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

Discover affordable housing in Jefferson where there are 7+ 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.

Mountain Village Apartments

200 Luther Rd, Jefferson, North Carolina 28640

Jefferson View Apartments

174 Jefferson View Ln, Jefferson, North Carolina 28640

Historic Ashe Hospital

410 MCCONNELL ST, Jefferson, North Carolina 28640

Oak Grove Village

401 Oak Grove Cir, Jefferson, North Carolina 28640

Arc Hds Ashe Co Apartments

258 Knollview Dr, Jefferson, North Carolina 28640

Arc Hds Ashe Co Gh

342 Long St, Jefferson, North Carolina 28640

Arc Hds Ashe Co Gh 2

120 Ashe St, Jefferson, North Carolina 28640

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Jefferson, North Carolina
$16.21/hour
$8.96 (+124%) more than North Carolina minimum wage and $8.96 (+124%) more than the Federal minimum wage.
Learn More About Jefferson, North Carolina Affordable Housing ↓

How many renters live in Jefferson, North Carolina?

The City of Jefferson has 1,872 people living in 754 households.

There are 757 renters living in 394 renter households in this City. Renters make up 40.44 percent of the population living in Jefferson.

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

There are an estimated 860 housing units in the Jefferson area. Of these, 394 units are rental homes, making up 46 percent of the housing market. For every renter household in Jefferson, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Jefferson?

The rental vacancy rate in Jefferson is 0 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 Jefferson for each bedroom size?

Occupied Rental Units by Size in Jefferson
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 110 235 46 0
Occupied Rental Units by Size in Jefferson

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

Among renter households in this market, 36 percent have housing cost burden. Further, 12 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 Jefferson

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $674 to $1,224. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $674
One BR $678
Two BR $856
Three BR $1,089
Four BR $1,224
2024 Fair Market Rents in Jefferson, North Carolina

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

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 72 65 percent
Two BR 191 81 percent
Rental Units Below FMR in Jefferson, North Carolina

How many affordable rental units are in Jefferson?

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

Federal Program Unit Count
Low Income Housing Tax Credit 166
Section 8 Project-Based Rental Assistance 6
Section 811 Supportive Housing for Persons with Disabilities 9
USDA Section 515 Rural Rental Housing 60
Tracked Units by Federal Program in Jefferson, North Carolina

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

Income Based Apartments in Jefferson, North Carolina

Jefferson features 125 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 Jefferson, North Carolina

There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jefferson.

Housing Choice Vouchers in Jefferson, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Jefferson, North Carolina for a two-bedroom apartment is between $770 and $942.

Sourced from federal housing data and AffordableHousingOnline.com research.