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Affordable apartments in Boone, North Carolina

3 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.

3 lihtc

Buildings

WATAUGA GREEN APARTMENTS

LIHTC
158 HERRING LOOP, BOONE, NC, 28607
Income-restricted units
72 of 72
Year placed in service
2015
Bedroom mix
52 2BR · 20 3BR

Estimated total housing cost: $1,071 rent + $148 utilities = $1,219/mo

Contact property management for current availability. Waitlists may apply.

WHITE LAUREL

LIHTC
BROOK HOLLOW LANE, BOONE, NC, 28607
Income-restricted units
42 of 42
Year placed in service
1999
Bedroom mix
22 2BR · 16 3BR · 4 4+BR

Estimated total housing cost: $1,071 rent + $148 utilities = $1,219/mo

Contact property management for current availability. Waitlists may apply.

IVY TERRACE APTS

LIHTC
206 IVY TERRACE DRIVE, BOONE, NC, 28607
Income-restricted units
34 of 34
Year placed in service
1996
Bedroom mix
34 1BR

Estimated total housing cost: $1,071 rent + $148 utilities = $1,219/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 Boone, NC

Metro-level
BedroomsLocal FMRNational median
Studio$910n/a
1 bedroom$1,017n/a
2 bedroom$1,071$1,502
3 bedroom$1,392n/a
4 bedroom$1,607n/a

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

HUD income limits : Watauga County, NC

FY2025. Area median income: $94,300.

Household size30% AMI50% AMI80% AMI
1 person$19,850$33,050$52,850
2 people$22,650$37,750$60,400
3 people$26,650$42,450$67,950
4 people$32,150$47,150$75,450
5 people$37,650$50,950$81,500
6 people$43,150$54,700$87,550
7 people$48,650$58,500$93,600
8 people$54,150$62,250$99,600

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.

Affordable rentals in nearby North Carolina cities

See all affordable-rental cities in North Carolina

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: Boone cost-of-living and Fair Market Rent overview