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Affordable apartments in Walnut Cove, North Carolina

3 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.

3 lihtc

Buildings

STOKESBURG MEADOWS

LIHTC
124 STOKESBURG MEADOWS COURT, WALNUT COVE, NC, 27052
Income-restricted units
32 of 32
Year placed in service
2004
Bedroom mix
8 1BR · 16 2BR · 8 3BR

Estimated total housing cost: $1,000 rent + $148 utilities = $1,148/mo

Contact property management for current availability. Waitlists may apply.

PINE RIDGE APTS

LIHTC
1007 MAIN STREET, WALNUT COVE, NC, 27052
Income-restricted units
24 of 24
Year placed in service
1992
Bedroom mix
22 1BR · 2 2BR

Estimated total housing cost: $1,000 rent + $148 utilities = $1,148/mo

Contact property management for current availability. Waitlists may apply.

HERITAGE APARTMENTS

LIHTC
124 HERITAGE DRIVE, WALNUT COVE, NC, 27052
Income-restricted units
24 of 24
Year placed in service
2014
Bedroom mix
12 1BR · 12 2BR

Estimated total housing cost: $1,000 rent + $148 utilities = $1,148/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 27052

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$810n/a
1 bedroom$880n/a
2 bedroom$1,000$1,502
3 bedroom$1,300n/a
4 bedroom$1,540n/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 : Stokes County, NC

Winston-Salem, NC. FY2025. Area median income: $86,700.

Household size30% AMI50% AMI80% AMI
1 person$18,200$30,350$48,550
2 people$21,150$34,700$55,500
3 people$26,650$39,050$62,450
4 people$32,150$43,350$69,350
5 people$37,650$46,850$74,900
6 people$43,150$50,300$80,450
7 people$48,650$53,800$86,000
8 people$54,150$57,250$91,550

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

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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: Walnut Cove cost-of-living and Fair Market Rent overview