About This Property
Myrtle Place Apartments offers 60 low-income units in Dudley, NC, comprising eight one-bedroom, thirty-six two-bedroom, and sixteen three-bedroom apartments. The property, in service since 2004, serves families, disabled individuals, and homeless populations. Financing through 9% LIHTC credits supports affordability at this Wayne County community.
Property Details
Fair Market Rent - Wayne 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 | $826 |
| 1 Bedroom | $831 |
| 2 Bedroom | $1,092 |
| 3 Bedroom | $1,358 |
| 4 Bedroom | $1,824 |
Income Limits - Wayne County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Dudley, NC?+
The Fair Market Rent (FMR) for Wayne County, NC is: $826 (Studio), $831 (1BR), $1092 (2BR), $1358 (3BR), $1824 (4BR). Actual rent at subsidized properties like Myrtle Place Apartments is typically 30% of household income or less.
What size apartments are available at Myrtle Place Apartments?+
Myrtle Place Apartments offers the following unit types: 8 One-Bedroom, 36 Two-Bedroom, 16 Three-Bedroom units, for a total of 60 units.
What is the price range for apartments in Dudley, NC?+
Based on Fair Market Rent for Wayne County, the estimated price range is: 1-bedroom: $831, 2-bedroom: $1092, 3-bedroom: $1358. Actual rent at Myrtle Place Apartments may be lower for income-eligible households.
How do I apply for housing at Myrtle Place Apartments?+
Myrtle Place 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.
Who is eligible to live at Myrtle Place Apartments?+
Myrtle Place Apartments primarily serves families, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Myrtle Place Apartments?+
Myrtle Place Apartments is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Wayne County, NC?+
For a 4-person household in Wayne County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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