Low Income Apartments and Affordable Housing For Rent in China Grove, NC

Discover affordable housing in China Grove where there are 2+ 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.

Benchmark Apartments

848 Lillian St, China Grove, North Carolina 28023

Arc Hds Rowan County Group Home 1

106 S Franklin St, China Grove, North Carolina 28023

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In China Grove, North Carolina
$21.23/hour
$13.98 (+193%) more than North Carolina minimum wage and $13.98 (+193%) more than the Federal minimum wage.
Learn More About China Grove, North Carolina Affordable Housing ↓

What HUD offices serve China Grove, 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), Public Housing programs for China Grove, North Carolina.

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

How many renters live in China Grove, North Carolina?

The City of China Grove has 4,449 people living in 2,006 households.

There are 1,077 renters living in 647 renter households in this City. Renters make up 24.21 percent of the population living in China Grove.

What is the rental market like in China Grove, North Carolina?

There are an estimated 2,065 housing units in the China Grove area. Of these, 647 units are rental homes, making up 31 percent of the housing market. For every renter household in China Grove, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in China Grove?

The rental vacancy rate in China Grove is 0 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 China Grove for each bedroom size?

Occupied Rental Units by Size in China Grove
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
48 14 552 33 0
Occupied Rental Units by Size in China Grove

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

Among renter households in this market, 67 percent have housing cost burden. Further, 48 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 China Grove

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $925 to $1,702. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $925
One BR $931
Two BR $1,121
Three BR $1,483
Four BR $1,702
2024 Fair Market Rents in China Grove, North Carolina

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

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 48 100 percent
One BR 10 71 percent
Two BR 318 58 percent
Rental Units Below FMR in China Grove, North Carolina

How many affordable rental units are in China Grove?

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

Federal Program Unit Count
Low Income Housing Tax Credit 48
Section 8 Project-Based Rental Assistance 3
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in China Grove, North Carolina

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

Income Based Apartments in China Grove, North Carolina

China Grove features 30 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 China Grove, North Carolina

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

Housing Choice Vouchers in China Grove, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in China Grove, North Carolina for a two-bedroom apartment is between $1,009 and $1,233.

Sourced from federal housing data and AffordableHousingOnline.com research.