About This Property
Grimes School Apts comprises 48 low-income rental units in Lexington, NC, featuring 5 studio and 43 one-bedroom apartments. The property has been in service since 1989 and receives 4% Low-Income Housing Tax Credit financing. These units serve households meeting Davidson County income requirements for affordable housing.
Waitlist Information
Waitlist managed by Lexington Housing Authority
The wait list is open for ONE (1) bedroom units at the Ballard and Connie Griffith Apartments for elderly persons (62 years of age or older) households.
The LHA Section 8 waiting list is currently closed. Tenants may view rental listings at GoSection8. The LHA's HCV waiting list is currently closed.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Davidson 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 | $768 |
| 1 Bedroom | $773 |
| 2 Bedroom | $954 |
| 3 Bedroom | $1,264 |
| 4 Bedroom | $1,557 |
Income Limits - Davidson County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lexington, NC?+
The Fair Market Rent (FMR) for Davidson County, NC is: $768 (Studio), $773 (1BR), $954 (2BR), $1264 (3BR), $1557 (4BR). Actual rent at subsidized properties like Grimes School Apts is typically 30% of household income or less.
What size apartments are available at Grimes School Apts?+
Grimes School Apts offers the following unit types: 5 Studio, 43 One-Bedroom units, for a total of 48 units.
How do I apply for housing at Grimes School Apts?+
Grimes School 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 is the price range for apartments in Lexington, NC?+
Based on Fair Market Rent for Davidson County, the estimated price range is: 1-bedroom: $773. Actual rent at Grimes School Apts may be lower for income-eligible households.
Who manages Grimes School Apts?+
Grimes School Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Davidson County, NC?+
For a 4-person household in Davidson 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.
Is there a waitlist for Grimes School Apts?+
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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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