About This Property
Caroline Courtyard offers 56 low-income rental units in Lincolnton, NC, serving families with a mix of 42 two-bedroom and 14 three-bedroom apartments. The property has been in service since 2016 and is funded through 9% Low-Income Housing Tax Credits. This development provides affordable housing options for families in Lincoln County.
Waitlist Information
Waitlist managed by Lincolnton Housing Authority
Applications are accepted for families and senior/disabled individuals; income limits apply.
Income limits apply, and preferences may include veterans, elderly, disabled, working families, or local residents.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
Fair Market Rent - Lincoln 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 | $944 |
| 1 Bedroom | $970 |
| 2 Bedroom | $1,089 |
| 3 Bedroom | $1,436 |
| 4 Bedroom | $1,450 |
Income Limits - Lincoln County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,450
- Very Low (50%)
- $24,050
- Low (80%)
- $38,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,500
- Low (80%)
- $44,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,950
- Low (80%)
- $49,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,100
- Low (80%)
- $59,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,850
- Low (80%)
- $63,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,350
- Low (80%)
- $72,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,450 | $24,050 | $38,500 |
| 2 Persons | $17,420 | $27,500 | $44,000 |
| 3 Persons | $21,960 | $30,950 | $49,500 |
| 4 Persons | $26,500 | $34,350 | $54,950 |
| 5 Persons | $31,040 | $37,100 | $59,350 |
| 6 Persons | $35,580 | $39,850 | $63,750 |
| 7 Persons | $40,120 | $42,600 | $68,150 |
| 8 Persons | $44,660 | $45,350 | $72,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lincolnton, NC?+
The Fair Market Rent (FMR) for Lincoln County, NC is: $944 (Studio), $970 (1BR), $1089 (2BR), $1436 (3BR), $1450 (4BR). Actual rent at subsidized properties like Caroline Courtyard is typically 30% of household income or less.
What size apartments are available at Caroline Courtyard?+
Caroline Courtyard offers the following unit types: 42 Two-Bedroom, 14 Three-Bedroom units, for a total of 56 units.
Who is eligible to live at Caroline Courtyard?+
Caroline Courtyard primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Caroline Courtyard?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Lincolnton, NC?+
Based on Fair Market Rent for Lincoln County, the estimated price range is: 2-bedroom: $1089, 3-bedroom: $1436. Actual rent at Caroline Courtyard may be lower for income-eligible households.
What are the income limits for affordable housing in Lincoln County, NC?+
For a 4-person household in Lincoln County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,350, Low Income (80% AMI): $54,950. These limits are set by HUD and updated annually.
Who manages Caroline Courtyard?+
Caroline Courtyard is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Caroline Courtyard?+
Caroline Courtyard 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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