About This Property
Willows Peake offers 116 low-income units in Winston Salem, NC, with a mix of one- to four-bedroom floor plans serving families, disabled individuals, and formerly homeless residents. The property has been in service since 2007 and is funded through 9% Low-Income Housing Tax Credits. The unit distribution includes 16 one-bedroom, 60 two-bedroom, 32 three-bedroom, and 8 four-bedroom apartments.
Waitlist Information
Waitlist managed by Housing Authority of the City of Winston-Salem
The waiting list applies to specific communities including Camden Station, The Oaks at Tenth, Stoney Glen, Townview, and Cleveland Avenue Homes apartments. Applicants must meet income eligibility, occupancy standards, and HUD requirements.
Eligible applicants included low-income, elderly, or disabled residents. Preferences were given to families previously terminated from the HCV program due to insufficient funding and those displaced from Public Housing.
Waitlist data provided by section8waitlist.org
Updated April 17, 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 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 Willows Peake is typically 30% of household income or less.
What size apartments are available at Willows Peake?+
Willows Peake offers the following unit types: 16 One-Bedroom, 60 Two-Bedroom, 32 Three-Bedroom, 8 Four-Bedroom units, for a total of 116 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: 1-bedroom: $936, 2-bedroom: $1110, 3-bedroom: $1452. Actual rent at Willows Peake may be lower for income-eligible households.
Who manages Willows Peake?+
Willows Peake is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Willows Peake?+
Willows Peake 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.
Is there a waitlist for Willows Peake?+
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 Willows Peake?+
Willows Peake 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.
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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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