Low Income Apartments and Affordable Housing For Rent in Gaston County, NC

Discover affordable housing in Gaston County where there are 84+ 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.

Long Creek Apartments

1005 Millington Cir, Dallas, North Carolina 28034

Forbes Manor

4200 Forbes Rd, Gastonia, North Carolina 28054

Long Creek Apartments II

1005 Millington Cir, Dallas, North Carolina 28034

The Villas at Union Trace

725 Wellons Drive, Gastonia, North Carolina 28054

Abbington Apartments

2004 Castleton Ct, Belmont, North Carolina 28012

Cherrywood Apartments

510 Office Lane, Cherryville, North Carolina 28021

Hoffman Homes

2263 Cordoba St, Gastonia, North Carolina 28054

Church Hill Apartments

411 N Pine St, Cherryville, North Carolina 28021

Perfection Park Senior Apartments

3030 Perfection Place Ct, Belmont, North Carolina 28012

Catherine Booth Gardens

1436 Union Rd, Gastonia, North Carolina 28054

Mercy Place Belmont

6531 W Wilkinson Blvd, Belmont, North Carolina 28012

Village Square Apartments

1400 Paige Ct, Gastonia, North Carolina 28054

Lincoln Terrace Apartments

366 Armstrong Circle, High Shoals, North Carolina 28077

Stonecroft Village Apartments

1001 Farewell Drive, Gastonia, North Carolina 28054

Northgate Apartments

101 Northgate Ln, Bessemer City, North Carolina 28016

Oak Forest Apartments

121 Oak Forest Ln, Dallas, North Carolina 28034

Catawba Creek Villas

4025 Gaston Day School Rd., Gastonia, North Carolina 28054

Parkside at Hudson

721 Day Lily Circle, Gastonia, North Carolina 28506

Glenwood Gardens

2151 Glenwood Drive, Gastonia, North Carolina 28054

The Lofts at Union Crossing

2708 Union Rd., Gastonia, North Carolina 28054

calendar_today Opened: Oct 1
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Gaston County, North Carolina
$29.43/hour
$22.18 (+306%) more than North Carolina minimum wage and $22.18 (+306%) more than the Federal minimum wage.
Learn More About Gaston County, North Carolina Affordable Housing ↓

What HUD offices serve Gaston County, 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), Rental Assistance Demonstration (RAD) programs for Gaston County, North Carolina.

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

How many renters live in Gaston County, North Carolina?

The County of Gaston County has 234,215 people living in 95,687 households.

There are 68,008 renters living in 30,099 renter households in this County. Renters make up 29.04 percent of the population living in Gaston County.

What is the rental market like in Gaston County, North Carolina?

There are an estimated 98,616 housing units in the Gaston County area. Of these, 31,939 units are rental homes, making up 32 percent of the housing market. For every renter household in Gaston County, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Gaston County?

The rental vacancy rate in Gaston County 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 Gaston County for each bedroom size?

Occupied Rental Units by Size in Gaston County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
365 4,368 14,977 8,667 1,722
Occupied Rental Units by Size in Gaston County

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

Among renter households in this market, 44 percent have housing cost burden. Further, 23 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 Gaston County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,347 to $2,481. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,347
One BR $1,384
Two BR $1,554
Three BR $1,936
Four BR $2,481
2024 Fair Market Rents in Gaston County, North Carolina

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

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 222 61 percent
One BR 4,028 92 percent
Two BR 12,689 85 percent
Rental Units Below FMR in Gaston County, North Carolina

How many affordable rental units are in Gaston County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 2,469
Public Housing 96
Section 8 Project-Based Rental Assistance 648
Section 202 Supportive Housing for the Elderly 121
Section 811 Supportive Housing for Persons with Disabilities 70
USDA Section 515 Rural Rental Housing 314
Tracked Units by Federal Program in Gaston County, North Carolina

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

Income Based Apartments in Gaston County, North Carolina

Gaston County features 1,506 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 Gaston County, North Carolina

There are 1,510 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gaston County.

Housing Choice Vouchers in Gaston County, North Carolina

On average, Section 8 Housing Choice vouchers pay Gaston County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Gaston County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Gaston County, North Carolina for a two-bedroom apartment is between $1,399 and $1,709.

Sourced from federal housing data and AffordableHousingOnline.com research.