Low Income Apartments and Affordable Housing For Rent in La Grange, NC

Discover affordable housing in La Grange 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.

Lagrange Village Apartments

108 E James St, La Grange, North Carolina 28551

Lagrange Meadows Apartments

208 E King St, La Grange, North Carolina 28551

Lagrange Villas

101 North Forbes St, La Grange, North Carolina 28551

calendar_today Opened: Mar 20
calendar_today Closes: Apr 5,

Reported On March 20th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In La Grange, 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 La Grange, North Carolina Affordable Housing ↓

What HUD offices serve La Grange, 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 La Grange, North Carolina.

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

How many renters live in La Grange, North Carolina?

The City of La Grange has 2,640 people living in 1,010 households.

There are 992 renters living in 466 renter households in this City. Renters make up 37.58 percent of the population living in La Grange.

What is the rental market like in La Grange, North Carolina?

There are an estimated 1,204 housing units in the La Grange area. Of these, 466 units are rental homes, making up 39 percent of the housing market. For every renter household in La Grange, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in La Grange?

The rental vacancy rate in La Grange 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 La Grange for each bedroom size?

Occupied Rental Units by Size in La Grange
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 82 239 145 0
Occupied Rental Units by Size in La Grange

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

Among renter households in this market, 17 percent have housing cost burden. Further, 11 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 La Grange

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $650 to $1,376. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $650
One BR $654
Two BR $856
Three BR $1,206
Four BR $1,376
2024 Fair Market Rents in La Grange, North Carolina

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

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 47 57 percent
Two BR 150 63 percent
Rental Units Below FMR in La Grange, North Carolina

How many affordable rental units are in La Grange?

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

Federal Program Unit Count
Low Income Housing Tax Credit 144
Section 8 Project-Based Rental Assistance 82
USDA Section 515 Rural Rental Housing 23
Tracked Units by Federal Program in La Grange, North Carolina

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

Income Based Apartments in La Grange, North Carolina

La Grange features 119 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 La Grange, North Carolina

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

Housing Choice Vouchers in La Grange, North Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.