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

Discover affordable housing in Erwin where there are 3+ 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.

Erwin Elderly Housing

201 E L St, Erwin, North Carolina 28339

Oakdale II Apartments

605 Triton Court, Erwin, North Carolina 28339

Oakdale Village

604 N 12th Street, Erwin, North Carolina 28339

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Erwin, North Carolina
$21.33/hour
$14.08 (+194%) more than North Carolina minimum wage and $14.08 (+194%) more than the Federal minimum wage.
Learn More About Erwin, North Carolina Affordable Housing ↓

What HUD offices serve Erwin, 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, Homeownership Voucher, Family Self-Sufficiency, Rental Assistance Demonstration (RAD) programs for Erwin, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Erwin, North Carolina.

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

How many renters live in Erwin, North Carolina?

The City of Erwin has 4,606 people living in 1,668 households.

There are 1,515 renters living in 544 renter households in this City. Renters make up 32.89 percent of the population living in Erwin.

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

There are an estimated 1,900 housing units in the Erwin area. Of these, 641 units are rental homes, making up 34 percent of the housing market. For every renter household in Erwin, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Erwin?

The rental vacancy rate in Erwin is 15 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 Erwin for each bedroom size?

Occupied Rental Units by Size in Erwin
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 62 179 288 9
Occupied Rental Units by Size in Erwin

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

Among renter households in this market, 51 percent have housing cost burden. Further, 14 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 Erwin

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $851 to $1,911. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $851
One BR $857
Two BR $1,126
Three BR $1,587
Four BR $1,911
2024 Fair Market Rents in Erwin, North Carolina

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

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 53 85 percent
Two BR 113 63 percent
Rental Units Below FMR in Erwin, North Carolina

How many affordable rental units are in Erwin?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 36
Section 202 Supportive Housing for the Elderly 3
USDA Section 515 Rural Rental Housing 64
Tracked Units by Federal Program in Erwin, North Carolina

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

Income Based Apartments in Erwin, North Carolina

Erwin features 94 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 Erwin, North Carolina

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

Housing Choice Vouchers in Erwin, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Erwin, North Carolina for a two-bedroom apartment is between $1,013 and $1,239.

Sourced from federal housing data and AffordableHousingOnline.com research.