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

Discover affordable housing in Rockingham 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.

Greenridge Apartments

200 Greenridge Drive, Rockingham, North Carolina 28379

Cameron Grove

150 Lady Mary Lane, Rockingham, North Carolina 28379

Gardenwood Apartments

1234 Cauthen Dr, Rockingham, North Carolina 28379

The Pines Apartments

135 Lady Mary Ln, Rockingham, North Carolina 28379

Pine Ridge Homes

1035 Pineridge Dr, Rockingham, North Carolina 28379

Holiday Village Apartments

Shannon Dr, Rockingham, North Carolina 28379

Magnolia Apartments ( Phase I )

100 Block of Mallard Ln, Rockingham, North Carolina 28379

Lenox Station Apartments

510 S Caroline Street, Rockingham, North Carolina 28379

Timber Ridge Apartments

515 Steele Street, Rockingham, North Carolina 28379

Crown Pointe Apartments

1247 Cauthen Dr, Rockingham, North Carolina 28379

Fountain Pointe

192 Clemmer Rd, Rockingham, North Carolina 28379

Falling Creek Village

157 Lady Mary Ln, Rockingham, North Carolina 28379

Cac of Richmond County 2

270 McArthur Dr, Rockingham, North Carolina 28379

Village Green Apartments

1003 Beaverwood Ct, Rockingham, North Carolina 28379

Arc Hds Sandhills Icf Mr Group Home

142 Mallard Ln, Rockingham, North Carolina 28379

Arc Hds Richmond County Apartments ( Quadruplex )

534 Steele St, Rockingham, North Carolina 28379

Harrington Place

615 Gore Dr, Rockingham, North Carolina 28379

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

What HUD offices serve Rockingham, 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 Rockingham, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Rockingham, North Carolina.

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

How many renters live in Rockingham, North Carolina?

The City of Rockingham has 9,174 people living in 3,820 households.

There are 3,580 renters living in 1,674 renter households in this City. Renters make up 39.02 percent of the population living in Rockingham.

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

There are an estimated 4,371 housing units in the Rockingham area. Of these, 1,792 units are rental homes, making up 41 percent of the housing market. For every renter household in Rockingham, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Rockingham?

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

Occupied Rental Units by Size in Rockingham
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
510 239 528 320 77
Occupied Rental Units by Size in Rockingham

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

Among renter households in this market, 52 percent have housing cost burden. Further, 36 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 Rockingham

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $720 to $1,453. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $720
One BR $762
Two BR $856
Three BR $1,206
Four BR $1,453
2024 Fair Market Rents in Rockingham, North Carolina

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

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 417 82 percent
One BR 210 88 percent
Two BR 310 59 percent
Rental Units Below FMR in Rockingham, North Carolina

How many affordable rental units are in Rockingham?

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

Federal Program Unit Count
Low Income Housing Tax Credit 313
Public Housing 224
Section 8 Project-Based Rental Assistance 189
Section 202 Supportive Housing for the Elderly 38
Section 811 Supportive Housing for Persons with Disabilities 14
USDA Section 515 Rural Rental Housing 190
Tracked Units by Federal Program in Rockingham, North Carolina

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

Income Based Apartments in Rockingham, North Carolina

Rockingham features 630 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 Rockingham, North Carolina

There are 220 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rockingham.

Housing Choice Vouchers in Rockingham, North Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.