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Affordable apartments in Asheboro, North Carolina

8 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

1 section 87 lihtc

Buildings

COLERIDGE ROAD APARTMENTS

Section 8
1101-1107 KEMP BOULIVARD, Asheboro, NC, 27203
Income-restricted units
94 of 100
Year placed in service
Not reported

Estimated total housing cost: $1,040 rent + $148 utilities = $1,188/mo

Contact property management for current availability. Waitlists may apply.

THE RESERVE AT ASHELYN GLEN

LIHTC
1819 N FAYETTEVILLE STREET, ASHEBORO, NC, 27203
Income-restricted units
72 of 72
Year placed in service
1997
Bedroom mix
48 2BR · 24 3BR

Estimated total housing cost: $1,040 rent + $148 utilities = $1,188/mo

Contact property management for current availability. Waitlists may apply.

ASHEBORO MILL LOFTS

LIHTC
161 S CHURCH ST, ASHEBORO, NC, 27203
Income-restricted units
70 of 70
Year placed in service
2013
Bedroom mix
19 1BR · 33 2BR · 18 3BR

Estimated total housing cost: $1,040 rent + $148 utilities = $1,188/mo

Contact property management for current availability. Waitlists may apply.

THE VILLAGE AT STONE CREEK

LIHTC
504 MARTIN LUTHER KING JR DR, ASHEBORO, NC, 27203
Income-restricted units
56 of 56
Year placed in service
1992
Bedroom mix
41 2BR · 15 3BR

Estimated total housing cost: $1,040 rent + $148 utilities = $1,188/mo

Contact property management for current availability. Waitlists may apply.

SUNSET PLACE APARTMENTS

LIHTC
726 SUNSET AVENUE, ASHEBORO, NC, 27203
Income-restricted units
52 of 52
Year placed in service
2012
Bedroom mix
40 2BR · 12 3BR

Estimated total housing cost: $1,040 rent + $148 utilities = $1,188/mo

Contact property management for current availability. Waitlists may apply.

CASPN HOMES SUPPORTIVE HOUSING FOR THE ELDERLY

LIHTC
945 S CHURCH ST, ASHEBORO, NC, 27203
Income-restricted units
50 of 51
Year placed in service
1998
Bedroom mix
51 1BR

Estimated total housing cost: $1,040 rent + $148 utilities = $1,188/mo

Contact property management for current availability. Waitlists may apply.

SHERWOOD PLACE

LIHTC
1000 SHERWOOD AVE, ASHEBORO, NC, 27205
Income-restricted units
40 of 40
Year placed in service
2008
Bedroom mix
40 1BR

Estimated total housing cost: $1,040 rent + $148 utilities = $1,188/mo

Contact property management for current availability. Waitlists may apply.

EAST SIDE HOMES

LIHTC
414 WATKINS STREET, ASHEBORO, NC, 27203
Income-restricted units
18 of 18
Year placed in service
1995
Bedroom mix
18 1BR

Estimated total housing cost: $1,040 rent + $148 utilities = $1,188/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in North Carolina

Residential electricity in North Carolina runs about 14.30¢/kWh, with a typical monthly residential electric bill near $148. Natural gas runs about $24.75/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for 27203

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$910n/a
1 bedroom$950n/a
2 bedroom$1,040$1,502
3 bedroom$1,330n/a
4 bedroom$1,530n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.

HUD income limits : Randolph County, NC

Greensboro-High Point, NC. FY2025. Area median income: $85,600.

Household size30% AMI50% AMI80% AMI
1 person$18,000$30,000$47,950
2 people$21,150$34,250$54,800
3 people$26,650$38,550$61,650
4 people$32,150$42,800$68,500
5 people$37,650$46,250$74,000
6 people$43,150$49,650$79,500
7 people$48,650$53,100$84,950
8 people$54,150$56,500$90,450

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Asheboro cost-of-living and Fair Market Rent overview