About This Property
Charles Place offers 40 one-bedroom units in Shelby, NC designed to serve elderly residents with low incomes. The property, which has been in service since 1994, is funded through CDBG and HOPE VI programs and utilizes 9% Low-Income Housing Tax Credits. Units are managed to provide affordable housing options for qualifying residents.
Waitlist Information
Waitlist managed by City of Shelby, Department of Housing
Applicants must be 18 years or over and selections are based on bedroom size, income range, background checks, and criminal records.
Eligibility is based on total annual gross income, family size, and U.S. citizenship or eligible immigration status.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Cleveland 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 | $652 |
| 1 Bedroom | $656 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,206 |
| 4 Bedroom | $1,349 |
Income Limits - Cleveland 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 Shelby, NC?+
The Fair Market Rent (FMR) for Cleveland County, NC is: $652 (Studio), $656 (1BR), $856 (2BR), $1206 (3BR), $1349 (4BR). Actual rent at subsidized properties like Charles Place is typically 30% of household income or less.
What size apartments are available at Charles Place?+
Charles Place offers the following unit types: 40 One-Bedroom units, for a total of 40 units.
Who manages Charles Place?+
Charles Place is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Charles Place?+
Charles Place primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Shelby, NC?+
Based on Fair Market Rent for Cleveland County, the estimated price range is: 1-bedroom: $656. Actual rent at Charles Place may be lower for income-eligible households.
What are the income limits for affordable housing in Cleveland County, NC?+
For a 4-person household in Cleveland 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.
How do I apply for housing at Charles Place?+
Charles Place 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 Charles Place?+
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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.