Matthew's Place §202 Senior Albemarle, NC
Profile last updated · Data vintage: HUD FY2025
Matthew's Place is a Section 202 PRAC (Senior Housing) community in Albemarle, NC with 34 units reporting 97% occupancy. Assisted residents pay about $387/month on average.
34
total units
97%
occupancy
$387
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Section 202 PRAC (Senior Housing) |
|---|---|
| Address | 411 S 4th St, Albemarle, NC 28001 Map → |
| Average household income | $16,115/yr |
| Average personal income | $16,115/yr |
| People per unit | 1 |
| Moved in within last year | 9% |
| Households below 30% AMI | 69% |
| Households below 50% AMI | 97% |
| One-bedroom share | 100% |
How to apply at Matthew's Place
Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
- Call or visit the management office at 411 S 4th St, Albemarle; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget (~$387/mo average here).
Other subsidized housing in Albemarle
- Amhurst Gardens/elizabeth Heights Public Housing
- The Reserve LIHTCPB Section 8
- Uwharrie Trail LIHTCPB Section 8
- Heathfield Apts LIHTCPB Section 8
- Albemarle Central School Apartments LIHTCPB Section 8
- Henson Place LIHTCPB Section 8
- Morrow Chase Apartments §202 Senior
- Ridge Run Apts LIHTCPB Section 8
- Forest Oaks LIHTCPB Section 8
- Cac of Stanly C §811
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| South 4th Street Apts LIHTCPB Section 8 | Albemarle | 0.8 km |
| Heathfield Apts Ii LIHTCPB Section 8 | Albemarle | 0.8 km |
| West Drive Apts LIHTCPB Section 8 | Albemarle | 0.8 km |
| Morrow Ave Apts LIHTCPB Section 8 | Albemarle | 0.8 km |
| Heathfield Apts Ii LIHTCPB Section 8 | Albemarle | 1.1 km |
| As Stanly Co Ho §811 | Albemarle | 1.1 km |
| Stanly County G §811 | Albemarle | 2.4 km |
| Arc/hds Stanly PB Section 8 | Albemarle | 2.5 km |
← All subsidized housing in Albemarle
Frequently asked questions
What kind of subsidy does Matthew's Place have?
Section 202 PRAC (Senior Housing). Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
How much is rent at Matthew's Place?
Residents report average rents near $387/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Matthew's Place?
Contact the management office at 411 S 4th St in Albemarle. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.