About This Property
Asheboro Mill Lofts comprises 70 low-income units in Asheboro, North Carolina, with a unit mix of 19 one-bedroom, 33 two-bedroom, and 18 three-bedroom apartments serving families. The property was placed in service in 2013 and utilizes 9% Low-Income Housing Tax Credits for financing. The development is managed locally in Randolph County.
Waitlist Information
Waitlist managed by Asheboro Housing Authority
The Public Housing waiting list will be closed indefinitely effective 1/1/25. Preferences are given for elderly, disabled and working applicants who live or work in Randolph County.
The Section 8 waiting list will be closed indefinitely effective 1/1/25. Preferences are given for elderly, disabled and working applicants who live or work in Randolph County.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Randolph 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 | $1,011 |
| 1 Bedroom | $1,042 |
| 2 Bedroom | $1,170 |
| 3 Bedroom | $1,493 |
| 4 Bedroom | $1,680 |
Income Limits - Randolph County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,000
- Very Low (50%)
- $23,350
- Low (80%)
- $37,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,700
- Low (80%)
- $42,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,050
- Low (80%)
- $48,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,350
- Low (80%)
- $53,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,050
- Low (80%)
- $57,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,400
- Low (80%)
- $66,200
- Extremely Low (30%)
- $44,050
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,000 | $23,350 | $37,350 |
| 2 Persons | $17,420 | $26,700 | $42,700 |
| 3 Persons | $21,960 | $30,050 | $48,050 |
| 4 Persons | $26,500 | $33,350 | $53,350 |
| 5 Persons | $31,040 | $36,050 | $57,650 |
| 6 Persons | $35,580 | $38,700 | $61,900 |
| 7 Persons | $40,120 | $41,400 | $66,200 |
| 8 Persons | $44,050 | $44,050 | $70,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Asheboro, NC?+
The Fair Market Rent (FMR) for Randolph County, NC is: $1011 (Studio), $1042 (1BR), $1170 (2BR), $1493 (3BR), $1680 (4BR). Actual rent at subsidized properties like Asheboro Mill Lofts is typically 30% of household income or less.
What size apartments are available at Asheboro Mill Lofts?+
Asheboro Mill Lofts offers the following unit types: 19 One-Bedroom, 33 Two-Bedroom, 18 Three-Bedroom units, for a total of 70 units.
How do I apply for housing at Asheboro Mill Lofts?+
Asheboro Mill Lofts 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 Asheboro Mill Lofts?+
Asheboro Mill Lofts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Asheboro, NC?+
Based on Fair Market Rent for Randolph County, the estimated price range is: 1-bedroom: $1042, 2-bedroom: $1170, 3-bedroom: $1493. Actual rent at Asheboro Mill Lofts may be lower for income-eligible households.
Who manages Asheboro Mill Lofts?+
Asheboro Mill Lofts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Asheboro Mill Lofts?+
Public Housing waitlist is currently Closed. 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.
What are the income limits for affordable housing in Randolph County, NC?+
For a 4-person household in Randolph County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,350, Low Income (80% AMI): $53,350. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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