About This Property
River Run Apartments offers 48 low-income units in Chocowinity, North Carolina, serving families with a mix of two-, three-, and four-bedroom floor plans. The property, which opened in 2014 and receives 9% Low-Income Housing Tax Credit funding, contains 24 two-bedroom, 20 three-bedroom, and 4 four-bedroom apartments. This Beaufort County community provides affordable rental housing options for households with limited incomes.
Property Details
Fair Market Rent - Beaufort 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 | $668 |
| 1 Bedroom | $672 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,166 |
| 4 Bedroom | $1,453 |
Income Limits - Beaufort County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,100
- Low (80%)
- $33,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,100
- Low (80%)
- $38,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,100
- Low (80%)
- $43,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,550
- Low (80%)
- $52,050
- Extremely Low (30%)
- $34,950
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $37,350
- Very Low (50%)
- $37,350
- Low (80%)
- $59,750
- Extremely Low (30%)
- $39,750
- Very Low (50%)
- $39,750
- Low (80%)
- $63,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,100 | $33,750 |
| 2 Persons | $17,420 | $24,100 | $38,550 |
| 3 Persons | $21,960 | $27,100 | $43,350 |
| 4 Persons | $26,500 | $30,100 | $48,150 |
| 5 Persons | $31,040 | $32,550 | $52,050 |
| 6 Persons | $34,950 | $34,950 | $55,900 |
| 7 Persons | $37,350 | $37,350 | $59,750 |
| 8 Persons | $39,750 | $39,750 | $63,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chocowinity, NC?+
The Fair Market Rent (FMR) for Beaufort County, NC is: $668 (Studio), $672 (1BR), $856 (2BR), $1166 (3BR), $1453 (4BR). Actual rent at subsidized properties like River Run Apartments is typically 30% of household income or less.
What size apartments are available at River Run Apartments?+
River Run Apartments offers the following unit types: 24 Two-Bedroom, 20 Three-Bedroom, 4 Four-Bedroom units, for a total of 48 units.
Who is eligible to live at River Run Apartments?+
River Run Apartments 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 Chocowinity, NC?+
Based on Fair Market Rent for Beaufort County, the estimated price range is: 2-bedroom: $856, 3-bedroom: $1166. Actual rent at River Run Apartments may be lower for income-eligible households.
Who manages River Run Apartments?+
River Run Apartments is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Beaufort County, NC?+
For a 4-person household in Beaufort County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,100, Low Income (80% AMI): $48,150. These limits are set by HUD and updated annually.
How do I apply for housing at River Run Apartments?+
River Run Apartments 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.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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