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

Discover affordable housing in Cleveland 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.

Image of Deer Park Apartments

Deer Park Apartments

300 Academy St, Cleveland, North Carolina 27013

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Cleveland, North Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
 Low income apartments with no or short waiting lists.
payment Subsidized
 Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
 Apartments that accept Section 8 vouchers near you
elderly Senior
 Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
 Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
 Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
 Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cleveland, 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 Cleveland, North Carolina Affordable Housing ↓

What HUD offices serve Cleveland, 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.

Rowan County Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Cleveland, North Carolina.

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

How many renters live in Cleveland, North Carolina?

The City of Cleveland has people living in households.

There are renters living in renter households in this City. Renters make up 34.08 percent of the population living in Cleveland.

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

There are an estimated housing units in the Cleveland area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cleveland, North Carolina, there are 1.22 rental units.

What is the vacancy rate for rentals in Cleveland?

The rental vacancy rate in Cleveland is 18 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 Cleveland for each bedroom size?

Occupied Rental Units by Size in Cleveland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 2 114 18 0
Occupied Rental Units by Size in Cleveland

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

How Much Is Rent in Cleveland

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 Cleveland, North Carolina

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

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 5 100 percent
One BR 1 50 percent
Two BR 94 82 percent
Rental Units Below FMR in Cleveland, North Carolina

How many affordable rental units are in Cleveland?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Cleveland, North Carolina

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

Income Based Apartments in Cleveland, North Carolina

Cleveland features 32 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 Cleveland, North Carolina

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

Housing Choice Vouchers in Cleveland, North Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.