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

Discover affordable housing in Morganton where there are 21+ 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.

Sienna Apartments

607 Valdese Ave. #100 , Morganton, North Carolina 28655

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Willow Run

125 Willow Run Drive, Morganton, North Carolina 28655

switch_access_shortcut Short Wait
accessibility Accessible

Glenwood Hills

1300 Burkemont Ave, Morganton, North Carolina 28655

switch_access_shortcut Short Wait
accessibility Accessible

Willow Ridge

105 Willow Run Drive, Morganton, North Carolina 28655

switch_access_shortcut Short Wait
accessibility Accessible

Morgan Hills Apartments

906 Jamestown Rd, Morganton, North Carolina 28655

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Village Creek Apartments

1515 S Sterling St, Morganton, North Carolina 28655

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Millside Manor Apartments

101 Gillam Street, Morganton, North Carolina 28655

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Southmont Apartments

408 W Concord St, Morganton, North Carolina 28655

payment Subsidized

The Willows Apartments

405 Old NC 18, Morganton, North Carolina 28655

switch_access_shortcut Short Wait
accessibility Accessible

Meadow Brook

102 Fiddlers Ct, Morganton, North Carolina 28655

switch_access_shortcut Short Wait
accessibility Accessible

Chc of Burke 1

114 W Erwin St, Morganton, North Carolina 28655

payment Subsidized
accessibility Accessible
accessible_forward Disability

Cac of Burke Co.

206 Lenoir St, Morganton, North Carolina 28655

payment Subsidized
accessibility Accessible
accessible_forward Disability

Green Acres Apartments

111 Johnson St, Morganton, North Carolina 28655

payment Subsidized

Chc of Burke Co. 2

407 N College St, Morganton, North Carolina 28655

payment Subsidized
accessibility Accessible
accessible_forward Disability

Arc Hds Burke Co Gh 1

101 Stephens Dr, Morganton, North Carolina 28655

switch_access_shortcut Short Wait

Arc Hds Burke Co Gh 3

166 Vfw Rd, Morganton, North Carolina 28655

payment Subsidized
accessibility Accessible
accessible_forward Disability

Sterling Forest Apartments

Sterling Forest Dr, Morganton, North Carolina 28655

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Stonebridge Apartments

151 Stonebridge Dr Apt I, Morganton, North Carolina

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Willow Run Llc

405 Old Highway 18, Morganton, North Carolina 28655

Providence Place

101 Virginia St, Morganton, North Carolina 28655

payment Subsidized

How To Identify Affordable Housing in Morganton, 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 Morganton, 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 Morganton, North Carolina Affordable Housing ↓

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

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

How many renters live in Morganton, North Carolina?

The City of Morganton has people living in households.

There are renters living in renter households in this City. Renters make up 43.94 percent of the population living in Morganton.

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

There are an estimated housing units in the Morganton area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Morganton, North Carolina, there are 1.07 rental units.

What is the vacancy rate for rentals in Morganton?

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

Occupied Rental Units by Size in Morganton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
30 484 1,689 858 67
Occupied Rental Units by Size in Morganton

A large number of apartments in Morganton 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 Morganton

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 Morganton, North Carolina

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

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 7 23 percent
One BR 376 78 percent
Two BR 1,286 76 percent
Rental Units Below FMR in Morganton, North Carolina

How many affordable rental units are in Morganton?

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

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

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

Income Based Apartments in Morganton, North Carolina

Morganton features 529 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 Morganton, North Carolina

There are 314 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Morganton.

Housing Choice Vouchers in Morganton, North Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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