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

Discover affordable housing in Iredell County where there are 82+ 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.

Windrush Apartments

2107 Windrush Ct, Statesville, North Carolina 28625

bed 2-4
payment $1291-1663/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Oak Hill Apartments

831 Beaty St , Davidson, North Carolina 28036

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Park Place II

119 Creekridge Circle, Mooresville, North Carolina 28115

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

The Bungalows

328 Jetton St, Davidson, North Carolina 28036

switch_access_shortcut Short Wait
accessibility Accessible

Stonecreek Apartments

130 J C Cir, Mooresville, North Carolina 28115

bed 2-4
payment $1199-1399/mo.
switch_access_shortcut Short Wait
accessibility Accessible

The Meadows

126 Meadows Park Loop, Troutman, North Carolina 28166

bed 1-3
payment $324-995/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Greylin Ridge Apartments

107 Greylin Loop, Statesville, North Carolina 28625

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Park Avenue Place Apartments

400 W Park Ave, Mooresville, North Carolina 28115

switch_access_shortcut Short Wait
accessibility Accessible

Cascade Garden Apartments

707 Cascade St, Mooresville, North Carolina 28115

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Sedgefield Apartments

451 Hillside Drive, Mooresville, North Carolina 28115

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Hillside Apartments

451 Hillside Drive, Mooresville, North Carolina 28115

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Summit Village Apartments

1353 Pearl St, Statesville, North Carolina 28677

payment Subsidized

Statesville Elderly Housing - Emmanuels Place

700 Wils Way, Statesville, North Carolina 28677

payment Subsidized
elderly Senior
accessibility Accessible

Mooresville Manor

323 E Statesville Ave, Mooresville, North Carolina 28115

payment Subsidized
elderly Senior
accessibility Accessible

Meadowlark Glen Apartments

739 Lark Glen Dr, Mooresville, North Carolina 28115

payment Subsidized

Church Street Apartments

241 S Church St, Mooresville, North Carolina 28115

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

Plaza Apartments ( the )

120 S Meeting St, Statesville, North Carolina 28677

payment Subsidized

Kings Grant II

410 Kings Grant Ct, Statesville, North Carolina 28625

payment Subsidized

The Retreat at Statesville

194 North Pointe Blvd , Statesville, North Carolina 2862

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Summit Village

1353 Pearl St, Statesville, North Carolina 28677

bed 1-3
payment Subsidized

How To Identify Affordable Housing in Iredell County, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Iredell County, North Carolina
$22.86/hour
$15.61 (+215%) more than North Carolina minimum wage and $15.61 (+215%) more than the Federal minimum wage.
Learn More About Iredell County, North Carolina Affordable Housing ↓

What HUD offices serve Iredell 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), Public Housing programs for Iredell County, North Carolina.

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

How many renters live in Iredell County, North Carolina?

The County of Iredell County has people living in households.

There are renters living in renter households in this County. Renters make up 22.75 percent of the population living in Iredell County.

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

There are an estimated housing units in the Iredell County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Iredell County, North Carolina, there are 1.08 rental units.

What is the vacancy rate for rentals in Iredell County?

The rental vacancy rate in Iredell County is 7 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 Iredell County for each bedroom size?

Occupied Rental Units by Size in Iredell County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
233 3,300 10,924 5,900 1,018
Occupied Rental Units by Size in Iredell County

A large number of apartments in Iredell County 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 Iredell County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,046 to $2,048. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,046
One BR $1,075
Two BR $1,207
Three BR $1,652
Four BR $2,048
2024 Fair Market Rents in Iredell County, North Carolina

How many units are rented at Fair Market Rent (FMR) in Iredell 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 148 64 percent
One BR 1,446 44 percent
Two BR 5,954 55 percent
Rental Units Below FMR in Iredell County, North Carolina

How many affordable rental units are in Iredell County?

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

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

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

Income Based Apartments in Iredell County, North Carolina

Iredell County features 1,198 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 Iredell County, North Carolina

There are 1,397 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Iredell County.

Housing Choice Vouchers in Iredell County, North Carolina

On average, Section 8 Housing Choice vouchers pay Iredell County landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Iredell County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Iredell County, North Carolina for a two-bedroom apartment is between $1,086 and $1,328.

Sourced from federal housing data and AffordableHousingOnline.com research.

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