About This Property
Franklin Ridge Apts comprises 48 low-income units in High Point, NC, featuring 36 two-bedroom and 12 three-bedroom apartments. The property was placed in service in 2000 and utilizes 9% Low-Income Housing Tax Credits to serve families. The community is managed by [property management company name].
Waitlist Information
Waitlist managed by Housing Authority of the City of High Point
Preferences include living or working locally or being working/employed; applicants are placed on the waiting list by date and time received, after sorting preferences.
Preferences included living, working, or attending school in High Point, veterans, working/employed, displaced by natural disaster, or displaced by government action.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Guilford 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 | $1,011 |
| 1 Bedroom | $1,042 |
| 2 Bedroom | $1,170 |
| 3 Bedroom | $1,493 |
| 4 Bedroom | $1,680 |
Income Limits - Guilford County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,000
- Very Low (50%)
- $23,350
- Low (80%)
- $37,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,700
- Low (80%)
- $42,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,050
- Low (80%)
- $48,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,350
- Low (80%)
- $53,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,050
- Low (80%)
- $57,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,400
- Low (80%)
- $66,200
- Extremely Low (30%)
- $44,050
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,000 | $23,350 | $37,350 |
| 2 Persons | $17,420 | $26,700 | $42,700 |
| 3 Persons | $21,960 | $30,050 | $48,050 |
| 4 Persons | $26,500 | $33,350 | $53,350 |
| 5 Persons | $31,040 | $36,050 | $57,650 |
| 6 Persons | $35,580 | $38,700 | $61,900 |
| 7 Persons | $40,120 | $41,400 | $66,200 |
| 8 Persons | $44,050 | $44,050 | $70,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in High Point, NC?+
The Fair Market Rent (FMR) for Guilford County, NC is: $1011 (Studio), $1042 (1BR), $1170 (2BR), $1493 (3BR), $1680 (4BR). Actual rent at subsidized properties like Franklin Ridge Apts is typically 30% of household income or less.
What size apartments are available at Franklin Ridge Apts?+
Franklin Ridge Apts offers the following unit types: 36 Two-Bedroom, 12 Three-Bedroom units, for a total of 48 units.
How do I apply for housing at Franklin Ridge Apts?+
Franklin 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.
Is there a waitlist for Franklin Ridge Apts?+
Public Housing waitlist is currently Open. 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 is eligible to live at Franklin Ridge Apts?+
Franklin Ridge Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Franklin Ridge Apts?+
Franklin Ridge Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in High Point, NC?+
Based on Fair Market Rent for Guilford County, the estimated price range is: 2-bedroom: $1170, 3-bedroom: $1493. Actual rent at Franklin Ridge Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Guilford County, NC?+
For a 4-person household in Guilford County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,350, Low Income (80% AMI): $53,350. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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