What HUD offices serve Rural Hall, 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.
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Rural Hall.
How many renters live in Rural Hall, North Carolina?
The City of Rural Hall has 3,376 people living in 1,637 households.
There are 1,063 renters living in 491 renter households in this City. Renters make up 31.49 percent of the population living in Rural Hall.
What is the rental market like in Rural Hall, North Carolina?
There are an estimated 1,790 housing units in the Rural Hall area. Of these, 581 units are rental homes, making up 32 percent of the housing market. For every renter household in Rural Hall, North Carolina, there are 1 rental units.
What is the vacancy rate for rentals in Rural Hall?
The rental vacancy rate in Rural Hall is 15 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 Rural Hall for each bedroom size?
Occupied Rental Units by Size in Rural Hall
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 11 | 93 | 235 | 141 | 0 |
Occupied Rental Units by Size in Rural Hall
A large number of apartments in Rural Hall 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 Rural Hall are overburdened by housing costs?
Among renter households in this market, 33 percent have housing cost burden. Further, 28 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 Rural Hall
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 Rural Hall, North Carolina
How many units are rented at Fair Market Rent (FMR) in Rural Hall?
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 | 6 | 55 percent |
| One BR | 74 | 80 percent |
| Two BR | 184 | 78 percent |
Rental Units Below FMR in Rural Hall, North Carolina
How many affordable rental units are in Rural Hall?
There are a variety of federal affordable housing programs serving households in Rural Hall, North Carolina including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 32 |
| Section 8 Project-Based Rental Assistance | 21 |
Tracked Units by Federal Program in Rural Hall, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Rural Hall, North Carolina
Rural Hall features 32 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 Rural Hall, North Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rural Hall.
Housing Choice Vouchers in Rural Hall, North Carolina
On average, Section 8 Housing Choice vouchers pay Rural Hall landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Rural Hall.
The maximum amount a voucher would pay on behalf of a low-income tenant in Rural Hall, North Carolina for a two-bedroom apartment is between $999 and $1,221.
Sourced from federal housing data and AffordableHousingOnline.com research.
