About This Property
Kings Mill is a 44-unit affordable housing community in Newport, NC that serves elderly residents. The property includes 36 one-bedroom units and 8 two-bedroom units, all designated as low-income housing. Placed in service in 2002, Kings Mill is funded through HOME and financed with 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Coastal Community Action, Inc.
Preferences are given to homeless families, those fleeing domestic violence, elderly (62+) and disabled households, working households (20+ hours/week), and Carteret County residents. Applicants without preferences are ranked by application date/time.
Waitlist data provided by section8waitlist.org
Updated May 29, 2026
Property Details
Fair Market Rent - Carteret 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 | $820 |
| 1 Bedroom | $826 |
| 2 Bedroom | $1,085 |
| 3 Bedroom | $1,454 |
| 4 Bedroom | $1,812 |
Income Limits - Carteret County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,500
- Low (80%)
- $45,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,050
- Low (80%)
- $51,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,600
- Low (80%)
- $56,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,450
- Low (80%)
- $61,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,300
- Low (80%)
- $66,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,150
- Low (80%)
- $70,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,000
- Low (80%)
- $75,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,950 | $39,900 |
| 2 Persons | $17,420 | $28,500 | $45,600 |
| 3 Persons | $21,960 | $32,050 | $51,300 |
| 4 Persons | $26,500 | $35,600 | $56,950 |
| 5 Persons | $31,040 | $38,450 | $61,550 |
| 6 Persons | $35,580 | $41,300 | $66,100 |
| 7 Persons | $40,120 | $44,150 | $70,650 |
| 8 Persons | $44,660 | $47,000 | $75,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Newport, NC?+
The Fair Market Rent (FMR) for Carteret County, NC is: $820 (Studio), $826 (1BR), $1085 (2BR), $1454 (3BR), $1812 (4BR). Actual rent at subsidized properties like Kings Mill is typically 30% of household income or less.
What size apartments are available at Kings Mill?+
Kings Mill offers the following unit types: 36 One-Bedroom, 8 Two-Bedroom units, for a total of 44 units.
Is there a waitlist for Kings Mill?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. 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 Kings Mill?+
Kings Mill 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.
Who manages Kings Mill?+
Kings Mill is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Carteret County, NC?+
For a 4-person household in Carteret County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,600, Low Income (80% AMI): $56,950. These limits are set by HUD and updated annually.
What is the price range for apartments in Newport, NC?+
Based on Fair Market Rent for Carteret County, the estimated price range is: 1-bedroom: $826, 2-bedroom: $1085. Actual rent at Kings Mill may be lower for income-eligible households.
Who is eligible to live at Kings Mill?+
Kings Mill primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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