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Affordable apartments in Elkin, North Carolina

6 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 lihtc

Buildings

ELKIN RIDGE APARTMENTS

LIHTC
110 PGW DRIVE, ELKIN, NC, 28621
Income-restricted units
66 of 66
Year placed in service
2021
Bedroom mix
10 1BR · 38 2BR · 18 3BR

Estimated total housing cost: $736 rent + $148 utilities = $884/mo

Contact property management for current availability. Waitlists may apply.

COOPER TERRACE

LIHTC
269 PGW DRIVE, ELKIN, NC, 28621
Income-restricted units
56 of 56
Year placed in service
2015
Bedroom mix
8 1BR · 33 2BR · 15 3BR

Estimated total housing cost: $736 rent + $148 utilities = $884/mo

Contact property management for current availability. Waitlists may apply.

WOODLAND BLUFF

LIHTC
121 WOODLAND DR, ELKIN, NC, 28621
Income-restricted units
48 of 48
Year placed in service
2017
Bedroom mix
27 2BR · 21 3BR

Estimated total housing cost: $736 rent + $148 utilities = $884/mo

Contact property management for current availability. Waitlists may apply.

ELK COURT APTS

LIHTC
150 LYLES STREET, ELKIN, NC, 28261
Income-restricted units
40 of 40
Year placed in service
1991
Bedroom mix
39 1BR · 1 2BR

Estimated total housing cost: $736 rent + $148 utilities = $884/mo

Contact property management for current availability. Waitlists may apply.

MAPLE RIDGE APTS

LIHTC
900 JOHNSON RIDGE ROAD, ELKIN, NC, 28621
Income-restricted units
38 of 38
Year placed in service
1994
Bedroom mix
37 1BR · 1 2BR

Estimated total housing cost: $736 rent + $148 utilities = $884/mo

Contact property management for current availability. Waitlists may apply.

CHATHAM WOODS

LIHTC
230 HAWTHORNE STREET, ELKIN, NC, 28621
Income-restricted units
30 of 30
Year placed in service
2003
Bedroom mix
18 1BR · 12 2BR

Estimated total housing cost: $736 rent + $148 utilities = $884/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 Elkin, NC

Metro-level
BedroomsLocal FMRNational median
Studio$626n/a
1 bedroom$699n/a
2 bedroom$736$1,502
3 bedroom$957n/a
4 bedroom$1,104n/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 : Surry County, NC

FY2025. Area median income: $75,400.

Household size30% AMI50% AMI80% AMI
1 person$16,050$26,750$42,800
2 people$21,150$30,600$48,900
3 people$26,650$34,400$55,000
4 people$32,150$38,200$61,100
5 people$37,650$41,300$66,000
6 people$43,150$44,350$70,900
7 people$47,400$47,400$75,800
8 people$50,450$50,450$80,700

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