About This Property
This 3-bedroom unit at 5421 Talserwood Dr in Raleigh serves as a low-income housing option and has been in service since 1997. The property operates under 9% Low-Income Housing Tax Credit (LIHTC) financing. Interested parties can inquire about availability and lease terms through the property management office.
Waitlist Information
Waitlist managed by Housing Authority of the City of Raleigh
Pre-applications were selected based on time and date of submission plus applicable preferences; only one pre-application per household was permitted. Preferences included Wake County residency/employment, mobility-impairment for accessible units, working families (35+ hours/week for 24+ months), elderly (62+), and disabled individuals.
Eligibility is based on total annual gross income and family size, limited to US citizens and specified categories of non-citizens with eligible immigration status, generally not exceeding 50% of the median income; RHA implements preferences. Families typically pay between 30% and 40% of their adjusted annual income towards housing.
Waitlist data provided by section8waitlist.org
Updated June 23, 2026
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 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Raleigh, 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 5421 Talserwood Dr is typically 30% of household income or less.
What size apartments are available at 5421 Talserwood Dr?+
5421 Talserwood Dr offers the following unit types: 1 Three-Bedroom units, for a total of 1 units.
How do I apply for housing at 5421 Talserwood Dr?+
5421 Talserwood Dr 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 5421 Talserwood Dr?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. 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 Raleigh, NC?+
Based on Fair Market Rent for Wake County, the estimated price range is: 3-bedroom: $2035. Actual rent at 5421 Talserwood Dr may be lower for income-eligible households.
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.
Who manages 5421 Talserwood Dr?+
5421 Talserwood Dr is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near 5421 Talserwood Dr
5423 Talserwood Dr
Raleigh, NC
1 Units5416 Talserwood Dr
Raleigh, NC
1 Units5418 Talserwood Dr
Raleigh, NC
1 Units5422 Talserwood Dr
Raleigh, NC
1 UnitsPwe 5418 Talserwood Drive
Raleigh, NC
1 Units5412 Talserwood Drive
Raleigh, NC
1 Units