About This Property
Homewood Apts offers 36 low-income residential units in Smithfield, NC, consisting of 12 one-bedroom and 24 two-bedroom apartments. The property has been in service since 1989 and is financed through 9% Low-Income Housing Tax Credits. Units are available for qualified low-income households.
Waitlist Information
Waitlist managed by Johnston County Housing Assistance Payments Program
The Johnston Co HAPP does not provide housing of any kind.
The Johnston Co HAPP does not provide housing of any kind. They provide a list of local affordable and tax credit properties that may accept vouchers.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
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 Smithfield, 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 Homewood Apts is typically 30% of household income or less.
What size apartments are available at Homewood Apts?+
Homewood Apts offers the following unit types: 12 One-Bedroom, 24 Two-Bedroom units, for a total of 36 units.
What is the price range for apartments in Smithfield, NC?+
Based on Fair Market Rent for Johnston County, the estimated price range is: 1-bedroom: $1466, 2-bedroom: $1646. Actual rent at Homewood Apts may be lower for income-eligible households.
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.
Who manages Homewood Apts?+
Homewood Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Homewood Apts?+
Homewood Apts 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 Homewood Apts?+
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.
Contact Information
Location
Johnston County, NC
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