About This Property
Magnolia Gardens provides 82 low-income units in Charlotte, NC, with a mix of 61 one-bedroom and 21 two-bedroom apartments serving elderly residents. The property utilizes 9% Low-Income Housing Tax Credits and is managed by qualified professionals. This affordable housing community offers housing options for seniors with limited incomes.
Waitlist Information
Waitlist managed by Inlivian
Waitlists for various affordable housing communities, including senior and family sites, opened on January 12, 2026, and are open until further notice. Preferences include veterans, elderly, disabled, working families, or local residents; eligibility is based on income, criminal, credit, and rental history checks.
The tenant-based Housing Choice Voucher (Section 8) waiting list is currently closed to new applicants with over 6,000 households on the list. Eligibility is based on annual gross income, criminal background, eligible immigration status, and previous behavior in assisted housing; a mandatory 20-hour per week work requirement applies to non-elderly/non-disabled households. Existing applicants can update their information via the Applicant Portal or by mail to P.O. Box 36795, Charlotte, NC 28236.
Waitlist data provided by section8waitlist.org
Updated August 18, 2026
Property Details
Fair Market Rent - Mecklenburg 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 | $1,347 |
| 1 Bedroom | $1,384 |
| 2 Bedroom | $1,554 |
| 3 Bedroom | $1,936 |
| 4 Bedroom | $2,481 |
Income Limits - Mecklenburg County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,700
- Very Low (50%)
- $29,500
- Low (80%)
- $47,150
- Extremely Low (30%)
- $20,200
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $22,750
- Very Low (50%)
- $37,900
- Low (80%)
- $60,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,500
- Low (80%)
- $72,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,850
- Low (80%)
- $78,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,250
- Low (80%)
- $83,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,600
- Low (80%)
- $88,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,700 | $29,500 | $47,150 |
| 2 Persons | $20,200 | $33,700 | $53,900 |
| 3 Persons | $22,750 | $37,900 | $60,650 |
| 4 Persons | $26,500 | $42,100 | $67,350 |
| 5 Persons | $31,040 | $45,500 | $72,750 |
| 6 Persons | $35,580 | $48,850 | $78,150 |
| 7 Persons | $40,120 | $52,250 | $83,550 |
| 8 Persons | $44,660 | $55,600 | $88,950 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Charlotte, NC?+
The Fair Market Rent (FMR) for Mecklenburg County, NC is: $1347 (Studio), $1384 (1BR), $1554 (2BR), $1936 (3BR), $2481 (4BR). Actual rent at subsidized properties like Magnolia Gardens is typically 30% of household income or less.
What size apartments are available at Magnolia Gardens?+
Magnolia Gardens offers the following unit types: 61 One-Bedroom, 21 Two-Bedroom units, for a total of 82 units.
What is the price range for apartments in Charlotte, NC?+
Based on Fair Market Rent for Mecklenburg County, the estimated price range is: 1-bedroom: $1384, 2-bedroom: $1554. Actual rent at Magnolia Gardens may be lower for income-eligible households.
Is there a waitlist for Magnolia Gardens?+
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 are the income limits for affordable housing in Mecklenburg County, NC?+
For a 4-person household in Mecklenburg County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,100, Low Income (80% AMI): $67,350. These limits are set by HUD and updated annually.
Who is eligible to live at Magnolia Gardens?+
Magnolia Gardens primarily serves elderly residents. 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 Magnolia Gardens?+
Magnolia Gardens 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 manages Magnolia Gardens?+
Magnolia Gardens is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Magnolia Gardens
Honeywood Triplexes
Charlotte, NC
0 UnitsHoneywood Duplexes
Charlotte, NC
0 UnitsHoneywood Triplexes
Charlotte, NC
0 UnitsStewart Stream Apts
Charlotte, NC
57 UnitsCharlotte Spring
Charlotte, NC
76 UnitsDuplex-Haines St
Charlotte, NC
0 Units