Rolling Hills Apartments

770 Ferrell Ct, Winston Salem, NC 27101

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2019 by Colleen Carter
Rent Beds Baths SqFt
Call for Rents 1 - 4 Beds 1 Bath -

Waitlist Forecast

Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.

Welcome to Rolling Hills where you can find comfortable and affording housing for your family. Our community is completing a major renovation to both the exterior and apartment homes. There is a mix of one-, two-, three- and four-bedroom apartment homes in six, two-story buildings. Our residents enjoy upgraded amenities including a community room, laundry facility and playground. We are located close to downtown Winston-Salem, dining and shopping. Our professional staff looks forward to providing you with the highest standard of professional property management and are committed to improving the communities where we live and work.

Dave's Thoughts On Rolling Hills 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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Rolling Hills Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Rolling Hills Apartments Amenities

  • Playground
  • Community Room
  • On-Site Parking
  • Central Heat & Air
  • Surveillance Cameras
  • Laundry Facility
  • Picnic Area
  • Energy Efficient Appliances
  • Courtesy Patrol
  • Newly Remodeled Kitchens
  • Newly Remodeled Bathrooms

Units at Rolling Hills Apartments

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Rent is Based On Your Income
2 Bedroom (2/1) - Rent is Based On Your Income
3 Bedroom (3/1) - Rent is Based On Your Income
4 Bedroom (4/1) - Rent is Based On Your Income

Income Qualification for Rolling 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 7 people 8 people
30% AMI for PBRA Units $17,150 / year $19,720 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $28,550 / year $32,600 / year $36,700 / year $40,750 / year $44,050 / year $47,300 / year $50,550 / year $53,800 / year
50% AMI for PBRA Units $28,550 / year $32,600 / year $36,700 / year $40,750 / year $44,050 / year $47,300 / year $50,550 / year $53,800 / year
60% AMI for LIHTC Units $34,260 / year $39,120 / year $44,040 / year $48,900 / year $52,860 / year $56,760 / year $60,660 / year $64,560 / year
80% AMI for PBRA Units $45,650 / year $52,200 / year $58,700 / year $65,200 / year $70,450 / year $75,650 / year $80,850 / year $86,100 / year

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

FAQs for Rolling Hills Apartments

Does Rolling Hills Apartments have a waiting list?

Rolling Hills Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Rolling Hills Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Rolling Hills Apartments?

Rolling Hills Apartments is managed by Monroe Group Ltd. headquartered in Denver, Colorado.

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

In addition to Rolling Hills 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.

Listings Near Rolling Hills Apartments

Whitford Place Apartments

400 Whitford Place Court, Winston Salem, North Carolina 28320

Bethabara Pointe

1800 Bethabara Pointe Cir, Winston Salem, North Carolina 27106

Alder's Point Senior Apartments

590 Mock St, Winston Salem, North Carolina 27127

Aster Park Apartments

1620 Hope Ln, Winston Salem, North Carolina 27105

Salem Crest Apartments

790 Salem Crest Circle, Winston Salem, North Carolina 27103

Willows Peake

1350 Eller Way, Winston Salem, North Carolina 27127

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