About This Property
Four Oaks Apartments comprises 28 units in Four Oaks, NC, with 24 low-income units designated for elderly residents. The property, which has been in service since 2010, includes 24 one-bedroom and 4 two-bedroom units and is funded through 4% Low-Income Housing Tax Credits. Management operates the community to serve the housing needs of seniors in Johnston County.
Property Details
Fair Market Rent - Johnston 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 | $1,427 |
| 1 Bedroom | $1,466 |
| 2 Bedroom | $1,646 |
| 3 Bedroom | $2,035 |
| 4 Bedroom | $2,711 |
Income Limits - Johnston County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,100
- Very Low (50%)
- $33,500
- Low (80%)
- $53,600
- Extremely Low (30%)
- $23,000
- Very Low (50%)
- $38,300
- Low (80%)
- $61,250
- Extremely Low (30%)
- $25,850
- Very Low (50%)
- $43,100
- Low (80%)
- $68,900
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $47,850
- Low (80%)
- $76,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $51,700
- Low (80%)
- $82,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $55,550
- Low (80%)
- $88,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $59,350
- Low (80%)
- $94,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $63,200
- Low (80%)
- $101,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,100 | $33,500 | $53,600 |
| 2 Persons | $23,000 | $38,300 | $61,250 |
| 3 Persons | $25,850 | $43,100 | $68,900 |
| 4 Persons | $28,700 | $47,850 | $76,550 |
| 5 Persons | $31,040 | $51,700 | $82,700 |
| 6 Persons | $35,580 | $55,550 | $88,800 |
| 7 Persons | $40,120 | $59,350 | $94,950 |
| 8 Persons | $44,660 | $63,200 | $101,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Four Oaks, NC?+
The Fair Market Rent (FMR) for Johnston County, NC is: $1427 (Studio), $1466 (1BR), $1646 (2BR), $2035 (3BR), $2711 (4BR). Actual rent at subsidized properties like Four Oaks Apartments is typically 30% of household income or less.
What size apartments are available at Four Oaks Apartments?+
Four Oaks Apartments offers the following unit types: 24 One-Bedroom, 4 Two-Bedroom units, for a total of 28 units.
Who manages Four Oaks Apartments?+
Four Oaks Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Four Oaks, NC?+
Based on Fair Market Rent for Johnston County, the estimated price range is: 1-bedroom: $1466, 2-bedroom: $1646. Actual rent at Four Oaks Apartments may be lower for income-eligible households.
How do I apply for housing at Four Oaks Apartments?+
Four Oaks Apartments 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 Four Oaks Apartments?+
Four Oaks Apartments primarily serves elderly residents. 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 Johnston County, NC?+
For a 4-person household in Johnston County, NC, the income limits are: Extremely Low Income (30% AMI): $28,700, Very Low Income (50% AMI): $47,850, Low Income (80% AMI): $76,550. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
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