About This Property
Azalea Terrace, formerly known as Kimberly Park, offers 100 one-bedroom units designated for low-income elderly residents in Winston Salem, North Carolina. The property has been in service since 2001 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. This Forsyth County community serves seniors seeking affordable rental housing.
Waitlist Information
Waitlist managed by Housing Authority of the City of Winston-Salem
The waiting list for specific communities including Camden Station, The Oaks at Tenth, Stoney Glen, Townview, and Cleveland Avenue Homes is closed.
Preferences included families previously terminated from the HCV program due to insufficient funding and those displaced from Public Housing due to PHA redevelopment.
Waitlist data provided by section8waitlist.org
Updated May 8, 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Winston Salem, 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 Azalea Terrace Fka Kimberly Park is typically 30% of household income or less.
What size apartments are available at Azalea Terrace Fka Kimberly Park?+
Azalea Terrace Fka Kimberly Park offers the following unit types: 100 One-Bedroom units, for a total of 100 units.
How do I apply for housing at Azalea Terrace Fka Kimberly Park?+
Azalea Terrace Fka Kimberly Park 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.
Who is eligible to live at Azalea Terrace Fka Kimberly Park?+
Azalea Terrace Fka Kimberly Park primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Winston Salem, NC?+
Based on Fair Market Rent for Forsyth County, the estimated price range is: 1-bedroom: $936. Actual rent at Azalea Terrace Fka Kimberly Park may be lower for income-eligible households.
Is there a waitlist for Azalea Terrace Fka Kimberly Park?+
Public Housing waitlist is currently Closed. 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.
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.
Who manages Azalea Terrace Fka Kimberly Park?+
Azalea Terrace Fka Kimberly Park is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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