Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Silver Spring Apts

601 Pony Rd Apt 5, Zebulon, NC, 27597

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Silver Spring Apts offers 33 low-income units in Zebulon, North Carolina, serving elderly residents. The property includes 24 one-bedroom and 9 two-bedroom units and was placed in service in 2002. Financing includes 9% Low-Income Housing Tax Credits and HOME funding.

Waitlist Information

Waitlist managed by Housing Authority of the County of Wake

Public Housing Waitlist
Closed
Opened November 22, 2022
Closed April 30, 2023
Apply: Online, In-person, Mail, Email

Applications were accepted for 2, 3, 4, and 5 bedroom units. The waiting list opens when there is less than one year's worth of applicants waiting and closes when there is one year or more wait time.

Last verified April 13, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher waiting list is currently closed.

Last verified February 6, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
33
1 Bedroom
24
2 Bedroom
9

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$20,100
Very Low (50%)
$33,500
Low (80%)
$53,600
2 Persons
Extremely Low (30%)
$23,000
Very Low (50%)
$38,300
Low (80%)
$61,250
3 Persons
Extremely Low (30%)
$25,850
Very Low (50%)
$43,100
Low (80%)
$68,900
4 Persons
Extremely Low (30%)
$28,700
Very Low (50%)
$47,850
Low (80%)
$76,550
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$51,700
Low (80%)
$82,700
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$55,550
Low (80%)
$88,800
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$59,350
Low (80%)
$94,950
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$63,200
Low (80%)
$101,050

Tax Credit Program Details

Year Placed in Service
2002
LIHTC Credit Type
9%
Low-Income Units
33 / 33
Target Population
Elderly
Funding Programs
HOME

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 Silver Spring Apts is typically 30% of household income or less.

What size apartments are available at Silver Spring Apts?+

Silver Spring Apts offers the following unit types: 24 One-Bedroom, 9 Two-Bedroom units, for a total of 33 units.

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 Silver Spring Apts may be lower for income-eligible households.

How do I apply for housing at Silver Spring Apts?+

Silver Spring Apts 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 Silver Spring Apts?+

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.

Who manages Silver Spring Apts?+

Silver Spring Apts is managed by . You can reach them at . Visit their website for more information.

Who is eligible to live at Silver Spring Apts?+

Silver Spring Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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.

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Walk Score

Car-Dependent

31
Walk
21
Bike

Nearby Schools

6,7,8
KG,1,2,3,4,5,6,7,8,9,10,11,12
PK,KG,1,2,3,4,5
KG,1,2,3,4,5

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Wake County, NC

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