
About This Property
Mt Olive Village contains 40 low-income residential units in Mt Olive, NC, featuring 16 one-bedroom and 24 two-bedroom floor plans. The property has been in service since 1989 and receives 9% Low-Income Housing Tax Credit financing. Residents may contact the property management office for leasing information and inquiries.
Waitlist Information
Waitlist managed by Mount Olive Housing Authority
The waiting list is accepting applications for families and senior/disabled individuals. Eligibility is based on annual gross income, age or disability status, and US citizenship or eligible immigration status.
The Section 8 waiting list for Mount Olive Housing Authority is currently closed.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Wayne 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 | $826 |
| 1 Bedroom | $831 |
| 2 Bedroom | $1,092 |
| 3 Bedroom | $1,358 |
| 4 Bedroom | $1,824 |
Income Limits - Wayne 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 Mount Olive, NC?+
The Fair Market Rent (FMR) for Wayne County, NC is: $826 (Studio), $831 (1BR), $1092 (2BR), $1358 (3BR), $1824 (4BR). Actual rent at subsidized properties like Mt Olive Village is typically 30% of household income or less.
What size apartments are available at Mt Olive Village?+
Mt Olive Village offers the following unit types: 16 One-Bedroom, 24 Two-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Wayne County, NC?+
For a 4-person household in Wayne 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 Mt Olive Village?+
Mt Olive Village 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 Mt Olive Village?+
Mt Olive Village is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Mt Olive Village?+
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 is the price range for apartments in Mount Olive, NC?+
Based on Fair Market Rent for Wayne County, the estimated price range is: 1-bedroom: $831, 2-bedroom: $1092. Actual rent at Mt Olive Village 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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