About This Property
Hunters Run Apartments comprises 44 one-bedroom units designated for low-income elderly residents in Burnsville, NC. The property has been in service since 1988 and is funded through 4% Low-Income Housing Tax Credits. Management and leasing information available upon request.
Property Details
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Burnsville, NC?+
The Fair Market Rent (FMR) for Yancey County, NC is: $647 (Studio), $651 (1BR), $856 (2BR), $1136 (3BR), $1140 (4BR). Actual rent at subsidized properties like Hunters Run Apartments is typically 30% of household income or less.
What size apartments are available at Hunters Run Apartments?+
Hunters Run Apartments offers the following unit types: 44 One-Bedroom units, for a total of 44 units.
Who manages Hunters Run Apartments?+
Hunters Run Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Hunters Run Apartments?+
Hunters 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.
What are the income limits for affordable housing in Yancey County, NC?+
For a 4-person household in Yancey 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.
What is the price range for apartments in Burnsville, NC?+
Based on Fair Market Rent for Yancey County, the estimated price range is: 1-bedroom: $651. Actual rent at Hunters Run Apartments may be lower for income-eligible households.
Who is eligible to live at Hunters Run Apartments?+
Hunters Run Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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