
About This Property
Mitchell House Apartments comprises 22 low-income units in Bakersville, NC, serving elderly residents. The property, placed in service in 2012, contains 20 one-bedroom and 2 two-bedroom units and is supported by 4% Low-Income Housing Tax Credits. Management and leasing inquiries can be directed to the property contact information.
Property Details
Fair Market Rent - Mitchell 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 | $647 |
| 1 Bedroom | $651 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,053 |
| 4 Bedroom | $1,140 |
Income Limits - Mitchell County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,750
- Low (80%)
- $33,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,700
- Low (80%)
- $37,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,650
- Low (80%)
- $42,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,600
- Low (80%)
- $47,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,000
- Low (80%)
- $51,150
- Extremely Low (30%)
- $34,350
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $36,750
- Very Low (50%)
- $36,750
- Low (80%)
- $58,750
- Extremely Low (30%)
- $39,100
- Very Low (50%)
- $39,100
- Low (80%)
- $62,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,750 | $33,150 |
| 2 Persons | $17,420 | $23,700 | $37,900 |
| 3 Persons | $21,960 | $26,650 | $42,650 |
| 4 Persons | $26,500 | $29,600 | $47,350 |
| 5 Persons | $31,040 | $32,000 | $51,150 |
| 6 Persons | $34,350 | $34,350 | $54,950 |
| 7 Persons | $36,750 | $36,750 | $58,750 |
| 8 Persons | $39,100 | $39,100 | $62,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bakersville, NC?+
The Fair Market Rent (FMR) for Mitchell County, NC is: $647 (Studio), $651 (1BR), $856 (2BR), $1053 (3BR), $1140 (4BR). Actual rent at subsidized properties like Mitchell House Apartments is typically 30% of household income or less.
What size apartments are available at Mitchell House Apartments?+
Mitchell House Apartments offers the following unit types: 20 One-Bedroom, 2 Two-Bedroom units, for a total of 22 units.
How do I apply for housing at Mitchell House Apartments?+
Mitchell House 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.
Who is eligible to live at Mitchell House Apartments?+
Mitchell House Apartments primarily serves elderly residents. 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 Mitchell County, NC?+
For a 4-person household in Mitchell County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,600, Low Income (80% AMI): $47,350. These limits are set by HUD and updated annually.
What is the price range for apartments in Bakersville, NC?+
Based on Fair Market Rent for Mitchell County, the estimated price range is: 1-bedroom: $651, 2-bedroom: $856. Actual rent at Mitchell House Apartments may be lower for income-eligible households.
Who manages Mitchell House Apartments?+
Mitchell House Apartments is managed by . You can reach them at . Visit their website for more 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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