About This Property
Carmel Ridge Apartments offers 80 low-income units in Asheville, North Carolina, serving families with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 2014 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. The community contains 10 one-bedroom, 50 two-bedroom, and 20 three-bedroom apartments.
Waitlist Information
Waitlist managed by Housing Authority of the City of Asheville
Applications are accepted online only for properties owned by the Asheville Housing Authority, including Maple Crest Apartments.
The HCV Tenant-Based Voucher waitlist is open, which also includes Tenant-Mobility Vouchers for PBV-RAD participants after one year of residency. Applications are accepted online only. Eligibility is based on total annual gross income, family size, and immigration status, generally not exceeding 50% of the median income for the area. 75% of vouchers must be provided to applicants with incomes not exceeding 30% of area median income.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Buncombe 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 | $1,428 |
| 1 Bedroom | $1,496 |
| 2 Bedroom | $1,680 |
| 3 Bedroom | $2,160 |
| 4 Bedroom | $2,851 |
Income Limits - Buncombe County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,800
- Very Low (50%)
- $26,300
- Low (80%)
- $42,100
- Extremely Low (30%)
- $18,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,550
- Low (80%)
- $60,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,600
- Low (80%)
- $64,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,600
- Low (80%)
- $74,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,600
- Low (80%)
- $79,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,800 | $26,300 | $42,100 |
| 2 Persons | $18,050 | $30,050 | $48,100 |
| 3 Persons | $21,960 | $33,800 | $54,100 |
| 4 Persons | $26,500 | $37,550 | $60,100 |
| 5 Persons | $31,040 | $40,600 | $64,950 |
| 6 Persons | $35,580 | $43,600 | $69,750 |
| 7 Persons | $40,120 | $46,600 | $74,550 |
| 8 Persons | $44,660 | $49,600 | $79,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Asheville, NC?+
The Fair Market Rent (FMR) for Buncombe County, NC is: $1428 (Studio), $1496 (1BR), $1680 (2BR), $2160 (3BR), $2851 (4BR). Actual rent at subsidized properties like Carmel Ridge Apartments is typically 30% of household income or less.
What size apartments are available at Carmel Ridge Apartments?+
Carmel Ridge Apartments offers the following unit types: 10 One-Bedroom, 50 Two-Bedroom, 20 Three-Bedroom units, for a total of 80 units.
Is there a waitlist for Carmel Ridge Apartments?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. 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 Buncombe County, NC?+
For a 4-person household in Buncombe County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,550, Low Income (80% AMI): $60,100. These limits are set by HUD and updated annually.
Who manages Carmel Ridge Apartments?+
Carmel Ridge Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Carmel Ridge Apartments?+
Carmel Ridge 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.
What is the price range for apartments in Asheville, NC?+
Based on Fair Market Rent for Buncombe County, the estimated price range is: 1-bedroom: $1496, 2-bedroom: $1680, 3-bedroom: $2160. Actual rent at Carmel Ridge Apartments may be lower for income-eligible households.
Who is eligible to live at Carmel Ridge Apartments?+
Carmel Ridge Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
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