About This Property
Madison Place Apartments offers 40 units affordable to low-income households in Rocky Mount, NC, with 26 one-bedroom and 14 two-bedroom floor plans. The community has served elderly residents since its placement in service in 2014 and operates with 9% Low-Income Housing Tax Credit financing. Property management contact information is available upon request.
Waitlist Information
Waitlist managed by Rocky Mount Housing Authority
Rocky Mount Housing Authority will accept 400 applications for 2, 3, and 4-bedroom units only. Special accommodations for individuals with special needs can be requested by contacting the office before the opening date.
The Housing Choice Voucher (Section 8) waiting list is currently closed.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Nash 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 | $825 |
| 1 Bedroom | $830 |
| 2 Bedroom | $1,035 |
| 3 Bedroom | $1,395 |
| 4 Bedroom | $1,579 |
Income Limits - Nash County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,350
- Low (80%)
- $34,200
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,400
- Low (80%)
- $39,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,450
- Low (80%)
- $43,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,500
- Low (80%)
- $48,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,950
- Low (80%)
- $52,750
- Extremely Low (30%)
- $35,400
- Very Low (50%)
- $35,400
- Low (80%)
- $56,650
- Extremely Low (30%)
- $37,850
- Very Low (50%)
- $37,850
- Low (80%)
- $60,550
- Extremely Low (30%)
- $40,300
- Very Low (50%)
- $40,300
- Low (80%)
- $64,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,350 | $34,200 |
| 2 Persons | $17,420 | $24,400 | $39,050 |
| 3 Persons | $21,960 | $27,450 | $43,950 |
| 4 Persons | $26,500 | $30,500 | $48,800 |
| 5 Persons | $31,040 | $32,950 | $52,750 |
| 6 Persons | $35,400 | $35,400 | $56,650 |
| 7 Persons | $37,850 | $37,850 | $60,550 |
| 8 Persons | $40,300 | $40,300 | $64,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rocky Mount, NC?+
The Fair Market Rent (FMR) for Nash County, NC is: $825 (Studio), $830 (1BR), $1035 (2BR), $1395 (3BR), $1579 (4BR). Actual rent at subsidized properties like Madison Place Apartments is typically 30% of household income or less.
What size apartments are available at Madison Place Apartments?+
Madison Place Apartments offers the following unit types: 26 One-Bedroom, 14 Two-Bedroom units, for a total of 40 units.
What is the price range for apartments in Rocky Mount, NC?+
Based on Fair Market Rent for Nash County, the estimated price range is: 1-bedroom: $830, 2-bedroom: $1035. Actual rent at Madison Place Apartments may be lower for income-eligible households.
Is there a waitlist for Madison Place Apartments?+
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.
Who is eligible to live at Madison Place Apartments?+
Madison Place Apartments 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 Madison Place Apartments?+
Madison Place 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.
What are the income limits for affordable housing in Nash County, NC?+
For a 4-person household in Nash County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,500, Low Income (80% AMI): $48,800. These limits are set by HUD and updated annually.
Who manages Madison Place Apartments?+
Madison Place Apartments 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.
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