About This Property
Falls Road Terrace Praley Heights is a public housing development in Valdese, NC consisting of 4 units. All units are accessible. The property serves residents of Burke County.
Waitlist Information
Waitlist managed by Valdese Housing Authority
The waiting list is open indefinitely for families and senior/disabled individuals. Initial applications can be started online, followed by an in-person appointment at 1402 Lydia Ave NW, Valdese, NC, the last three weeks of the month, Monday-Thursday, 9:00 am - 3:00 pm. Preferences are given to Elderly Families, including Disabled Persons and Handicapped Persons, over Single Persons on the waiting list; the VHA may admit 50% of non-preference families in any 12-month period. Restrictions apply regarding criminal records, and a smoke-free policy is in effect.
The Housing Choice Voucher waiting list for the Valdese Housing Authority, administered through the Regional Housing Authority, is currently closed.
Waitlist data provided by section8waitlist.org
Updated June 8, 2026
Property Details
Fair Market Rent - Burke 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 | $806 |
| 1 Bedroom | $834 |
| 2 Bedroom | $1,014 |
| 3 Bedroom | $1,314 |
| 4 Bedroom | $1,506 |
Income Limits - Burke County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,150
- Low (80%)
- $33,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,150
- Low (80%)
- $38,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,150
- Low (80%)
- $43,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,150
- Low (80%)
- $48,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,600
- Low (80%)
- $52,150
- Extremely Low (30%)
- $35,000
- Very Low (50%)
- $35,000
- Low (80%)
- $56,000
- Extremely Low (30%)
- $37,400
- Very Low (50%)
- $37,400
- Low (80%)
- $59,850
- Extremely Low (30%)
- $39,800
- Very Low (50%)
- $39,800
- Low (80%)
- $63,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,150 | $33,800 |
| 2 Persons | $17,420 | $24,150 | $38,600 |
| 3 Persons | $21,960 | $27,150 | $43,450 |
| 4 Persons | $26,500 | $30,150 | $48,250 |
| 5 Persons | $31,040 | $32,600 | $52,150 |
| 6 Persons | $35,000 | $35,000 | $56,000 |
| 7 Persons | $37,400 | $37,400 | $59,850 |
| 8 Persons | $39,800 | $39,800 | $63,700 |
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Frequently Asked Questions
What is the average rent for affordable housing in Valdese, NC?+
The Fair Market Rent (FMR) for Burke County, NC is: $806 (Studio), $834 (1BR), $1014 (2BR), $1314 (3BR), $1506 (4BR). Actual rent at subsidized properties like Falls Road Terrace Praley Heights is typically 30% of household income or less.
How many units does Falls Road Terrace Praley Heights have?+
Falls Road Terrace Praley Heights has a total of 4 housing units.
Is there a waitlist for Falls Road Terrace Praley Heights?+
Public Housing waitlist is currently Open. 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 Falls Road Terrace Praley Heights?+
Falls Road Terrace Praley Heights is a Public Housing property. To apply, you can start by calling 8288740098, or visiting their website, or contacting the property management office. You may need to submit an application and be placed on a waitlist. Eligibility is typically based on income, family size, and other factors.
What are the income limits for affordable housing in Burke County, NC?+
For a 4-person household in Burke County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,150, Low Income (80% AMI): $48,250. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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