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

Discover affordable housing in Lenoir where there are 17+ 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.

Woodcrest Apartments

226 Wilson St NW, Lenoir, North Carolina 28645

Stonewall Square

415 Stonewall St NW, Lenoir, North Carolina 28645

Cross Creek Apartments

1902 Hickory Blvd SW, Lenoir, North Carolina 28645

Cedar Run Apartments

124 Cedar Run St NE, Lenoir, North Carolina 28645

Arbor Glen

104 Abington Road, Lenoir, North Carolina 28645

Skyland Apartments

506 Lower Creek Dr , Lenoir, North Carolina 28645

Koinonia Apartments

318 Main St NW, Lenoir, North Carolina 28645

Caldwell Gardens

1302 Piedmont Dr NW, Lenoir, North Carolina 28645

Kattz Corner

316 Lower Creek Dr., Lenoir, North Carolina 28645

East Harper Street Apartments

305 Todd St NW, Lenoir, North Carolina 28645

Koinonia II Apartments

314 Main St NW, Lenoir, North Carolina 28645

Lhs Apartments

102 Willow St SW, Lenoir, North Carolina 28645

Cac of Caldwell Co.

1125 Fairview Dr SW, Lenoir, North Carolina 28645

Arc Hds Caldwell Co Gh 2

713 Severt Cir, Lenoir, North Carolina 28645

Willow Brook Apts

1206 Weaver Ct Ne, Lenoir, North Carolina

Lagrange Villas Lp

W James and N Forbes St, Lenoir, North Carolina 28335

Lenoir Units 1

431 Vance St NW, Lenoir, North Carolina 28645

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lenoir, North Carolina
$19.20/hour
$11.95 (+165%) more than North Carolina minimum wage and $11.95 (+165%) more than the Federal minimum wage.
Learn More About Lenoir, North Carolina Affordable Housing ↓

What HUD offices serve Lenoir, 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 Public Housing programs for Lenoir, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Homeownership, Family Unification Program (FUP) programs for Lenoir, North Carolina.

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

How many renters live in Lenoir, North Carolina?

The City of Lenoir has 18,301 people living in 7,612 households.

There are 5,452 renters living in 2,736 renter households in this City. Renters make up 29.79 percent of the population living in Lenoir.

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

There are an estimated 8,660 housing units in the Lenoir area. Of these, 2,901 units are rental homes, making up 33 percent of the housing market. For every renter household in Lenoir, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Lenoir?

The rental vacancy rate in Lenoir 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 Lenoir for each bedroom size?

Occupied Rental Units by Size in Lenoir
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
113 670 1,291 529 115
Occupied Rental Units by Size in Lenoir

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

Among renter households in this market, 41 percent have housing cost burden. Further, 16 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 Lenoir

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $806 to $1,506. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $806
One BR $834
Two BR $1,014
Three BR $1,314
Four BR $1,506
2024 Fair Market Rents in Lenoir, North Carolina

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

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 113 100 percent
One BR 560 84 percent
Two BR 1,128 87 percent
Rental Units Below FMR in Lenoir, North Carolina

How many affordable rental units are in Lenoir?

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

Federal Program Unit Count
Low Income Housing Tax Credit 615
Public Housing 157
Section 8 Project-Based Rental Assistance 277
Section 811 Supportive Housing for Persons with Disabilities 14
USDA Section 515 Rural Rental Housing 277
Tracked Units by Federal Program in Lenoir, North Carolina

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

Income Based Apartments in Lenoir, North Carolina

Lenoir features 536 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 Lenoir, North Carolina

There are 229 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lenoir.

Housing Choice Vouchers in Lenoir, North Carolina

On average, Section 8 Housing Choice vouchers pay Lenoir landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Lenoir.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lenoir, North Carolina for a two-bedroom apartment is between $913 and $1,115.

Sourced from federal housing data and AffordableHousingOnline.com research.