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

Discover affordable housing in Eden where there are 16+ 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.

Chadwick Apartments

216 N Oakland Avenue, Eden, North Carolina 27288

Riverview Apartments

522 C St, Eden, North Carolina 27288

Parkland Apartments

1229 Norman Dr, Eden, North Carolina 27288

Glenwood Court

207 Madison St, Eden, North Carolina 27288

Hidden Valley Apartments

230 E Harris Pl, Eden, North Carolina 27288

Knollwood Court Apartments

403 Monroe St, Eden, North Carolina 27288

Ashton Way Apartments

325 East Harris Place, Eden, North Carolina 27288

Eden Chase Apartments

305 E Harris Pl, Eden, North Carolina 27288

Brownstone Commons

1030 Georgia Ave, Eden, North Carolina 27288

Harris Pointe

345 E Harris Pl, Eden, North Carolina 27288

Stone Creek Apartments

320 E Harris Pl, Eden, North Carolina 27288

Rhode Island Mill

536 Riverside Dr, Eden, North Carolina 27288

Arc Hds Rockingham County Group Home 6

626 S Madison St, Eden, North Carolina 27288

Arc Hds Rockingham County Group Home 1

908 Church St, Eden, North Carolina 27288

Stoneybrook Apt

108 Stoneybrook Dr, Eden, North Carolina

Norman Court Apts

1227 Norman Dr, Eden, North Carolina

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Eden, North Carolina
$17.69/hour
$10.44 (+144%) more than North Carolina minimum wage and $10.44 (+144%) more than the Federal minimum wage.
Learn More About Eden, North Carolina Affordable Housing ↓

How many renters live in Eden, North Carolina?

The City of Eden has 15,349 people living in 6,266 households.

There are 6,379 renters living in 3,042 renter households in this City. Renters make up 41.56 percent of the population living in Eden.

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

There are an estimated 7,261 housing units in the Eden area. Of these, 3,259 units are rental homes, making up 45 percent of the housing market. For every renter household in Eden, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Eden?

The rental vacancy rate in Eden is 6 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 Eden for each bedroom size?

Occupied Rental Units by Size in Eden
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
142 762 1,242 727 149
Occupied Rental Units by Size in Eden

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

Among renter households in this market, 47 percent have housing cost burden. Further, 21 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 Eden

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,360. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $633
One BR $719
Two BR $934
Three BR $1,198
Four BR $1,360
2024 Fair Market Rents in Eden, North Carolina

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

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 108 76 percent
One BR 537 70 percent
Two BR 877 71 percent
Rental Units Below FMR in Eden, North Carolina

How many affordable rental units are in Eden?

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

Federal Program Unit Count
Low Income Housing Tax Credit 524
Section 8 Project-Based Rental Assistance 217
Section 811 Supportive Housing for Persons with Disabilities 6
USDA Section 515 Rural Rental Housing 252
Tracked Units by Federal Program in Eden, North Carolina

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

Income Based Apartments in Eden, North Carolina

Eden features 381 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 Eden, North Carolina

There are 380 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Eden.

Housing Choice Vouchers in Eden, North Carolina

On average, Section 8 Housing Choice vouchers pay Eden landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Eden.

The maximum amount a voucher would pay on behalf of a low-income tenant in Eden, North Carolina for a two-bedroom apartment is between $841 and $1,027.

Sourced from federal housing data and AffordableHousingOnline.com research.