About This Property
Waterford Place Apts comprises 38 low-income units in Washington, NC, serving elderly residents. The community includes 37 one-bedroom and one two-bedroom unit, with all units designated for households at or below 60% of area median income. The property has been in service since 1993 and is funded through 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Washington Housing Authority
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Beaufort County, NC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $668 |
| 1 Bedroom | $672 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,166 |
| 4 Bedroom | $1,453 |
Income Limits - Beaufort County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,100
- Low (80%)
- $33,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,100
- Low (80%)
- $38,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,100
- Low (80%)
- $43,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,550
- Low (80%)
- $52,050
- Extremely Low (30%)
- $34,950
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $37,350
- Very Low (50%)
- $37,350
- Low (80%)
- $59,750
- Extremely Low (30%)
- $39,750
- Very Low (50%)
- $39,750
- Low (80%)
- $63,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,100 | $33,750 |
| 2 Persons | $17,420 | $24,100 | $38,550 |
| 3 Persons | $21,960 | $27,100 | $43,350 |
| 4 Persons | $26,500 | $30,100 | $48,150 |
| 5 Persons | $31,040 | $32,550 | $52,050 |
| 6 Persons | $34,950 | $34,950 | $55,900 |
| 7 Persons | $37,350 | $37,350 | $59,750 |
| 8 Persons | $39,750 | $39,750 | $63,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Washington, NC?+
The Fair Market Rent (FMR) for Beaufort County, NC is: $668 (Studio), $672 (1BR), $856 (2BR), $1166 (3BR), $1453 (4BR). Actual rent at subsidized properties like Waterford Place Apts is typically 30% of household income or less.
What size apartments are available at Waterford Place Apts?+
Waterford Place Apts offers the following unit types: 37 One-Bedroom, 1 Two-Bedroom units, for a total of 38 units.
Who is eligible to live at Waterford Place Apts?+
Waterford Place Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Waterford Place Apts?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Waterford Place Apts?+
Waterford Place Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Beaufort County, NC?+
For a 4-person household in Beaufort County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,100, Low Income (80% AMI): $48,150. These limits are set by HUD and updated annually.
What is the price range for apartments in Washington, NC?+
Based on Fair Market Rent for Beaufort County, the estimated price range is: 1-bedroom: $672, 2-bedroom: $856. Actual rent at Waterford Place Apts may be lower for income-eligible households.
Who manages Waterford Place Apts?+
Waterford Place Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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