About This Property
Wallace House II offers one 3-bedroom unit in High Point, NC for low-income families. The property was placed in service in 1993 and participates in the 9% Low-Income Housing Tax Credit program. This single-unit property serves families seeking affordable rental housing in Guilford County.
Waitlist Information
Waitlist managed by Housing Authority of the City of High Point
Preferences include living or working locally or being working/employed; applicants are placed on the waiting list by date and time received, after sorting preferences.
Preferences included living, working, or attending school in High Point, veterans, working/employed, displaced by natural disaster, or displaced by government action.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Guilford 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 | $1,011 |
| 1 Bedroom | $1,042 |
| 2 Bedroom | $1,170 |
| 3 Bedroom | $1,493 |
| 4 Bedroom | $1,680 |
Income Limits - Guilford County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,000
- Very Low (50%)
- $23,350
- Low (80%)
- $37,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,700
- Low (80%)
- $42,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,050
- Low (80%)
- $48,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,350
- Low (80%)
- $53,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,050
- Low (80%)
- $57,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,400
- Low (80%)
- $66,200
- Extremely Low (30%)
- $44,050
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,000 | $23,350 | $37,350 |
| 2 Persons | $17,420 | $26,700 | $42,700 |
| 3 Persons | $21,960 | $30,050 | $48,050 |
| 4 Persons | $26,500 | $33,350 | $53,350 |
| 5 Persons | $31,040 | $36,050 | $57,650 |
| 6 Persons | $35,580 | $38,700 | $61,900 |
| 7 Persons | $40,120 | $41,400 | $66,200 |
| 8 Persons | $44,050 | $44,050 | $70,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in High Point, NC?+
The Fair Market Rent (FMR) for Guilford County, NC is: $1011 (Studio), $1042 (1BR), $1170 (2BR), $1493 (3BR), $1680 (4BR). Actual rent at subsidized properties like Wallace House Ii is typically 30% of household income or less.
What size apartments are available at Wallace House Ii?+
Wallace House Ii offers the following unit types: 1 Three-Bedroom units, for a total of 1 units.
What are the income limits for affordable housing in Guilford County, NC?+
For a 4-person household in Guilford County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,350, Low Income (80% AMI): $53,350. These limits are set by HUD and updated annually.
How do I apply for housing at Wallace House Ii?+
Wallace House Ii 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 Wallace House Ii?+
Wallace House Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Wallace House Ii?+
Public Housing waitlist is currently Open. 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 is the price range for apartments in High Point, NC?+
Based on Fair Market Rent for Guilford County, the estimated price range is: 3-bedroom: $1493. Actual rent at Wallace House Ii may be lower for income-eligible households.
Who manages Wallace House Ii?+
Wallace House Ii 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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