About This Property
Franklin Village comprises 83 units in Durham, NC, including 74 low-income units placed in service in 2008 and financed through 9% LIHTC credits. The property offers a mix of 37 two-bedroom, 36 three-bedroom, and 10 four-bedroom units designed to serve families, disabled individuals, and homeless populations.
Waitlist Information
Waitlist managed by The Housing Authority of the City of Durham
Applications are taken at the community of your choice. Eligibility is based on income, family size, disability or elderly status.
Waiting lists open periodically. Your wait time averages 24 months. Applicants are limited to very-low income families, elderly, handicapped or disabled persons and families physically displaced by public housing demolition.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Durham 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 | $1,385 |
| 1 Bedroom | $1,418 |
| 2 Bedroom | $1,631 |
| 3 Bedroom | $2,051 |
| 4 Bedroom | $2,510 |
Income Limits - Durham County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $20,750
- Very Low (50%)
- $34,600
- Low (80%)
- $55,300
- Extremely Low (30%)
- $23,350
- Very Low (50%)
- $38,900
- Low (80%)
- $62,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,200
- Low (80%)
- $69,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,700
- Low (80%)
- $74,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,150
- Low (80%)
- $80,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,600
- Low (80%)
- $85,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,050
- Low (80%)
- $91,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,150 | $30,250 | $48,400 |
| 2 Persons | $20,750 | $34,600 | $55,300 |
| 3 Persons | $23,350 | $38,900 | $62,200 |
| 4 Persons | $26,500 | $43,200 | $69,100 |
| 5 Persons | $31,040 | $46,700 | $74,650 |
| 6 Persons | $35,580 | $50,150 | $80,200 |
| 7 Persons | $40,120 | $53,600 | $85,700 |
| 8 Persons | $44,660 | $57,050 | $91,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Durham, NC?+
The Fair Market Rent (FMR) for Durham County, NC is: $1385 (Studio), $1418 (1BR), $1631 (2BR), $2051 (3BR), $2510 (4BR). Actual rent at subsidized properties like Franklin Village is typically 30% of household income or less.
What size apartments are available at Franklin Village?+
Franklin Village offers the following unit types: 37 Two-Bedroom, 36 Three-Bedroom, 10 Four-Bedroom units, for a total of 83 units.
What is the price range for apartments in Durham, NC?+
Based on Fair Market Rent for Durham County, the estimated price range is: 2-bedroom: $1631, 3-bedroom: $2051. Actual rent at Franklin Village may be lower for income-eligible households.
Is there a waitlist for Franklin Village?+
Public Housing waitlist is currently Open. 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.
Who manages Franklin Village?+
Franklin Village is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Franklin Village?+
Franklin Village primarily serves families, persons with disabilities, formerly homeless individuals. 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 Franklin Village?+
Franklin Village 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 are the income limits for affordable housing in Durham County, NC?+
For a 4-person household in Durham County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,200, Low Income (80% AMI): $69,100. 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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