About This Property
Shepard Greene offers 50 low-income units in Zebulon, NC designed to serve elderly residents. The property, which opened in 2018, includes 18 one-bedroom and 32 two-bedroom apartments and is financed through 9% Low-Income Housing Tax Credits. This Wake County community provides affordable rental housing options for qualifying low-income seniors.
Waitlist Information
Waitlist managed by Housing Authority of the County of Wake
The Public Housing waiting list is currently closed; the last application period for 2, 3, 4, and 5-bedroom units was from November 22, 2022, until April 30, 2023. Minimum eligibility requires household income below 80% of the area median income, eligible immigration status, and satisfactory financial history, with criminal and credit background checks conducted.
The Section 8 (Housing Choice Voucher) waiting list is currently closed, and the last opening date is not known. This program assists very low-income families, the elderly, and disabled individuals, including special vouchers like the Family Unification Program, Mainstream Vouchers, and HUD-VASH Vouchers.
Waitlist data provided by section8waitlist.org
Updated June 18, 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Zebulon, 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 Shepard Greene is typically 30% of household income or less.
What size apartments are available at Shepard Greene?+
Shepard Greene offers the following unit types: 18 One-Bedroom, 32 Two-Bedroom units, for a total of 50 units.
How do I apply for housing at Shepard Greene?+
Shepard Greene 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 Zebulon, NC?+
Based on Fair Market Rent for Wake County, the estimated price range is: 1-bedroom: $1466, 2-bedroom: $1646. Actual rent at Shepard Greene may be lower for income-eligible households.
Who is eligible to live at Shepard Greene?+
Shepard Greene 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 Shepard Greene?+
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.
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 Shepard Greene?+
Shepard Greene is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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