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

Discover affordable housing in Benson where there are 7+ 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.

The Hedges Apartments

500 N Ryals Street Apt4-B, Benson, North Carolina 27504

Legacy Trace

1150 Berkley Belle Dr., Benson, North Carolina 27504

Parkview Apartments

110 Sunset Dr, Benson, North Carolina 27504

Crestfield

604 E Morris Avenue, Benson, North Carolina 27504

Ridgecrest Apartments

209 Adams Dr, Benson, North Carolina 27504

Benson Green Apartments

12741 Highway 210 Benson, Benson, North Carolina 27504

Bha Properties

300 S Dunn St, Benson, North Carolina 27504

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Benson, North Carolina
$31.17/hour
$23.92 (+330%) more than North Carolina minimum wage and $23.92 (+330%) more than the Federal minimum wage.
Learn More About Benson, North Carolina Affordable Housing ↓

What HUD offices serve Benson, 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 Public Housing programs for Benson, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Benson, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Benson, North Carolina.

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

How many renters live in Benson, North Carolina?

The City of Benson has 4,004 people living in 1,522 households.

There are 2,087 renters living in 797 renter households in this City. Renters make up 52.12 percent of the population living in Benson.

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

There are an estimated 1,841 housing units in the Benson area. Of these, 837 units are rental homes, making up 45 percent of the housing market. For every renter household in Benson, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Benson?

The rental vacancy rate in Benson is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in Benson
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
43 17 311 261 157
Occupied Rental Units by Size in Benson

A large number of apartments in Benson 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 Benson are overburdened by housing costs?

Among renter households in this market, 60 percent have housing cost burden. Further, 26 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 Benson

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,427 to $2,711. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,427
One BR $1,466
Two BR $1,646
Three BR $2,035
Four BR $2,711
2024 Fair Market Rents in Benson, North Carolina

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

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
Studio 43 100 percent
One BR 17 100 percent
Two BR 311 100 percent
Rental Units Below FMR in Benson, North Carolina

How many affordable rental units are in Benson?

There are a variety of federal affordable housing programs serving households in Benson, North Carolina including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 197
Public Housing 153
Section 8 Project-Based Rental Assistance 3
USDA Section 515 Rural Rental Housing 150
Tracked Units by Federal Program in Benson, North Carolina

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Benson, North Carolina

Benson features 323 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 Benson, North Carolina

There are 144 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Benson.

Housing Choice Vouchers in Benson, North Carolina

On average, Section 8 Housing Choice vouchers pay Benson landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Benson.

The maximum amount a voucher would pay on behalf of a low-income tenant in Benson, North Carolina for a two-bedroom apartment is between $1,481 and $1,811.

Sourced from federal housing data and AffordableHousingOnline.com research.