About This Property
Park's Edge contains 96 low-income units in Charlottesville, Virginia, serving families with a mix of one-, two-, and three-bedroom apartments. The property has been in service since 2005 and is funded through 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Waitlist Information
Waitlist managed by Charlottesville Redev & Housing Authority
Applications for Crescent Halls and Public Housing are currently CLOSED. Eligibility is based on HUD’s income limits, applicant’s citizenship status, and whether the applicant qualifies as a senior, a person with a disability, or as a family.
The HCVP and CSRAP Offices have relocated to 110 5th Street, Northeast, Charlottesville, VA, 22902. Eligibility is based on HUD’s income limits, applicant’s citizenship status, and size of the family.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Albemarle County, VA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,392 |
| 1 Bedroom | $1,415 |
| 2 Bedroom | $1,678 |
| 3 Bedroom | $2,114 |
| 4 Bedroom | $2,608 |
Income Limits - Albemarle County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,700
- Very Low (50%)
- $32,800
- Low (80%)
- $52,500
- Extremely Low (30%)
- $22,500
- Very Low (50%)
- $37,500
- Low (80%)
- $60,000
- Extremely Low (30%)
- $25,300
- Very Low (50%)
- $42,200
- Low (80%)
- $67,500
- Extremely Low (30%)
- $28,100
- Very Low (50%)
- $46,850
- Low (80%)
- $74,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $50,600
- Low (80%)
- $80,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,350
- Low (80%)
- $86,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $58,100
- Low (80%)
- $92,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $61,850
- Low (80%)
- $98,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,700 | $32,800 | $52,500 |
| 2 Persons | $22,500 | $37,500 | $60,000 |
| 3 Persons | $25,300 | $42,200 | $67,500 |
| 4 Persons | $28,100 | $46,850 | $74,950 |
| 5 Persons | $31,040 | $50,600 | $80,950 |
| 6 Persons | $35,580 | $54,350 | $86,950 |
| 7 Persons | $40,120 | $58,100 | $92,950 |
| 8 Persons | $44,660 | $61,850 | $98,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Charlottesville, VA?+
The Fair Market Rent (FMR) for Albemarle County, VA is: $1392 (Studio), $1415 (1BR), $1678 (2BR), $2114 (3BR), $2608 (4BR). Actual rent at subsidized properties like Park'S Edge is typically 30% of household income or less.
What size apartments are available at Park'S Edge?+
Park'S Edge offers the following unit types: 19 One-Bedroom, 58 Two-Bedroom, 19 Three-Bedroom units, for a total of 96 units.
What is the price range for apartments in Charlottesville, VA?+
Based on Fair Market Rent for Albemarle County, the estimated price range is: 1-bedroom: $1415, 2-bedroom: $1678, 3-bedroom: $2114. Actual rent at Park'S Edge may be lower for income-eligible households.
Who is eligible to live at Park'S Edge?+
Park'S Edge primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Park'S Edge?+
Park'S Edge 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 Park'S Edge?+
Public Housing waitlist is currently Closed. 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 manages Park'S Edge?+
Park'S Edge is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Albemarle County, VA?+
For a 4-person household in Albemarle County, VA, the income limits are: Extremely Low Income (30% AMI): $28,100, Very Low Income (50% AMI): $46,850, Low Income (80% AMI): $74,950. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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