About This Property
University Square Senior Apartments comprises 90 units in Charlotte, NC serving elderly and disabled residents with low incomes. The property includes 30 one-bedroom and 60 two-bedroom units and has been in service since 2006. Financing for the development includes tax-exempt bonds and 4% Low Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Inlivian
Eligibility for income-based housing requires meeting income limits and other qualifications, including proof of 6-month full-time employment, income verification, and passing credit, criminal, and eviction background checks for mixed-income properties.
Vouchers are limited to extremely low to low-income families. Eligibility is determined by annual gross income, criminal background check, eligible immigration status, and previous behavior in other assisted housing. A mandatory work requirement of 20 hours per week is in effect for non-elderly/non-disabled households.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Mecklenburg 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 | $1,347 |
| 1 Bedroom | $1,384 |
| 2 Bedroom | $1,554 |
| 3 Bedroom | $1,936 |
| 4 Bedroom | $2,481 |
Income Limits - Mecklenburg County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,700
- Very Low (50%)
- $29,500
- Low (80%)
- $47,150
- Extremely Low (30%)
- $20,200
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $22,750
- Very Low (50%)
- $37,900
- Low (80%)
- $60,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,500
- Low (80%)
- $72,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,850
- Low (80%)
- $78,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,250
- Low (80%)
- $83,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,600
- Low (80%)
- $88,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,700 | $29,500 | $47,150 |
| 2 Persons | $20,200 | $33,700 | $53,900 |
| 3 Persons | $22,750 | $37,900 | $60,650 |
| 4 Persons | $26,500 | $42,100 | $67,350 |
| 5 Persons | $31,040 | $45,500 | $72,750 |
| 6 Persons | $35,580 | $48,850 | $78,150 |
| 7 Persons | $40,120 | $52,250 | $83,550 |
| 8 Persons | $44,660 | $55,600 | $88,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Charlotte, NC?+
The Fair Market Rent (FMR) for Mecklenburg County, NC is: $1347 (Studio), $1384 (1BR), $1554 (2BR), $1936 (3BR), $2481 (4BR). Actual rent at subsidized properties like University Square Senior Apartments is typically 30% of household income or less.
What size apartments are available at University Square Senior Apartments?+
University Square Senior Apartments offers the following unit types: 30 One-Bedroom, 60 Two-Bedroom units, for a total of 90 units.
What are the income limits for affordable housing in Mecklenburg County, NC?+
For a 4-person household in Mecklenburg County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,100, Low Income (80% AMI): $67,350. These limits are set by HUD and updated annually.
Who manages University Square Senior Apartments?+
University Square Senior Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at University Square Senior Apartments?+
University Square Senior Apartments 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 University Square Senior Apartments?+
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.
Who is eligible to live at University Square Senior Apartments?+
University Square Senior Apartments primarily serves elderly residents, persons with disabilities. 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 Charlotte, NC?+
Based on Fair Market Rent for Mecklenburg County, the estimated price range is: 1-bedroom: $1384, 2-bedroom: $1554. Actual rent at University Square Senior Apartments may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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