Monroe Terrace

1701 W 10th St, Wilmington, Delaware 19805

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Monroe Terrace is managed by Fairville Management Company.

Monroe Terrace, located in Downtown Wilmington, DE, offers the unique opportunity of urban living at an affordable price.  This prime location offers a variety of two, three, four and five bedroom townhomes, scattered throughout the Downtown Wilmington area, making it easy to meet your family's individual needs.  Renovated in 2009, Monroe Terrace offers spacious units, most with eat-in kitchens, full basements and backyards.  Monroe Terrace is convenient to all the amenities of the city, including Market Street and the Christina Riverfront Attractions. Monroe Terrace is conveniently located on a DART Bus route in the City of Wilmington and is just minutes from Amtrak, SEPTA, the bus terminal, I-95, I-495 and I-295.  Within walking distance to local hospitals, shopping, schools, churches, restaurants, daycare centers and an abundance of prospective employers, this prime location is just the right home for a trouble-free commute

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Eligibility for Monroe Terrace

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 Monroe Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $23,450 $26,800 $30,150 $33,500 $36,200 $40,280
50% $39,100 $44,650 $50,250 $55,800 $60,300 $64,750
80% $62,500 $71,400 $80,350 $89,250 $96,400 $103,550

Monroe Terrace Details

  • 136 two and three bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)

Property Amenities

  • On-Site Manager
  • 24hr Emergency Maintenance
  • Off-Street Parking

Unit Amenities

  • Washer and Dryer Hookup
  • Private Entrance
  • Fully Equipped Kitchen
  • Mini Blinds & Curtain Rods
  • Dining Area
  • Heat and Air

Nearby Amenities

  • Near Bus Line
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.

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