Somerset Place Apartments

141 Somerset Church Rd., Roxboro, NC 27573

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey

Rent	Beds	Baths	SqFt
$374 - 835 per Month^†	1 - 3 Beds	1 - 2 Baths	704 - 1,184 Sq Ft

This property is currently under construction.

Somerset Place Apartments are an upcoming affordable community that will offer one, two, and three bedroom units. The property is still under construction.

Dave's Thoughts On Somerset Place Apartments

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 Somerset Place Apartments 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

Somerset Place Apartments Amenities

Tot Lot
Playground
Computer Lab
Community Room
Laundry Room
Gazebo
Picnic Area

Units at Somerset Place Apartments

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	704ft²	$374^†
Two Bedroom (2/2)	993ft²	$450 $722^†
Three Bedroom (3/2)	1184ft²	$646 $835^†

Income Qualification for Somerset Place 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	$26,250 / year	$30,000 / year	$33,750 / year	$37,500 / year	$40,500 / year	$43,500 / year
50% AMI for PBRA Units	$26,250 / year	$30,000 / year	$33,750 / year	$37,500 / year	$40,500 / year	$43,500 / year
60% AMI for LIHTC Units	$31,500 / year	$36,000 / year	$40,500 / year	$45,000 / year	$48,600 / year	$52,200 / year

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

FAQs for Somerset Place Apartments

Does Somerset Place Apartments have a waiting list?

Somerset Place 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 Somerset Place 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 Somerset Place Apartments?

Somerset Place Apartments is managed by United Property Management headquartered in Raleigh, NC.

In addition to Somerset Place Apartments, how many other affordable housing properties (and units) are there in Roxboro?

In addition to Somerset Place Apartments, we list 20 other affordable properties in Roxboro. Learn about these properties here. Our data research shows that there are a total of 773 affordable units in Roxboro.

When was the Somerset Place Apartments listing last updated?

Somerset Place Apartments listing on Affordable Housing Online was last updated on 04/13/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Somerset Place Apartments