Fair Market Rent - Yancey 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 | $647 |
| 1 Bedroom | $651 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,136 |
| 4 Bedroom | $1,140 |
Income Limits - Yancey 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 |
All Cities in Yancey County
Frequently Asked Questions About Housing in Yancey County, NC
How many affordable housing options are in Yancey County, North Carolina?+
Yancey County, North Carolina has 23 affordable housing listings across 1 cities, with a total of 70 housing units. This includes 18 public housing, 5 LIHTC, and 0 housing authority listings.
What cities in Yancey County have affordable housing?+
Yancey County has affordable housing in 1 cities. The top cities include Burnsville. Browse the city listings on this page to see all available options by location.
What are the Fair Market Rents in Yancey County, North Carolina?+
The HUD Fair Market Rent (FMR) for Yancey County, North Carolina is: Studio: $647, 1BR: $651, 2BR: $856, 3BR: $1136, 4BR: $1140. FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit. Subsidized housing typically charges 30% of the tenant's income.
What are the income limits for affordable housing in Yancey County, North Carolina?+
For a 4-person household in Yancey County, North Carolina: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These HUD-set limits determine eligibility for various housing programs and are updated annually.
How do I apply for affordable housing in Yancey County, North Carolina?+
To apply for affordable housing in Yancey County, North Carolina: 1) Browse the listings on this page to find properties in your preferred city, 2) Contact the property or housing authority directly, 3) Complete their application, and 4) Provide proof of income and household size. Waitlist times vary — apply to multiple properties to maximize your chances.
What types of housing programs are available in Yancey County, North Carolina?+
Yancey County, North Carolina offers three main types of affordable housing: Public Housing (18 listings) — government-owned properties with income-based rent; LIHTC (5 listings) — privately owned apartments built with tax credits, offering below-market rents; and Housing Authorities (0 listings) — agencies administering Section 8 vouchers and public housing programs.
How large is the population of Yancey County?+
Yancey County has an estimated population of 2,035 across 1 cities. With 23 affordable housing properties serving the area, the county provides a range of housing assistance options for eligible residents.