About This Property
Maple Ridge Apts comprises 38 low-income units in Elkin, NC, serving elderly residents. The property includes 37 one-bedroom and one two-bedroom units and has been in service since 1994. The community is funded through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Surry 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 | $672 |
| 1 Bedroom | $677 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,045 |
| 4 Bedroom | $1,368 |
Income Limits - Surry County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,100
- Very Low (50%)
- $21,850
- Low (80%)
- $34,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,000
- Low (80%)
- $39,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,100
- Low (80%)
- $44,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,200
- Low (80%)
- $49,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
- Extremely Low (30%)
- $38,700
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $41,200
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,100 | $21,850 | $34,950 |
| 2 Persons | $17,420 | $25,000 | $39,950 |
| 3 Persons | $21,960 | $28,100 | $44,950 |
| 4 Persons | $26,500 | $31,200 | $49,900 |
| 5 Persons | $31,040 | $33,700 | $53,900 |
| 6 Persons | $35,580 | $36,200 | $57,900 |
| 7 Persons | $38,700 | $38,700 | $61,900 |
| 8 Persons | $41,200 | $41,200 | $65,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Elkin, NC?+
The Fair Market Rent (FMR) for Surry County, NC is: $672 (Studio), $677 (1BR), $856 (2BR), $1045 (3BR), $1368 (4BR). Actual rent at subsidized properties like Maple Ridge Apts is typically 30% of household income or less.
What size apartments are available at Maple Ridge Apts?+
Maple Ridge Apts offers the following unit types: 37 One-Bedroom, 1 Two-Bedroom units, for a total of 38 units.
Who manages Maple Ridge Apts?+
Maple Ridge Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Maple Ridge Apts?+
Maple Ridge 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 is eligible to live at Maple Ridge Apts?+
Maple Ridge Apts primarily serves elderly residents. 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 Elkin, NC?+
Based on Fair Market Rent for Surry County, the estimated price range is: 1-bedroom: $677, 2-bedroom: $856. Actual rent at Maple Ridge Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Surry County, NC?+
For a 4-person household in Surry County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,200, Low Income (80% AMI): $49,900. These limits are set by HUD and updated annually.
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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