About This Property
Olde North Village comprises 48 low-income residential units in Winston Salem, North Carolina, serving families with a mix of 24 two-bedroom and 24 three-bedroom apartments. The property has been in service since 1996 and operates under professional management.
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 Olde North Village is typically 30% of household income or less.
What size apartments are available at Olde North Village?+
Olde North Village offers the following unit types: 24 Two-Bedroom, 24 Three-Bedroom units, for a total of 48 units.
What is the price range for apartments in Winston Salem, NC?+
Based on Fair Market Rent for Forsyth County, the estimated price range is: 2-bedroom: $1110, 3-bedroom: $1452. Actual rent at Olde North Village may be lower for income-eligible households.
How do I apply for housing at Olde North Village?+
Olde North 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 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.
Is there a waitlist for Olde North Village?+
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.
Who is eligible to live at Olde North Village?+
Olde North Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Olde North Village?+
Olde North Village is managed by . You can reach them at . Visit their website for more information.
Contact Information
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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