Low Income Apartments and Affordable Housing For Rent in Caldwell County, NC

Discover affordable housing in Caldwell County where there are 28+ 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.

Woodcrest Apartments

226 Wilson St NW, Lenoir, North Carolina 28645

Stonewall Square

415 Stonewall St NW, Lenoir, North Carolina 28645

Powder Creek Apartments

200 Powder Creek Ct # 2, Hudson, North Carolina 28638

Cross Creek Apartments

1902 Hickory Blvd SW, Lenoir, North Carolina 28645

Cedar Run Apartments

124 Cedar Run St NE, Lenoir, North Carolina 28645

Arbor Glen

104 Abington Road, Lenoir, North Carolina 28645

Pinewood Plaza Apartments

10 Pinewood Plaza Dr, Granite Falls, North Carolina 28630

Skyland Apartments

506 Lower Creek Dr , Lenoir, North Carolina 28645

Woodlane Street Apartments

113 F. Woodlane St. Ext., Granite Falls, North Carolina 28630

Landmark

30 Quarry Road, Granite Falls, North Carolina 28630

Ransom Street Apartments

481 Ransom Street, Blowing Rock, North Carolina 28605

Willow Oaks, Ltd

10 Quarry Rd, Granite Falls, North Carolina 28630

Granite Village Apartments

112 Falls Avenue, Granite Falls, North Carolina 28630

Koinonia Apartments

318 Main St NW, Lenoir, North Carolina 28645

Caldwell Gardens

1302 Piedmont Dr NW, Lenoir, North Carolina 28645

Kirkwood Grove

700 Kirkland Ave, Hudson, North Carolina 28638

Kattz Corner

316 Lower Creek Dr., Lenoir, North Carolina 28645

East Harper Street Apartments

305 Todd St NW, Lenoir, North Carolina 28645

Pine Mountain Trace

401 Kirkland Ave, Hudson, North Carolina 28638

Woodland Village

600 Kirkland Ave, Hudson, North Carolina 28638

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Caldwell County, North Carolina
$19.20/hour
$11.95 (+165%) more than North Carolina minimum wage and $11.95 (+165%) more than the Federal minimum wage.
Learn More About Caldwell County, North Carolina Affordable Housing ↓

What HUD offices serve Caldwell County, 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), Family Self-Sufficiency, Homeownership, Family Unification Program (FUP) programs for Caldwell County, North Carolina.

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

How many renters live in Caldwell County, North Carolina?

The County of Caldwell County has 80,492 people living in 33,429 households.

There are 20,349 renters living in 8,916 renter households in this County. Renters make up 25.28 percent of the population living in Caldwell County.

What is the rental market like in Caldwell County, North Carolina?

There are an estimated 37,125 housing units in the Caldwell County area. Of these, 8,693 units are rental homes, making up 23 percent of the housing market. For every renter household in Caldwell County, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Caldwell County?

The rental vacancy rate in Caldwell County is 4 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 Caldwell County for each bedroom size?

Occupied Rental Units by Size in Caldwell County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
122 1,119 3,391 2,928 529
Occupied Rental Units by Size in Caldwell County

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

Among renter households in this market, 41 percent have housing cost burden. Further, 11 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 Caldwell County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $806 to $1,506. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $806
One BR $834
Two BR $1,014
Three BR $1,314
Four BR $1,506
2024 Fair Market Rents in Caldwell County, North Carolina

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

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 115 94 percent
One BR 916 82 percent
Two BR 2,879 85 percent
Rental Units Below FMR in Caldwell County, North Carolina

How many affordable rental units are in Caldwell County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 831
Public Housing 157
Section 8 Project-Based Rental Assistance 339
Section 811 Supportive Housing for Persons with Disabilities 14
USDA Section 515 Rural Rental Housing 425
Tracked Units by Federal Program in Caldwell County, North Carolina

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

Income Based Apartments in Caldwell County, North Carolina

Caldwell County features 727 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 Caldwell County, North Carolina

There are 379 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Caldwell County.

Housing Choice Vouchers in Caldwell County, North Carolina

On average, Section 8 Housing Choice vouchers pay Caldwell County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Caldwell County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Caldwell County, North Carolina for a two-bedroom apartment is between $913 and $1,115.

Sourced from federal housing data and AffordableHousingOnline.com research.