What HUD offices serve Fair Bluff, 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.
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Fair Bluff.
How many renters live in Fair Bluff, North Carolina?
The City of Fair Bluff has 437 people living in 220 households.
There are 124 renters living in 51 renter households in this City. Renters make up 28.38 percent of the population living in Fair Bluff.
What is the rental market like in Fair Bluff, North Carolina?
There are an estimated 414 housing units in the Fair Bluff area. Of these, 136 units are rental homes, making up 33 percent of the housing market. For every renter household in Fair Bluff, North Carolina, there are 3 rental units.
What is the vacancy rate for rentals in Fair Bluff?
The rental vacancy rate in Fair Bluff is 35 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 Fair Bluff for each bedroom size?
Occupied Rental Units by Size in Fair Bluff
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 10 | 18 | 23 | 0 |
Occupied Rental Units by Size in Fair Bluff
A large number of apartments in Fair Bluff 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 Fair Bluff are overburdened by housing costs?
Among renter households in this market, 65 percent have housing cost burden. Further, 10 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 Fair Bluff
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $647 to $1,140. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $647 |
| One BR | $651 |
| Two BR | $856 |
| Three BR | $1,035 |
| Four BR | $1,140 |
2024 Fair Market Rents in Fair Bluff, North Carolina
How many units are rented at Fair Market Rent (FMR) in Fair Bluff?
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 | 8 | 44 percent |
Rental Units Below FMR in Fair Bluff, North Carolina
How many affordable rental units are in Fair Bluff?
There are a variety of federal affordable housing programs serving households in Fair Bluff, North Carolina including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 33 |
| USDA Section 515 Rural Rental Housing | 33 |
Tracked Units by Federal Program in Fair Bluff, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fair Bluff, North Carolina
Fair Bluff features 73 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 Fair Bluff, North Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fair Bluff.
Housing Choice Vouchers in Fair Bluff, North Carolina
On average, Section 8 Housing Choice vouchers pay Fair Bluff landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Fair Bluff.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fair Bluff, North Carolina for a two-bedroom apartment is between $770 and $942.
Sourced from federal housing data and AffordableHousingOnline.com research.
