About This Property
Village East Apts comprises 88 low-income rental units in Kernersville, NC, with a unit mix of 24 one-bedroom and 64 two-bedroom apartments. The property has been in service since 1989 and receives 9% Low-Income Housing Tax Credit financing. Prospective tenants and investors can inquire directly with the property management for current availability and rental terms.
Waitlist Information
Waitlist managed by Piedmont Triad Regional Council
The waitlists for Rental Assistance (Section 8/HCV) are currently closed. Preferences for selection are given to those who are elderly, disabled, veterans, homeless, or have dependent children.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Forsyth 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 | $897 |
| 1 Bedroom | $936 |
| 2 Bedroom | $1,110 |
| 3 Bedroom | $1,452 |
| 4 Bedroom | $1,671 |
Income Limits - Forsyth County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,500
- Very Low (50%)
- $24,150
- Low (80%)
- $38,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,600
- Low (80%)
- $44,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,050
- Low (80%)
- $49,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,450
- Low (80%)
- $55,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,750
- Low (80%)
- $68,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,500
- Low (80%)
- $72,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,500 | $24,150 | $38,600 |
| 2 Persons | $17,420 | $27,600 | $44,100 |
| 3 Persons | $21,960 | $31,050 | $49,600 |
| 4 Persons | $26,500 | $34,450 | $55,100 |
| 5 Persons | $31,040 | $37,250 | $59,550 |
| 6 Persons | $35,580 | $40,000 | $63,950 |
| 7 Persons | $40,120 | $42,750 | $68,350 |
| 8 Persons | $44,660 | $45,500 | $72,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kernersville, NC?+
The Fair Market Rent (FMR) for Forsyth County, NC is: $897 (Studio), $936 (1BR), $1110 (2BR), $1452 (3BR), $1671 (4BR). Actual rent at subsidized properties like Village East Apts is typically 30% of household income or less.
What size apartments are available at Village East Apts?+
Village East Apts offers the following unit types: 24 One-Bedroom, 64 Two-Bedroom units, for a total of 88 units.
Is there a waitlist for Village East Apts?+
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.
Who manages Village East Apts?+
Village East Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Kernersville, NC?+
Based on Fair Market Rent for Forsyth County, the estimated price range is: 1-bedroom: $936, 2-bedroom: $1110. Actual rent at Village East Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Forsyth County, NC?+
For a 4-person household in Forsyth County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,450, Low Income (80% AMI): $55,100. These limits are set by HUD and updated annually.
How do I apply for housing at Village East Apts?+
Village East 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.
Contact Information
Location
Forsyth County, NC
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