Low Income Apartments and Affordable Housing For Rent in Randolph County, NC

Discover affordable housing in Randolph County where there are 29+ 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.

Rama Woods Apartments

200-A Reece Ave, Randleman, North Carolina 27317

Windsor Place Apartments

201 Windsor Place Circle, Randleman, North Carolina 27317

King Hill Apartments

4724 Huntingwood Rd, Ramseur, North Carolina 27316

Randolph Hill Apartments

151 King Rd, Ramseur, North Carolina 27316

Meadowview Apartments

529 E Worthville St, Randleman, North Carolina 27317

River Pointe Apartments

6 River Pointe Dr, Randleman, North Carolina 27317

Asheboro Summit

156 E. Academy St., Asheboro, North Carolina 27203

Asheboro Mill Lofts

230 W Academy St, Asheboro, North Carolina 27203

North Forest Apartments

1819 N Fayetteville St, Asheboro, North Carolina 27203

Caspn Lp

945 S Church St, Asheboro, North Carolina 27203

Liberty Village Apartments

234 W Brower Ave, Liberty, North Carolina 27298

Breeze Hill Apartments

1034 Breeze Hill Rd, Asheboro, North Carolina 27203

Asheboro Summit

156 E Academy Street, Asheboro, North Carolina 27203

Coleridge Road Apartments

1101 Kemp Blvd, Asheboro, North Carolina 27203

Church Street Lofts

152 Church St., Asheboro, North Carolina 27203

Sherwood Place

1000 Sherwood Ave, Asheboro, North Carolina 27205

Village at Stone Creek

514 Martin Luther King Jr Dr, Asheboro, North Carolina 27203

Asheboro Housing

364 Starr Ct, Asheboro, North Carolina 27203

East Side Homes

414 Watkins St, Asheboro, North Carolina 27203

Chc of Randolph Co.

218 Pineview St, Asheboro, North Carolina 27203

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Randolph County, North Carolina
$22.16/hour
$14.91 (+206%) more than North Carolina minimum wage and $14.91 (+206%) more than the Federal minimum wage.
Learn More About Randolph County, North Carolina Affordable Housing ↓

How many renters live in Randolph County, North Carolina?

The County of Randolph County has 146,043 people living in 58,218 households.

There are 34,498 renters living in 14,812 renter households in this County. Renters make up 23.62 percent of the population living in Randolph County.

What is the rental market like in Randolph County, North Carolina?

There are an estimated 62,249 housing units in the Randolph County area. Of these, 15,508 units are rental homes, making up 25 percent of the housing market. For every renter household in Randolph County, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Randolph County?

The rental vacancy rate in Randolph County is 4 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 Randolph County for each bedroom size?

Occupied Rental Units by Size in Randolph County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
279 2,650 5,933 5,091 529
Occupied Rental Units by Size in Randolph County

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

Among renter households in this market, 34 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 Randolph County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,011 to $1,680. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,011
One BR $1,042
Two BR $1,170
Three BR $1,493
Four BR $1,680
2024 Fair Market Rents in Randolph County, North Carolina

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

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 202 72 percent
One BR 2,419 91 percent
Two BR 5,163 87 percent
Rental Units Below FMR in Randolph County, North Carolina

How many affordable rental units are in Randolph County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 686
Public Housing 280
Section 8 Project-Based Rental Assistance 352
Section 811 Supportive Housing for Persons with Disabilities 23
USDA Section 515 Rural Rental Housing 194
Tracked Units by Federal Program in Randolph County, North Carolina

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

Income Based Apartments in Randolph County, North Carolina

Randolph County features 845 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 Randolph County, North Carolina

There are 650 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Randolph County.

Housing Choice Vouchers in Randolph County, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Randolph County, North Carolina for a two-bedroom apartment is between $1,053 and $1,287.

Sourced from federal housing data and AffordableHousingOnline.com research.