About This Property
Bermuda Run Apartments comprises 50 units in Warsaw, NC, with 49 designated as low-income housing serving families. The property includes three one-bedroom units, twenty-five two-bedroom units, and twenty-two three-bedroom units. Placed in service in 2010, the community operates through 4% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Duplin 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 | $683 |
| 1 Bedroom | $687 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,092 |
| 4 Bedroom | $1,203 |
Income Limits - Duplin 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Warsaw, NC?+
The Fair Market Rent (FMR) for Duplin County, NC is: $683 (Studio), $687 (1BR), $903 (2BR), $1092 (3BR), $1203 (4BR). Actual rent at subsidized properties like Bermuda Run Apartments is typically 30% of household income or less.
What size apartments are available at Bermuda Run Apartments?+
Bermuda Run Apartments offers the following unit types: 3 One-Bedroom, 25 Two-Bedroom, 22 Three-Bedroom units, for a total of 50 units.
Who is eligible to live at Bermuda Run Apartments?+
Bermuda Run 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 Bermuda Run Apartments?+
Bermuda Run 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 Warsaw, NC?+
Based on Fair Market Rent for Duplin County, the estimated price range is: 1-bedroom: $687, 2-bedroom: $903, 3-bedroom: $1092. Actual rent at Bermuda Run Apartments may be lower for income-eligible households.
Who manages Bermuda Run Apartments?+
Bermuda Run Apartments is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Duplin County, NC?+
For a 4-person household in Duplin 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.
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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