About This Property
Stokesburg Meadows offers 32 low-income residential units in Walnut Cove, NC, consisting of eight 1-bedroom, sixteen 2-bedroom, and eight 3-bedroom apartments. The property has served families since 2004 and operates with 9% Low-Income Housing Tax Credit financing. Units accommodate various household sizes and compositions for eligible low-income residents.
Property Details
Fair Market Rent - Stokes 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 | $897 |
| 1 Bedroom | $936 |
| 2 Bedroom | $1,110 |
| 3 Bedroom | $1,452 |
| 4 Bedroom | $1,671 |
Income Limits - Stokes County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,500
- Very Low (50%)
- $24,150
- Low (80%)
- $38,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,600
- Low (80%)
- $44,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,050
- Low (80%)
- $49,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,450
- Low (80%)
- $55,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,750
- Low (80%)
- $68,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,500
- Low (80%)
- $72,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,500 | $24,150 | $38,600 |
| 2 Persons | $17,420 | $27,600 | $44,100 |
| 3 Persons | $21,960 | $31,050 | $49,600 |
| 4 Persons | $26,500 | $34,450 | $55,100 |
| 5 Persons | $31,040 | $37,250 | $59,550 |
| 6 Persons | $35,580 | $40,000 | $63,950 |
| 7 Persons | $40,120 | $42,750 | $68,350 |
| 8 Persons | $44,660 | $45,500 | $72,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Walnut Cove, NC?+
The Fair Market Rent (FMR) for Stokes County, NC is: $897 (Studio), $936 (1BR), $1110 (2BR), $1452 (3BR), $1671 (4BR). Actual rent at subsidized properties like Stokesburg Meadows is typically 30% of household income or less.
What size apartments are available at Stokesburg Meadows?+
Stokesburg Meadows offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom, 8 Three-Bedroom units, for a total of 32 units.
What is the price range for apartments in Walnut Cove, NC?+
Based on Fair Market Rent for Stokes County, the estimated price range is: 1-bedroom: $936, 2-bedroom: $1110, 3-bedroom: $1452. Actual rent at Stokesburg Meadows may be lower for income-eligible households.
Who manages Stokesburg Meadows?+
Stokesburg Meadows is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Stokesburg Meadows?+
Stokesburg Meadows 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 Stokesburg Meadows?+
Stokesburg Meadows primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Stokes County, NC?+
For a 4-person household in Stokes County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,450, Low Income (80% AMI): $55,100. These limits are set by HUD and updated annually.
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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