About This Property
Bailey Springs Apts offers 28 low-income units in Lincolnton, NC, comprising 18 one-bedroom and 10 two-bedroom apartments. The property has served elderly, disabled, and homeless residents since 2005 through 9% Low-Income Housing Tax Credit funding and HOME program support. The community provides affordable rental housing options for income-qualified households in Lincoln County.
Waitlist Information
Waitlist managed by Lincolnton Housing Authority
Currently accepting applications for families and senior/disabled individuals. Applications are accepted in-person on Tuesdays, from 9:00 am to 11:30 am and 1:30 pm to 4:00 pm. Applicants must bring birth certificates, social security cards, proof of all income, and photo IDs for all adult household members.
The waiting list closed on October 15, 2025. Prior to closing, applications were accepted in-person at 806 E McBee Street, Lincolnton, NC, during business hours (Monday - Friday: 8:30 am - 12:00 and 1:15 pm - 5:00 pm).
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Lincoln 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 | $944 |
| 1 Bedroom | $970 |
| 2 Bedroom | $1,089 |
| 3 Bedroom | $1,436 |
| 4 Bedroom | $1,450 |
Income Limits - Lincoln County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,450
- Very Low (50%)
- $24,050
- Low (80%)
- $38,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,500
- Low (80%)
- $44,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,950
- Low (80%)
- $49,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,100
- Low (80%)
- $59,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,850
- Low (80%)
- $63,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,350
- Low (80%)
- $72,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,450 | $24,050 | $38,500 |
| 2 Persons | $17,420 | $27,500 | $44,000 |
| 3 Persons | $21,960 | $30,950 | $49,500 |
| 4 Persons | $26,500 | $34,350 | $54,950 |
| 5 Persons | $31,040 | $37,100 | $59,350 |
| 6 Persons | $35,580 | $39,850 | $63,750 |
| 7 Persons | $40,120 | $42,600 | $68,150 |
| 8 Persons | $44,660 | $45,350 | $72,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lincolnton, NC?+
The Fair Market Rent (FMR) for Lincoln County, NC is: $944 (Studio), $970 (1BR), $1089 (2BR), $1436 (3BR), $1450 (4BR). Actual rent at subsidized properties like Bailey Springs Apts is typically 30% of household income or less.
What size apartments are available at Bailey Springs Apts?+
Bailey Springs Apts offers the following unit types: 18 One-Bedroom, 10 Two-Bedroom units, for a total of 28 units.
Who manages Bailey Springs Apts?+
Bailey Springs Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Lincoln County, NC?+
For a 4-person household in Lincoln County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,350, Low Income (80% AMI): $54,950. These limits are set by HUD and updated annually.
Is there a waitlist for Bailey Springs Apts?+
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 Lincolnton, NC?+
Based on Fair Market Rent for Lincoln County, the estimated price range is: 1-bedroom: $970, 2-bedroom: $1089. Actual rent at Bailey Springs Apts may be lower for income-eligible households.
Who is eligible to live at Bailey Springs Apts?+
Bailey Springs Apts primarily serves elderly residents, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Bailey Springs Apts?+
Bailey Springs 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.
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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