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Affordable apartments in Brevard, North Carolina

7 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.

6 lihtc1 section 8

Buildings

BROAD RIVER TERRACE

LIHTC
51 KIMZEY CIRCLE, BREVARD, NC, 28712
Income-restricted units
62 of 62
Year placed in service
2011
Bedroom mix
8 1BR · 36 2BR · 18 3BR

Estimated total housing cost: $786 rent + $148 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

COTTAGES AT BREVARD

LIHTC
15 PENDER LANE, BREVARD, NC, 28712
Income-restricted units
40 of 40
Year placed in service
2013
Bedroom mix
28 1BR · 12 2BR

Estimated total housing cost: $786 rent + $148 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

Balsam Grove Apts.

Section 8
96/104 MAGNOLIA ST, Brevard, NC, 28712
Income-restricted units
40 of 40
Year placed in service
Not reported

Estimated total housing cost: $786 rent + $148 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

ENGLISH HILLS

LIHTC
15 LOCKS DRIVE, BREVARD, NC, 28712
Income-restricted units
40 of 40
Year placed in service
2006
Bedroom mix
4 1BR · 24 2BR · 12 3BR

Estimated total housing cost: $786 rent + $148 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

CEDAR HILL APTS

LIHTC
93 HOSPITAL ROAD, BREVARD, NC, 28712
Income-restricted units
33 of 33
Year placed in service
1992
Bedroom mix
32 1BR · 1 2BR

Estimated total housing cost: $786 rent + $148 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

LAUREL VILLAGE

LIHTC
21 E LAUREL COURT, BREVARD, NC, 28712
Income-restricted units
29 of 29
Year placed in service
2005
Bedroom mix
27 1BR · 2 2BR

Estimated total housing cost: $786 rent + $148 utilities = $934/mo

Contact property management for current availability. Waitlists may apply.

EXCELSIOR APTS

LIHTC
58 EXCELSIOR DRIVE, BREVARD, NC, 28712
Income-restricted units
20 of 20
Year placed in service
1998
Bedroom mix
16 2BR · 4 3BR

Estimated total housing cost: $786 rent + $148 utilities = $934/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 Brevard, NC

Metro-level
BedroomsLocal FMRNational median
Studio$668n/a
1 bedroom$747n/a
2 bedroom$786$1,502
3 bedroom$1,022n/a
4 bedroom$1,179n/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 : Transylvania County, NC

FY2025. Area median income: $88,300.

Household size30% AMI50% AMI80% AMI
1 person$17,700$29,400$47,100
2 people$21,150$33,600$53,800
3 people$26,650$37,800$60,550
4 people$32,150$42,050$67,250
5 people$37,650$45,400$72,650
6 people$43,150$48,750$78,050
7 people$48,650$52,100$83,400
8 people$54,150$55,500$88,800

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