Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Oakwood Village Apts

1216 N WASHINGTON STREET, Rutherfordton, NC, 28139

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Oakwood Village Apts comprises 28 one-bedroom units serving elderly residents in Rutherfordton, NC. The property was placed in service in 1999 and operates as a low-income housing community funded through 4% Low-Income Housing Tax Credits. All 28 units are designated for low-income occupancy.

Waitlist Information

Waitlist managed by Isothermal Planning & Development Commission

Public Housing Waitlist
Closed
Apply: Online

The website states "OUR WAITING LIST IS CURRENTLY CLOSED. WE ARE NOT TAKING APPLICATIONS AT THIS TIME."

Last verified February 17, 2026
Section 8 (HCV) Waitlist
Closed
Apply: Online

The Section 8 Housing Choice Voucher Program provides assistance with rent and utilities. Active clients can participate in the Family Self-Sufficiency Program.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
28
1 Bedroom
28

Fair Market Rent - Rutherford County, NC

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$733
1 Bedroom$737
2 Bedroom$856
3 Bedroom$1,117
4 Bedroom$1,367

Income Limits - Rutherford County, NC

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$20,500
Low (80%)
$32,800
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$23,400
Low (80%)
$37,450
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$26,350
Low (80%)
$42,150
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$29,250
Low (80%)
$46,800
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$31,600
Low (80%)
$50,550
6 Persons
Extremely Low (30%)
$33,950
Very Low (50%)
$33,950
Low (80%)
$54,300
7 Persons
Extremely Low (30%)
$36,300
Very Low (50%)
$36,300
Low (80%)
$58,050
8 Persons
Extremely Low (30%)
$38,650
Very Low (50%)
$38,650
Low (80%)
$61,800

Tax Credit Program Details

Year Placed in Service
1999
LIHTC Credit Type
4%
Low-Income Units
28 / 28
Target Population
Elderly
Funding Programs
Rental Assistance

Frequently Asked Questions

What is the average rent for affordable housing in Rutherfordton, NC?+

The Fair Market Rent (FMR) for Rutherford County, NC is: $733 (Studio), $737 (1BR), $856 (2BR), $1117 (3BR), $1367 (4BR). Actual rent at subsidized properties like Oakwood Village Apts is typically 30% of household income or less.

What size apartments are available at Oakwood Village Apts?+

Oakwood Village Apts offers the following unit types: 28 One-Bedroom units, for a total of 28 units.

Is there a waitlist for Oakwood Village Apts?+

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.

Who manages Oakwood Village Apts?+

Oakwood Village Apts is managed by . You can reach them at . Visit their website for more information.

Who is eligible to live at Oakwood Village Apts?+

Oakwood Village Apts 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 Rutherford County, NC?+

For a 4-person household in Rutherford County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.

How do I apply for housing at Oakwood Village Apts?+

Oakwood Village 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.

What is the price range for apartments in Rutherfordton, NC?+

Based on Fair Market Rent for Rutherford County, the estimated price range is: 1-bedroom: $737. Actual rent at Oakwood Village Apts may be lower for income-eligible households.

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Location

Rutherford County, NC

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