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Affordable apartments in Newland, North Carolina

2 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.

2 lihtc

Buildings

PINE RIDGE APTS

LIHTC
195 JAYNES ROAD, NEWLAND, NC, 28657
Income-restricted units
32 of 32
Year placed in service
1994
Bedroom mix
30 1BR · 2 2BR

Estimated total housing cost: $728 rent + $148 utilities = $876/mo

Contact property management for current availability. Waitlists may apply.

LINVILLE COVE

LIHTC
507 LINVILLE STREET, NEWLAND, NC, 28657
Income-restricted units
32 of 32
Year placed in service
2013
Bedroom mix
20 1BR · 12 2BR

Estimated total housing cost: $728 rent + $148 utilities = $876/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 Newland, NC

Metro-level
BedroomsLocal FMRNational median
Studio$619n/a
1 bedroom$692n/a
2 bedroom$728$1,502
3 bedroom$946n/a
4 bedroom$1,092n/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 : Avery County, NC

FY2025. Area median income: $84,000.

Household size30% AMI50% AMI80% AMI
1 person$17,300$28,800$46,100
2 people$21,150$32,950$52,700
3 people$26,650$37,050$59,300
4 people$32,150$41,150$65,850
5 people$37,650$44,450$71,150
6 people$43,150$47,750$76,400
7 people$48,650$51,050$81,700
8 people$54,150$54,350$86,950

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

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