Low Income Apartments and Affordable Housing For Rent in Salemburg, NC

Discover affordable housing in Salemburg where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Salem Woods Apartments

300 Salem Circle, Salemburg, North Carolina 28385

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Salemburg, North Carolina
$16.21/hour
$8.96 (+124%) more than North Carolina minimum wage and $8.96 (+124%) more than the Federal minimum wage.
Learn More About Salemburg, North Carolina Affordable Housing ↓

What HUD offices serve Salemburg, North Carolina?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Salemburg, North Carolina.

Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Salemburg.

How many renters live in Salemburg, North Carolina?

The City of Salemburg has 330 people living in 144 households.

There are 74 renters living in 36 renter households in this City. Renters make up 22.42 percent of the population living in Salemburg.

What is the rental market like in Salemburg, North Carolina?

There are an estimated 189 housing units in the Salemburg area. Of these, 49 units are rental homes, making up 26 percent of the housing market. For every renter household in Salemburg, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Salemburg?

The rental vacancy rate in Salemburg is 14 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Salemburg for each bedroom size?

Occupied Rental Units by Size in Salemburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 2 16 15 3
Occupied Rental Units by Size in Salemburg

A large number of apartments in Salemburg have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Salemburg are overburdened by housing costs?

Among renter households in this market, 39 percent have housing cost burden. Further, 39 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Salemburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $684 to $1,260. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $684
One BR $725
Two BR $856
Three BR $1,074
Four BR $1,260
2024 Fair Market Rents in Salemburg, North Carolina

How many units are rented at Fair Market Rent (FMR) in Salemburg?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 2 100 percent
Two BR 8 50 percent
Rental Units Below FMR in Salemburg, North Carolina

How many affordable rental units are in Salemburg?

Income Based Apartments in Salemburg, North Carolina

Salemburg features 24 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Salemburg, North Carolina

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Salemburg.

Housing Choice Vouchers in Salemburg, North Carolina

On average, Section 8 Housing Choice vouchers pay Salemburg landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Salemburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Salemburg, North Carolina for a two-bedroom apartment is between $770 and $942.

Sourced from federal housing data and AffordableHousingOnline.com research.