About This Property
Wakefield Spring offers 80 low-income units in Raleigh, NC, serving elderly residents with a mix of 40 one-bedroom and 40 two-bedroom apartments. The property has been in service since 2016 and receives 9% Low-Income Housing Tax Credit funding. Residents can contact the property management office for lease inquiries and additional information.
Waitlist Information
Waitlist managed by Housing Authority of the City of Raleigh
Raleigh Housing Authority manages site-based waiting lists by bedroom size for conventional and incentive-based public housing communities. Completed pre-applications are selected based on time and date of application plus preferences for Wake County residency/work, mobility impairment, working families (24 months uninterrupted employment, 35+ hrs/week), elderly (62+), or disabled status. Only one pre-application per household is allowed, but multiple waiting lists can be selected within it.
When last open (May 1, 2022 - October 31, 2023), preferences included elderly, disabled, Wake County resident, Ready To Rent Graduate, and working at least 20 hours per week for at least 6 months. Applications were processed based on date/time received and preferences.
Waitlist data provided by section8waitlist.org
Updated June 24, 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 Wakefield Spring is typically 30% of household income or less.
What size apartments are available at Wakefield Spring?+
Wakefield Spring offers the following unit types: 40 One-Bedroom, 40 Two-Bedroom units, for a total of 80 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.
Who manages Wakefield Spring?+
Wakefield Spring is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Wakefield Spring?+
Wakefield Spring primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Wakefield Spring?+
Public Housing waitlist is currently Closed. 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.
How do I apply for housing at Wakefield Spring?+
Wakefield Spring 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.
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 Wakefield Spring 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 Wakefield Spring
Heritage Crossings Senior Apartments
Wake Forest, NC
120 UnitsWakefield Hills Apartments
Raleigh, NC
80 UnitsWakefield Commons
Raleigh, NC
80 Units8255 Merriweather Circle
Raleigh, NC
1 Units8257 Merriweather Circle
Raleigh, NC
1 Units
Berkshire
Raleigh, NC
2 Units