About This Property
Bay River Apts comprises 20 low-income units in Bayboro, NC, with a mix of twelve 2-bedroom and eight 3-bedroom apartments serving families. The property has been in service since 2000 and receives funding through the HOME program and 9% Low-Income Housing Tax Credits. Contact information and management details are available upon request.
Property Details
Fair Market Rent - Pamlico 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 | $860 |
| 1 Bedroom | $866 |
| 2 Bedroom | $1,138 |
| 3 Bedroom | $1,376 |
| 4 Bedroom | $1,578 |
Income Limits - Pamlico County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,300
- Low (80%)
- $34,100
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,350
- Low (80%)
- $38,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,400
- Low (80%)
- $43,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,400
- Low (80%)
- $48,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,850
- Low (80%)
- $52,550
- Extremely Low (30%)
- $35,300
- Very Low (50%)
- $35,300
- Low (80%)
- $56,450
- Extremely Low (30%)
- $37,700
- Very Low (50%)
- $37,700
- Low (80%)
- $60,350
- Extremely Low (30%)
- $40,150
- Very Low (50%)
- $40,150
- Low (80%)
- $64,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,300 | $34,100 |
| 2 Persons | $17,420 | $24,350 | $38,950 |
| 3 Persons | $21,960 | $27,400 | $43,800 |
| 4 Persons | $26,500 | $30,400 | $48,650 |
| 5 Persons | $31,040 | $32,850 | $52,550 |
| 6 Persons | $35,300 | $35,300 | $56,450 |
| 7 Persons | $37,700 | $37,700 | $60,350 |
| 8 Persons | $40,150 | $40,150 | $64,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bayboro, NC?+
The Fair Market Rent (FMR) for Pamlico County, NC is: $860 (Studio), $866 (1BR), $1138 (2BR), $1376 (3BR), $1578 (4BR). Actual rent at subsidized properties like Bay River Apts is typically 30% of household income or less.
What size apartments are available at Bay River Apts?+
Bay River Apts offers the following unit types: 12 Two-Bedroom, 8 Three-Bedroom units, for a total of 20 units.
Who is eligible to live at Bay River Apts?+
Bay River Apts 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 Bay River Apts?+
Bay River Apts 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 manages Bay River Apts?+
Bay River Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Pamlico County, NC?+
For a 4-person household in Pamlico County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,400, Low Income (80% AMI): $48,650. These limits are set by HUD and updated annually.
What is the price range for apartments in Bayboro, NC?+
Based on Fair Market Rent for Pamlico County, the estimated price range is: 2-bedroom: $1138, 3-bedroom: $1376. Actual rent at Bay River Apts may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.