About This Property
Sir Walter Apartments comprises 161 units serving elderly residents in Raleigh, NC, with 160 designated as low-income housing. The property opened in 2019 and offers a mix of 35 studios, 117 one-bedroom units, and 9 two-bedroom apartments. Wake County residents can contact the property directly for availability and lease information.
Waitlist Information
Waitlist managed by Housing Authority of the City of Raleigh
Waiting list applicants are not assigned a number, as their position may shift. Changes to applications can be made via the RentCafe portal. Minimum eligibility criteria include household income less than 80% of the local area median income.
Waiting list applicants are not assigned a number, as their position may shift. Changes to applications can be made via the RentCafe portal.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
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 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 Sir Walter Apartments is typically 30% of household income or less.
What size apartments are available at Sir Walter Apartments?+
Sir Walter Apartments offers the following unit types: 35 Studio, 117 One-Bedroom, 9 Two-Bedroom units, for a total of 161 units.
What is the HUD inspection score for Sir Walter Apartments?+
Sir Walter Apartments has a HUD inspection score of 53 out of 100, which is considered below average. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who is eligible to live at Sir Walter Apartments?+
Sir Walter Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Sir Walter Apartments?+
Sir Walter Apartments is managed by . You can reach them at . Visit their website for more information.
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.
Is there a waitlist for Sir Walter Apartments?+
Public Housing waitlist is currently Open. 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: 1-bedroom: $1466, 2-bedroom: $1646. Actual rent at Sir Walter Apartments may be lower for income-eligible households.
How do I apply for housing at Sir Walter Apartments?+
Sir Walter Apartments 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.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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