Wynwood Place

713 Vardaman St, Raleigh, NC 27610

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia

Rent	Beds	Baths	SqFt
$850 per Month^†	2 Beds	1 Bath	824 Sq Ft

Call (919) 821-2806

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.

Be the first to call the new Wynwood Place Apartments home and experience all the conveniences Raleigh has to offer. Wynwood Place is located less than a mile from I-440 providing easy access to the entire Triangle Area while being nicely tucked away inside the beltline within easy walking/biking distance of downtown.

Your newly-renovated two-bedroom, one-bath apartment homes at Wynwood Place provided upgraded, contemporary features such as:

Handscraped Hardwood Laminate Flooring
New Kitchens with Granite Countertops
Built-in Microwaves
Stainless Steel Appliances
Brushed Nickel Fixtures

Dave's Thoughts On Wynwood Place

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Wynwood Place does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Wynwood Place Amenities

Ceiling Fan(s)
Dishwasher
Microwave
Washer and Dryer Hookup
Cable Ready
Refrigerator
Off Street Parking
Central Heat & Air

Units at Wynwood Place

Unit (Bd/Ba)	Ft²	Rent
Two Bedrooms (2/1)	824ft²	$850^†

Income Qualification for Wynwood Place

*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
50% AMI for LIHTC Units	$39,700 / year	$45,350 / year	$51,000 / year	$56,650 / year
50% AMI for PBRA Units	$39,700 / year	$45,350 / year	$51,000 / year	$56,650 / year
60% AMI for LIHTC Units	$47,640 / year	$54,420 / year	$61,200 / year	$67,980 / year

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

FAQs for Wynwood Place

Does Wynwood Place have a waiting list?

Wynwood Place 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 Wynwood Place?

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 Wynwood Place, how many other affordable housing properties (and units) are there in Raleigh?

In addition to Wynwood Place, 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.