Rankin Terrace Apartments

410 N 11th St, Wilmington, North Carolina 28401

Rankin Terrace is located .88 miles east of downtown Wilmington and consists of 80 townhouses with two to five bedroom units. Units range from 824 to 1508 square feet and include central air conditioning, washer hookups and individual storage.

Residents at Rankin Terrace have access to a community center, activity room, and playground.

Rankin Terrace residents are just minutes away from all the businesses, restaurants and cultural activities Wilmington has to offer.

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	824	Call for Price
3 Bedroom (3/1.5)	1000	Call for Price
4 Bedroom (4/1.5)	1200	Call for Price
5 Bedroom (5/2)	1508	Call for Price

Eligibility for Rankin Terrace Apartments

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 Rankin Terrace Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person	9 Person	10 Person
Very Low Income (50%)	$31,600	$36,100	$40,600	$45,100	$48,750	$52,350	$55,950	$59,550	$0	$0
Low Income (60%)	$37,920	$43,320	$48,720	$54,120	$58,500	$62,820	$67,140	$71,460	$0	$0

Rankin Terrace Apartments Details

77 two, three, four and five bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Clubhouse
Laundry Facilities
Smoke Free
High Speed Internet Access
Game Room
Wheel Chair Accessible

Unit Amenities

Washer and Dryer Hookup

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.