About This Property
Laurel Crossing offers 60 low-income units in Knightdale, NC, comprising 12 one-bedroom, 36 two-bedroom, and 12 three-bedroom apartments. The property has served families since 2013 and is financed through 9% Low-Income Housing Tax Credits. Units are available for households meeting income eligibility requirements.
Property Details
Fair Market Rent - Wake 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 | $1,427 |
| 1 Bedroom | $1,466 |
| 2 Bedroom | $1,646 |
| 3 Bedroom | $2,035 |
| 4 Bedroom | $2,711 |
Income Limits - Wake County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,100
- Very Low (50%)
- $33,500
- Low (80%)
- $53,600
- Extremely Low (30%)
- $23,000
- Very Low (50%)
- $38,300
- Low (80%)
- $61,250
- Extremely Low (30%)
- $25,850
- Very Low (50%)
- $43,100
- Low (80%)
- $68,900
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $47,850
- Low (80%)
- $76,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $51,700
- Low (80%)
- $82,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $55,550
- Low (80%)
- $88,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $59,350
- Low (80%)
- $94,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $63,200
- Low (80%)
- $101,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,100 | $33,500 | $53,600 |
| 2 Persons | $23,000 | $38,300 | $61,250 |
| 3 Persons | $25,850 | $43,100 | $68,900 |
| 4 Persons | $28,700 | $47,850 | $76,550 |
| 5 Persons | $31,040 | $51,700 | $82,700 |
| 6 Persons | $35,580 | $55,550 | $88,800 |
| 7 Persons | $40,120 | $59,350 | $94,950 |
| 8 Persons | $44,660 | $63,200 | $101,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Knightdale, NC?+
The Fair Market Rent (FMR) for Wake County, NC is: $1427 (Studio), $1466 (1BR), $1646 (2BR), $2035 (3BR), $2711 (4BR). Actual rent at subsidized properties like Laurel Crossing is typically 30% of household income or less.
What size apartments are available at Laurel Crossing?+
Laurel Crossing offers the following unit types: 12 One-Bedroom, 36 Two-Bedroom, 12 Three-Bedroom units, for a total of 60 units.
What are the income limits for affordable housing in Wake County, NC?+
For a 4-person household in Wake County, NC, the income limits are: Extremely Low Income (30% AMI): $28,700, Very Low Income (50% AMI): $47,850, Low Income (80% AMI): $76,550. These limits are set by HUD and updated annually.
How do I apply for housing at Laurel Crossing?+
Laurel Crossing 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 Laurel Crossing?+
Laurel Crossing primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Laurel Crossing?+
Laurel Crossing is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Knightdale, NC?+
Based on Fair Market Rent for Wake County, the estimated price range is: 1-bedroom: $1466, 2-bedroom: $1646, 3-bedroom: $2035. Actual rent at Laurel Crossing may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Laurel Crossing
Westgate Village Apts
Knightdale, NC
36 UnitsRiver Knoll 5601 Bringle Court
Raleigh, NC
1 UnitsPark Place Apts Phase Ii
Knightdale, NC
50 UnitsRiver Knoll
Raleigh, NC
1 UnitsPark Place Apts, Phase I
Knightdale, NC
50 UnitsRiver Knoll 5603 Bringle Court
Raleigh, NC
1 Units