About This Property
Naples Terrace Apartments consists of 159 low-income units in Durham, North Carolina, serving families with a mix of one-, two-, three-, and four-bedroom floor plans. The property has been in service since 2001 and is funded through tax-exempt bonds and 4% Low-Income Housing Tax Credits. The unit mix includes 8 one-bedroom, 71 two-bedroom, 70 three-bedroom, and 10 four-bedroom apartments.
Waitlist Information
Waitlist managed by The Housing Authority of the City of Durham
Applications are accepted at the community management office where interested in residing. Waiting lists are maintained at each community's management office.
Waiting lists open periodically. An average wait time of 24 months is mentioned. Applicants are notified if placed on the waiting list.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
Fair Market Rent - Durham 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 | $1,385 |
| 1 Bedroom | $1,418 |
| 2 Bedroom | $1,631 |
| 3 Bedroom | $2,051 |
| 4 Bedroom | $2,510 |
Income Limits - Durham County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $20,750
- Very Low (50%)
- $34,600
- Low (80%)
- $55,300
- Extremely Low (30%)
- $23,350
- Very Low (50%)
- $38,900
- Low (80%)
- $62,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,200
- Low (80%)
- $69,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,700
- Low (80%)
- $74,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,150
- Low (80%)
- $80,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,600
- Low (80%)
- $85,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,050
- Low (80%)
- $91,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,150 | $30,250 | $48,400 |
| 2 Persons | $20,750 | $34,600 | $55,300 |
| 3 Persons | $23,350 | $38,900 | $62,200 |
| 4 Persons | $26,500 | $43,200 | $69,100 |
| 5 Persons | $31,040 | $46,700 | $74,650 |
| 6 Persons | $35,580 | $50,150 | $80,200 |
| 7 Persons | $40,120 | $53,600 | $85,700 |
| 8 Persons | $44,660 | $57,050 | $91,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Durham, NC?+
The Fair Market Rent (FMR) for Durham County, NC is: $1385 (Studio), $1418 (1BR), $1631 (2BR), $2051 (3BR), $2510 (4BR). Actual rent at subsidized properties like Naples Terrace Apts is typically 30% of household income or less.
What size apartments are available at Naples Terrace Apts?+
Naples Terrace Apts offers the following unit types: 8 One-Bedroom, 71 Two-Bedroom, 70 Three-Bedroom, 10 Four-Bedroom units, for a total of 159 units.
How do I apply for housing at Naples Terrace Apts?+
Naples Terrace 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.
Who manages Naples Terrace Apts?+
Naples Terrace Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Naples Terrace Apts?+
Public Housing waitlist is currently Open. 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.
What are the income limits for affordable housing in Durham County, NC?+
For a 4-person household in Durham County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,200, Low Income (80% AMI): $69,100. These limits are set by HUD and updated annually.
What is the price range for apartments in Durham, NC?+
Based on Fair Market Rent for Durham County, the estimated price range is: 1-bedroom: $1418, 2-bedroom: $1631, 3-bedroom: $2051. Actual rent at Naples Terrace Apts may be lower for income-eligible households.
Who is eligible to live at Naples Terrace Apts?+
Naples Terrace Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.