Builders Patch | HousingCount Buncombe County affordable housing data.
Buncombe County
Summary
36.0%
share of renter households
42.3%
share of low-income households
48.7%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
37,236 |
| Homeowner households |
66,339 |
| Total households |
103,575 |
Low-income renter households
| Households |
% share |
| Extremely low-income (≤30% AMI) |
5,133 |
| Very low-income (31-50% AMI) |
3,520 |
| Low-income (51-80% AMI) |
7,113 |
| All low-income households (<80% AMI) |
15,766 |
Rent-burdened households
| Households |
% share |
| Moderately rent-burdened |
10,644 |
| 30.0–34.9% |
3,928 |
| 35.0–39.9% |
2,910 |
| 40.0-49.9% |
3,806 |
| Severely rent-burdened |
7,486 |
| All rent-burdened households |
18,130 |
Affordable housing shortage
Rent vs median household income
| Year |
Median household income ($) |
Median rent ($) |
Increase (2010–2021) |
| 2010 |
29,129 |
431 |
|
| 2021 |
39,607 |
970 |
36.0% |
Affordable housing stock
| Supply (current stock) |
Demand (total units needed) |
Shortage |
Supply/Demand Ratio |
| 1,677 |
8,567 |
7,381 |
19.6% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Zipcode |
Market Rate |
Low-income |
Amount |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
N/A |
N/A |
60% AMI |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
2007 |
N/A |
N/A |
60% AMI |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
2012 |
N/A |
N/A |
60% AMI |
$504,385 |
| HUNTINGTON RESERVE |
NA |
2006 |
N/A |
N/A |
60% AMI |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
N/A |
N/A |
60% AMI |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
2008 |
N/A |
N/A |
60% AMI |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
N/A |
N/A |
60% AMI |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
2013 |
N/A |
N/A |
60% AMI |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
New construction |
2009 |
N/A |
N/A |
60% AMI |
$1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
2016 |
N/A |
N/A |
60% AMI |
$435,816 |