About This Property
Forest Park Gardens Phase II contains 40 low-income rental units in Statesville, NC, comprising eight one-bedroom and thirty-two two-bedroom apartments. The property has served families since its placement in service in 1998 and operates with 9% Low-Income Housing Tax Credit financing. Interested parties can contact the property management for additional information regarding availability and lease terms.
Waitlist Information
Waitlist managed by Statesville Housing Authority
Provides rental housing for eligible low-income families, the elderly, and persons with disabilities. This is a 'No Smoking' community inside of units. Must meet all HUD guidelines and regulations, and all SHA's eligibility requirements.
Assists very low-income families, the elderly, and the disabled to afford housing in the private market. Participants can find their own housing. Rental units must meet minimum standards of health & safety. Must meet all HUD guidelines and regulations, and all SHA's eligibility requirements.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Iredell 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 | $1,046 |
| 1 Bedroom | $1,075 |
| 2 Bedroom | $1,207 |
| 3 Bedroom | $1,652 |
| 4 Bedroom | $2,048 |
Income Limits - Iredell County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,650
- Very Low (50%)
- $24,400
- Low (80%)
- $39,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,900
- Low (80%)
- $44,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,400
- Low (80%)
- $50,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,050
- Low (80%)
- $73,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,650 | $24,400 | $39,050 |
| 2 Persons | $17,420 | $27,900 | $44,600 |
| 3 Persons | $21,960 | $31,400 | $50,200 |
| 4 Persons | $26,500 | $34,850 | $55,750 |
| 5 Persons | $31,040 | $37,650 | $60,250 |
| 6 Persons | $35,580 | $40,450 | $64,700 |
| 7 Persons | $40,120 | $43,250 | $69,150 |
| 8 Persons | $44,660 | $46,050 | $73,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Statesville, NC?+
The Fair Market Rent (FMR) for Iredell County, NC is: $1046 (Studio), $1075 (1BR), $1207 (2BR), $1652 (3BR), $2048 (4BR). Actual rent at subsidized properties like Forest Park Gardens Phase Ii is typically 30% of household income or less.
What size apartments are available at Forest Park Gardens Phase Ii?+
Forest Park Gardens Phase Ii offers the following unit types: 8 One-Bedroom, 32 Two-Bedroom units, for a total of 40 units.
Who is eligible to live at Forest Park Gardens Phase Ii?+
Forest Park Gardens Phase 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 Forest Park Gardens Phase Ii?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Forest Park Gardens Phase Ii?+
Forest Park Gardens Phase Ii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Iredell County, NC?+
For a 4-person household in Iredell County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,850, Low Income (80% AMI): $55,750. These limits are set by HUD and updated annually.
What is the price range for apartments in Statesville, NC?+
Based on Fair Market Rent for Iredell County, the estimated price range is: 1-bedroom: $1075, 2-bedroom: $1207. Actual rent at Forest Park Gardens Phase Ii may be lower for income-eligible households.
How do I apply for housing at Forest Park Gardens Phase Ii?+
Forest Park Gardens Phase 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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