About This Property
Walden Ridge offers 40 low-income units in Wilkesboro, NC, with a mix of 20 two-bedroom and 20 three-bedroom apartments designed to serve families. The property has been in service since 2004 and is financed through 9% Low-Income Housing Tax Credits. Management and contact information are available upon request.
Property Details
Fair Market Rent - Wilkes 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 | $713 |
| 1 Bedroom | $745 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,139 |
| 4 Bedroom | $1,274 |
Income Limits - Wilkes County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wilkesboro, NC?+
The Fair Market Rent (FMR) for Wilkes County, NC is: $713 (Studio), $745 (1BR), $856 (2BR), $1139 (3BR), $1274 (4BR). Actual rent at subsidized properties like Walden Ridge is typically 30% of household income or less.
What size apartments are available at Walden Ridge?+
Walden Ridge offers the following unit types: 20 Two-Bedroom, 20 Three-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Wilkes County, NC?+
For a 4-person household in Wilkes 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.
Who is eligible to live at Walden Ridge?+
Walden Ridge primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Walden Ridge?+
Walden Ridge is managed by . You can reach them at .
How do I apply for housing at Walden Ridge?+
Walden Ridge is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Wilkesboro, NC?+
Based on Fair Market Rent for Wilkes County, the estimated price range is: 2-bedroom: $856, 3-bedroom: $1139. Actual rent at Walden Ridge 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.
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