Aspen Pointe Apartments

5200 Arrowwood Cir., Winston Salem, NC 27101

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Connor Bailey, Joshua Cappell
RentBedsBathsSqFt
Call for Rents1 - 2 Beds1 Bath693 - 762 Sq Ft
check_circle  Pets Allowed
check_circle  Affordable

This property is currently under construction.

Aspen Pointe Apartments have one and two bedroom units available for rent. These charming apartments are close to downtown but set away privately from the road, tucked back among the trees in a quiet community. Centrally located in Sanford, they have everything you need to be happy as you explore central North Carolina. Many upgrades, like new windows, will help you enjoy this lovely  location, complete with a private entrance and beautifully maintained exteriors and grounds.

There is laundry on site and we strive always to be a pet-friendly company for your cat or dog. They are welcome at Aspen Pointe!

Dave's Thoughts On Aspen Pointe 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 Aspen Pointe 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Aspen Pointe Apartments Amenities

  • Private Entrance
  • Landscaping
  • On-Site Maintenance
  • Washer and Dryer Included
  • On-Site Laundry

Units at Aspen Pointe Apartments

Unit (Bd/Ba)Ft2Rent
One Bedroom (1/1)693ft2Call for Price
Two Bedroom (2/1)762ft2Call for Price

Income Qualification for Aspen Pointe Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI*1 person2 people3 people4 people
50% AMI for LIHTC Units$28,550 / year$32,600 / year$36,700 / year$40,750 / year
50% AMI for PBRA Units$28,550 / year$32,600 / year$36,700 / year$40,750 / year
60% AMI for LIHTC Units$34,260 / year$39,120 / year$44,040 / year$48,900 / year

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

FAQs for Aspen Pointe Apartments

Does Aspen Pointe Apartments have a waiting list?

Aspen Pointe 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 Aspen Pointe 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 Aspen Pointe Apartments?

Aspen Pointe Apartments is managed by Keystone Management headquartered in Concord, NH.

In addition to Aspen Pointe Apartments, how many other affordable housing properties (and units) are there in Winston Salem?

In addition to Aspen Pointe Apartments, we list 75 other affordable properties in Winston Salem. Learn about these properties here. Our data research shows that there are a total of 5222 affordable units in Winston Salem.

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Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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