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Affordable apartments in Smithfield, North Carolina

10 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

2 section 2023 section 85 lihtc

Buildings

Triangle Elderly Housing

Section 202
203 N. College Ave, Smithfield, NC, 27577
Income-restricted units
74 of 74
Year placed in service
Not reported

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

Triangle Elderly Housing

Section 8
203 N. College Ave, Smithfield, NC, 27577
Income-restricted units
74 of 74
Year placed in service
Not reported

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

GLEN LAKE APARTMENTS

LIHTC
401 NC HWY 210, SMITHFIELD, NC, 27577
Income-restricted units
72 of 72
Year placed in service
2017
Bedroom mix
36 2BR · 36 3BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

JOHNSON COURT APTS

Section 8
2266-2270 Kay Drive, Smithfield, NC, 27577
Income-restricted units
69 of 70
Year placed in service
Not reported

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

MHA Housing of Piedmont NC

Section 8
708B PARK AVENUE, Smithfield, NC, 27577
Income-restricted units
62 of 69
Year placed in service
Not reported

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

MHA Housing of Piedmont NC

Section 202
708B PARK AVENUE, Smithfield, NC, 27577
Income-restricted units
62 of 69
Year placed in service
Not reported

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

AUSTIN MANOR

LIHTC
129 SOUTH 3RD STREET, SMITHFIELD, NC, 27577
Income-restricted units
48 of 48
Year placed in service
1994
Bedroom mix
47 1BR · 1 2BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

HOMEWOOD APTS

LIHTC
SMITHFIELD, NC
Income-restricted units
36 of 36
Year placed in service
1989
Bedroom mix
12 1BR · 24 2BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

PINE KNOLL MANOR

LIHTC
202 SKYLAND DR, SMITHFIELD, NC, 27577
Income-restricted units
33 of 33
Year placed in service
1989
Bedroom mix
1 studio · 32 1BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

PINE KNOLL MANOR II

LIHTC
204 SKYLAND DRIVE, SMITHFIELD, NC, 27577
Income-restricted units
32 of 32
Year placed in service
1994
Bedroom mix
30 1BR · 2 2BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in North Carolina

Residential electricity in North Carolina runs about 14.30¢/kWh, with a typical monthly residential electric bill near $148. Natural gas runs about $24.75/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for 27577

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$1,170n/a
1 bedroom$1,190n/a
2 bedroom$1,350$1,502
3 bedroom$1,660n/a
4 bedroom$2,200n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.

HUD income limits : Johnston County, NC

Raleigh-Cary, NC. FY2025. Area median income: $132,700.

Household size30% AMI50% AMI80% AMI
1 person$27,900$46,450$72,950
2 people$31,850$53,100$83,400
3 people$35,850$59,750$93,800
4 people$39,800$66,350$104,200
5 people$43,000$71,700$112,550
6 people$46,200$77,000$120,900
7 people$49,400$82,300$129,250
8 people$54,150$87,600$137,550

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby North Carolina cities

See all affordable-rental cities in North Carolina

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Smithfield cost-of-living and Fair Market Rent overview