About This Property
Henson Place comprises 48 low-income rental units in Albemarle, NC, serving families, disabled individuals, and formerly homeless residents. The property includes 36 two-bedroom and 12 three-bedroom units and has been in service since 2008 as a 9% Low-Income Housing Tax Credit property. The community is managed by a professional property management team.
Waitlist Information
Waitlist managed by City of Albemarle Department of Public Housing
Applications are accepted for all bedroom sizes and require proper documentation (Birth Certificate, ID, Social Security Cards); original vital records must be submitted in person. Applicants must pass criminal and other background verifications, and owe no debts to any public housing agency.
The Housing Choice Voucher (Section 8) waiting list is closed with no announced reopening date. The last known opening was from October 17, 2022, to October 18, 2022, with a preference for applicants who live and/or work in Stanly County.
Waitlist data provided by section8waitlist.org
Updated October 18, 2026
Property Details
Fair Market Rent - Stanly 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 | $627 |
| 1 Bedroom | $704 |
| 2 Bedroom | $925 |
| 3 Bedroom | $1,244 |
| 4 Bedroom | $1,552 |
Income Limits - Stanly County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,100
- Very Low (50%)
- $21,800
- Low (80%)
- $34,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,900
- Low (80%)
- $39,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,000
- Low (80%)
- $44,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,100
- Low (80%)
- $49,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,600
- Low (80%)
- $53,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $38,600
- Very Low (50%)
- $38,600
- Low (80%)
- $61,700
- Extremely Low (30%)
- $41,100
- Very Low (50%)
- $41,100
- Low (80%)
- $65,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,100 | $21,800 | $34,850 |
| 2 Persons | $17,420 | $24,900 | $39,800 |
| 3 Persons | $21,960 | $28,000 | $44,800 |
| 4 Persons | $26,500 | $31,100 | $49,750 |
| 5 Persons | $31,040 | $33,600 | $53,750 |
| 6 Persons | $35,580 | $36,100 | $57,750 |
| 7 Persons | $38,600 | $38,600 | $61,700 |
| 8 Persons | $41,100 | $41,100 | $65,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Albemarle, NC?+
The Fair Market Rent (FMR) for Stanly County, NC is: $627 (Studio), $704 (1BR), $925 (2BR), $1244 (3BR), $1552 (4BR). Actual rent at subsidized properties like Henson Place is typically 30% of household income or less.
What size apartments are available at Henson Place?+
Henson Place offers the following unit types: 36 Two-Bedroom, 12 Three-Bedroom units, for a total of 48 units.
Who manages Henson Place?+
Henson Place is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Stanly County, NC?+
For a 4-person household in Stanly County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,100, Low Income (80% AMI): $49,750. These limits are set by HUD and updated annually.
Who is eligible to live at Henson Place?+
Henson Place primarily serves families, 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 Henson Place?+
Henson Place 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 Henson Place?+
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 Albemarle, NC?+
Based on Fair Market Rent for Stanly County, the estimated price range is: 2-bedroom: $925, 3-bedroom: $1244. Actual rent at Henson Place may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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