Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Wedgewood Apartments

725 Dr Martin Luther King Jr Ave Unit 5, Edenton, NC, 27932

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Wedgewood Apartments comprises 50 units in Edenton, NC, with 49 designated as low-income housing. The community, which opened in 2010, offers a mix of one-, two-, and three-bedroom floor plans to serve families, with unit distribution of 3 one-bedroom, 27 two-bedroom, and 20 three-bedroom apartments. The property is financed through 4% Low-Income Housing Tax Credits.

Waitlist Information

Waitlist managed by Economic Improvement Council, Inc.

Section 8 (HCV) Waitlist
Closed
Apply: Online

Applications were taken on a first come first serve basis by date and time. Local residents were given a local preference ahead of non-local residents. Most families can expect a wait time of 6 to 18 months.

Last verified March 5, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
50
1 Bedroom
3
2 Bedroom
27
3 Bedroom
20

HUD Inspection Score

81
Good
Inspected March 2018

HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.

Fair Market Rent - Chowan County, NC

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$787
1 Bedroom$792
2 Bedroom$1,041
3 Bedroom$1,259
4 Bedroom$1,586

Income Limits - Chowan County, NC

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$20,500
Low (80%)
$32,800
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$23,400
Low (80%)
$37,450
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$26,350
Low (80%)
$42,150
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$29,250
Low (80%)
$46,800
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$31,600
Low (80%)
$50,550
6 Persons
Extremely Low (30%)
$33,950
Very Low (50%)
$33,950
Low (80%)
$54,300
7 Persons
Extremely Low (30%)
$36,300
Very Low (50%)
$36,300
Low (80%)
$58,050
8 Persons
Extremely Low (30%)
$38,650
Very Low (50%)
$38,650
Low (80%)
$61,800

Tax Credit Program Details

Year Placed in Service
2010
LIHTC Credit Type
4%
Low-Income Units
49 / 50
Target Population
Families
Funding Programs
TCEPRental Assistance

Frequently Asked Questions

What is the average rent for affordable housing in Edenton, NC?+

The Fair Market Rent (FMR) for Chowan County, NC is: $787 (Studio), $792 (1BR), $1041 (2BR), $1259 (3BR), $1586 (4BR). Actual rent at subsidized properties like Wedgewood Apartments is typically 30% of household income or less.

What size apartments are available at Wedgewood Apartments?+

Wedgewood Apartments offers the following unit types: 3 One-Bedroom, 27 Two-Bedroom, 20 Three-Bedroom units, for a total of 50 units.

Who is eligible to live at Wedgewood Apartments?+

Wedgewood Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

How do I apply for housing at Wedgewood Apartments?+

Wedgewood Apartments 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 is the price range for apartments in Edenton, NC?+

Based on Fair Market Rent for Chowan County, the estimated price range is: 1-bedroom: $792, 2-bedroom: $1041, 3-bedroom: $1259. Actual rent at Wedgewood Apartments may be lower for income-eligible households.

Who manages Wedgewood Apartments?+

Wedgewood Apartments is managed by . You can reach them at . Visit their website for more information.

What are the income limits for affordable housing in Chowan County, NC?+

For a 4-person household in Chowan County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.

What is the HUD inspection score for Wedgewood Apartments?+

Wedgewood Apartments has a HUD inspection score of 81 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.

Is there a waitlist for Wedgewood Apartments?+

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.

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Walk Score

Almost All Errands Require a Car

7
Walk
51
Bike

Nearby Schools

9,10,11,12

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Chowan County, NC

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