Affordable Housing In Wilson
Wilson County, North Carolina

70 Low Income Apartment Communities In Wilson

Somerset Court Apartments

1714 Lipscomb Rd E
Wilson, NC
Call For Rent
2-3 BR
HCV Welcome

Beacon Pointe Apartments

1901 Lipscomb Rd
Wilson, NC
$449-793
1-4 BR
Subsidized

Morgans Ridge I & II

3311 Boyette Drive
Wilson, NC
Income Based
2-3 BR
HCV Welcome

Glendale Woods Apartments

401 Pike St SW
Wilson, NC
$380-480
1-2 BR
HCV Welcome

Cottages at Glendale

400 Pike St
Wilson, NC
$380-480
1-2 BR
HCV Welcome

Forest Hills Apartments

2712 Forest Hills Road South West
Wilson, NC
Subsidized

Abbington Crossing of Wilson

1519 Lipscomb Road East
Wilson, NC
HCV Welcome

Varita Court Apartments

205 N Goldsboro Street
Wilson, NC
Call For Rent
1-2 BR
Subsidized

Ravenswood Apartments

3720 Ashbrook Dr
Wilson, NC
HCV Welcome

Wesley Landing Apartments

1720 Lipscomb Road
Wilson, NC
HCV Welcome

Housing Authorities that serve Wilson

Housing Authority Programs
Wilson Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Wilson, North Carolina

There are 70 low income housing apartment communities offering 2,039 affordable apartments for rent in Wilson, North Carolina. Wilson features 1,235 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 804 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Wilson.

Sourced from federal housing data and AffordableHousingOnline.com research.

Wilson, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 70
Total Low Income Apartments 2,039
Total Housing Units with Rental Assistance 1,235
Percentage of Housing Units Occupied By Renters 49.81%
Average Renter Household Size 2.44
Average Household Size 2.45
Median Household Income $38,497 ±$2,002
Median Rent $725 ±$13
Percentage Of Renters Overburdened 49.86% ± 4.47pp
Total Population 49,478

Population and Household Demographics

Wilson is a City in Wilson County, North Carolina with a population of 49,478. There are 19,619 households in the city with an average household size of 2.45 persons. 49.81% of households in Wilson are renters.

Income and Rent Overburden in Wilson

The median gross income for households in Wilson is $38,497 a year, or $3,208 a month. The median rent for the city is $725 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wilson, a household making less than $2,417 a month would be considered overburdened when renting an apartment at or above the median rent. 49.86% of households who rent are overburdened in Wilson.1

Area Median Income In Wilson

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Wilson, the AMI is calculated from all households within Wilson County.

In Wilson, HUD calculates the Area Median Income for a family of four as $56,700

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Wilson

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Wilson HUD Rental Assistance in Wilson

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $32,900 $35,200 $37,450
50% of Median $19,850 $22,700 $25,550 $28,350 $30,650 $32,900 $35,200 $37,450
80% of Median $31,750 $36,300 $40,850 $45,350 $49,000 $52,650 $56,250 $59,900
Low Income Housing Tax Credits in Wilson

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2011, 91 low income apartment communities containing 1,023 rental apartments have been constructed and made affordable to low income persons in Wilson by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Wilson

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $19,850 $22,700 $25,550 $28,350 $30,650 $32,900 $35,200 $37,450
60% of Median $23,820 $27,240 $30,660 $34,020 $36,780 $39,480 $42,240 $44,940

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Wilson is $30,660 a year, or $2,555 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,555 by 30% to get a maximum rent of $767 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $496 $532 $639 $738 $823 $908
60% $596 $638 $767 $885 $987 $1,090
Fair Market Rents in Wilson

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$638 $657 $748 $980 $1,013