Chestnut Hills Apartments

111 Milchest Place, Raleigh, NC 27606

Waiting List Forecast: Likely Short or None

check_circleVerified for 2018 by Colleen Carter, Juliana S Layfield, Joshua Cappell

Rent	Beds	Baths	SqFt
$655 - 725 per Month^†	2 - 3 Beds	1 - 2 Baths	-

Call (919) 852-0110 Email

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

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.

Chestnut Hills is located in Raleigh, North Carolina and offers 2 & 3 bedroom apartments. A $30 application fee per adult applicant is required. One month's rent is required for security deposit.

Dave's Thoughts On Chestnut Hills Apartments

Because Chestnut Hills Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.

~ Dave Layfield, Founder of Affordable Housing Online

Chestnut Hills Apartments Amenities

Dishwasher
Garbage Disposal
Carpet
Mini Blinds & Curtain Rods
Electric Range
Full-Size Washer & Dryer Connections
Frost-Free Refrigerator
Energy Efficient Appliances

Units at Chestnut Hills Apartments

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	-	$655^†
3 Bedroom (3/2)	-	$725^†

Income Qualification for Chestnut Hills Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people
50% AMI for LIHTC Units	$39,700 / year	$45,350 / year	$51,000 / year	$56,650 / year	$61,200 / year	$65,750 / year
50% AMI for PBRA Units	$39,700 / year	$45,350 / year	$51,000 / year	$56,650 / year	$61,200 / year	$65,750 / year
60% AMI for LIHTC Units	$47,640 / year	$54,420 / year	$61,200 / year	$67,980 / year	$73,440 / year	$78,900 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Chestnut Hills Apartments

Does Chestnut Hills Apartments have a waiting list?

Chestnut Hills Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Chestnut Hills Apartments?

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.

What property management company manges Chestnut Hills Apartments?

Chestnut Hills Apartments is managed by United Property Management headquartered in Raleigh, NC.

In addition to Chestnut Hills Apartments, how many other affordable housing properties (and units) are there in Raleigh?

In addition to Chestnut Hills Apartments, we list 401 other affordable properties in Raleigh. Learn about these properties here. Our data research shows that there are a total of 8749 affordable units in Raleigh.