashburn Gap Apartments?+
Mashburn Gap Apartments 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 Madison County, NC?+
For a 4-person household in Madison 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 Mashburn Gap Apartments?+
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.
Who is eligible to live at Mashburn Gap Apartments?+
Mashburn Gap Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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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