About This Property
Sterling Trace contains 80 low-income residential units in Salisbury, NC, consisting of 56 two-bedroom and 24 three-bedroom apartments designed to serve families. The property was placed in service in 2014 and operates under 9% Low-Income Housing Tax Credit financing. The community is managed by on-site staff available for resident inquiries and lease matters.
Waitlist Information
Waitlist managed by Rowan County Housing Authority
The RCHA offers three Public Housing communities with 192 units for families and senior/disabled individuals. Applicants must pick up applications during normal office hours and hand deliver completed applications on Tuesdays only, between 8:30 am - 11:00 am and 2:00 pm - 4:00 pm. No preferences were noted. If an applicant declines two invitations, their application will be purged from the waitlist.
The Rowan County Housing Authority manages 550 Section 8 Vouchers.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Rowan 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 | $925 |
| 1 Bedroom | $931 |
| 2 Bedroom | $1,121 |
| 3 Bedroom | $1,483 |
| 4 Bedroom | $1,702 |
Income Limits - Rowan County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,100
- Very Low (50%)
- $21,850
- Low (80%)
- $34,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,050
- Low (80%)
- $44,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,150
- Low (80%)
- $49,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,650
- Low (80%)
- $53,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,150
- Low (80%)
- $57,850
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,850
- Extremely Low (30%)
- $41,150
- Very Low (50%)
- $41,150
- Low (80%)
- $65,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,100 | $21,850 | $34,900 |
| 2 Persons | $17,420 | $24,950 | $39,900 |
| 3 Persons | $21,960 | $28,050 | $44,900 |
| 4 Persons | $26,500 | $31,150 | $49,850 |
| 5 Persons | $31,040 | $33,650 | $53,850 |
| 6 Persons | $35,580 | $36,150 | $57,850 |
| 7 Persons | $38,650 | $38,650 | $61,850 |
| 8 Persons | $41,150 | $41,150 | $65,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Salisbury, NC?+
The Fair Market Rent (FMR) for Rowan County, NC is: $925 (Studio), $931 (1BR), $1121 (2BR), $1483 (3BR), $1702 (4BR). Actual rent at subsidized properties like Sterling Trace is typically 30% of household income or less.
What size apartments are available at Sterling Trace?+
Sterling Trace offers the following unit types: 56 Two-Bedroom, 24 Three-Bedroom units, for a total of 80 units.
Who manages Sterling Trace?+
Sterling Trace is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Rowan County, NC?+
For a 4-person household in Rowan County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,150, Low Income (80% AMI): $49,850. These limits are set by HUD and updated annually.
What is the price range for apartments in Salisbury, NC?+
Based on Fair Market Rent for Rowan County, the estimated price range is: 2-bedroom: $1121, 3-bedroom: $1483. Actual rent at Sterling Trace may be lower for income-eligible households.
Is there a waitlist for Sterling Trace?+
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.
How do I apply for housing at Sterling Trace?+
Sterling Trace 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 Sterling Trace?+
Sterling Trace primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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