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

Discover affordable housing in Mocksville 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.

Camden Pointe Apartments

123 Camden Pointe Court, Mocksville, North Carolina 27028

Mocksville Pointe Apartments

187 Koontz Road, Mocksville, North Carolina 27028

Willow Pond

891 Yadkinville Rd, Mocksville, North Carolina 27028

Glen Apartments & Mocksville

300 Milling Rd, Mocksville, North Carolina 27028

Cedar Ridge

1000 Hardison Street, Mocksville, North Carolina 27028

Rowan Pointe

133 Wilhaven Dr, Mocksville, North Carolina 27028

Arc Hds Davie Co Gh

253 Milling Rd, Mocksville, North Carolina 27028

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 Mocksville, North Carolina
$21.02/hour
$13.77 (+190%) more than North Carolina minimum wage and $13.77 (+190%) more than the Federal minimum wage.
Learn More About Mocksville, North Carolina Affordable Housing ↓

What HUD offices serve Mocksville, 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) programs for Mocksville, North Carolina.

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

How many renters live in Mocksville, North Carolina?

The City of Mocksville has 5,908 people living in 2,202 households.

There are 2,188 renters living in 918 renter households in this City. Renters make up 37.03 percent of the population living in Mocksville.

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

There are an estimated 2,485 housing units in the Mocksville area. Of these, 918 units are rental homes, making up 37 percent of the housing market. For every renter household in Mocksville, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Mocksville?

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

Occupied Rental Units by Size in Mocksville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
63 222 337 273 0
Occupied Rental Units by Size in Mocksville

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

Among renter households in this market, 43 percent have housing cost burden. Further, 21 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 Mocksville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $897 to $1,671. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $897
One BR $936
Two BR $1,110
Three BR $1,452
Four BR $1,671
2024 Fair Market Rents in Mocksville, North Carolina

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

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 51 81 percent
One BR 197 89 percent
Two BR 266 79 percent
Rental Units Below FMR in Mocksville, North Carolina

How many affordable rental units are in Mocksville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 260
Section 8 Project-Based Rental Assistance 82
USDA Section 515 Rural Rental Housing 84
Tracked Units by Federal Program in Mocksville, North Carolina

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

Income Based Apartments in Mocksville, North Carolina

Mocksville features 59 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 Mocksville, North Carolina

There are 236 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mocksville.

Housing Choice Vouchers in Mocksville, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mocksville, North Carolina for a two-bedroom apartment is between $999 and $1,221.

Sourced from federal housing data and AffordableHousingOnline.com research.