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

Discover affordable housing in Clarkton 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.

Oakdale Homes

10898 S College St, Clarkton, North Carolina 28433

Elm Tree Apartments

10759 S College St, Clarkton, North Carolina 28433

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Clarkton, 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 Clarkton, North Carolina Affordable Housing ↓

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

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

How many renters live in Clarkton, North Carolina?

The City of Clarkton has 822 people living in 243 households.

There are 454 renters living in 121 renter households in this City. Renters make up 55.23 percent of the population living in Clarkton.

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

There are an estimated 330 housing units in the Clarkton area. Of these, 144 units are rental homes, making up 44 percent of the housing market. For every renter household in Clarkton, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Clarkton?

The rental vacancy rate in Clarkton is 16 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 Clarkton for each bedroom size?

Occupied Rental Units by Size in Clarkton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 10 30 58 23
Occupied Rental Units by Size in Clarkton

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

Among renter households in this market, 36 percent have housing cost burden. Further, 32 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 Clarkton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $687 to $1,313. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $687
One BR $691
Two BR $856
Three BR $1,137
Four BR $1,313
2024 Fair Market Rents in Clarkton, North Carolina

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

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 10 100 percent
Two BR 10 33 percent
Rental Units Below FMR in Clarkton, North Carolina

How many affordable rental units are in Clarkton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 20
Public Housing 52
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Clarkton, North Carolina

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

Income Based Apartments in Clarkton, North Carolina

Clarkton features 72 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 Clarkton, North Carolina

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

Housing Choice Vouchers in Clarkton, North Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.