Compton Apartments

650 N. Walnut Street, Wilmington, Delaware 19801

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Compton Apartments is managed by Arbor Management.

Compton Apartments offers affordable one and two bedroom apartments under the HUD Section 8 program. It is located in the City of Wilmington, just east of the central business district and near the Amtrak Station and the Ships Tavern and Riverfront neighborhoods.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Two Bedroom (2/2) - Call for Price
Waiting List is Closed

Last updated on December 11th, 2018

Eligibility for Compton Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Wilmington but actual income limits may differ for units at Compton Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person
30% $23,450 $26,800 $30,150 $33,500
50% $39,100 $44,650 $50,250 $55,800
80% $62,500 $71,400 $80,350 $89,250

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Wilmington but actual income limits may differ for units at Compton Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $39,100 $44,650 $50,250 $55,800
Low Income (60%) $46,920 $53,580 $60,300 $66,960

Compton Apartments Details

  • 9 one and two bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)

Property Amenities

  • Controlled Access
  • BBQ and Picnic Area
  • Laundry Room
  • 24hr Emergency Maintenance
  • Off-Street Parking

Unit Amenities

  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Walk-in Closet(s)
  • Window Coverings
  • Carpet
  • Patio Deck Or Balcony
  • Private Entrance
  • Scenic View

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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