507 Colony Rd, Monroe, NC 28112
Waiting List Forecast: Likely None
Verified for 2024 by David Layfield| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,550 per Month† | 3 Beds | 1 Bath | 900 Sq Ft |
Since this property is probably not participating in an official affordable housing program, it does not have a waiting list.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Naturally Occurring Affordable Housing (NOAH) means that 507 Colony Rd, while not participating in an official government affordability program (such as LIHTC, Public Housing, or Project-Based Vouchers), still has rents comparable to properties that are participating in affordable housing programs. We've made this determination because our research indicates that one or more units at this property have rent significanlty less than average market-rate rents for similar sized units in the area.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 3 bd (3/1) | 900ft2 | $1,550† |
Does 507 Colony Rd have a waiting list?
507 Colony Rd probably doesn't have a waiting list. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at 507 Colony Rd?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
In addition to 507 Colony Rd, how many other affordable housing properties (and units) are there in Monroe?
In addition to 507 Colony Rd, we list 71 other affordable properties in Monroe. Learn about these properties here. Our data research shows that there are a total of 337 affordable units in Monroe.
When was the 507 Colony Rd listing last updated?
507 Colony Rd listing on Affordable Housing Online was last updated on 08/29/2024 by Ric Gresia. Remember, a property's status can change so you should contact the property to confirm.
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