Low Income Apartments and Affordable Housing For Rent in Sunset Beach, NC

Discover affordable housing in Sunset Beach where there are 1+ 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.

Artesa Village Apartments

7828 High Market Street, Sunset Beach, North Carolina 28468

bed 1-3
auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Sunset Beach, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sunset Beach, North Carolina
$21.44/hour
$14.19 (+196%) more than North Carolina minimum wage and $14.19 (+196%) more than the Federal minimum wage.
Learn More About Sunset Beach, North Carolina Affordable Housing ↓

What HUD offices serve Sunset Beach, 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 Sunset Beach, North Carolina.

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

How many renters live in Sunset Beach, North Carolina?

The City of Sunset Beach has people living in households.

There are renters living in renter households in this City. Renters make up 14.56 percent of the population living in Sunset Beach.

What is the rental market like in Sunset Beach, North Carolina?

There are an estimated housing units in the Sunset Beach area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Sunset Beach, North Carolina, there are 2.71 rental units.

What is the vacancy rate for rentals in Sunset Beach?

The rental vacancy rate in Sunset Beach is 58 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 Sunset Beach for each bedroom size?

Occupied Rental Units by Size in Sunset Beach
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 12 173 120 18
Occupied Rental Units by Size in Sunset Beach

A large number of apartments in Sunset Beach 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 Sunset Beach

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $951 to $1,921. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $951
One BR $1,008
Two BR $1,132
Three BR $1,595
Four BR $1,921
2024 Fair Market Rents in Sunset Beach, North Carolina

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

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
One BR 12 100 percent
Two BR 168 97 percent
Rental Units Below FMR in Sunset Beach, North Carolina

How many affordable rental units are in Sunset Beach?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Tracked Units by Federal Program in Sunset Beach, North Carolina

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

Income Based Apartments in Sunset Beach, North Carolina

Sunset Beach features 0 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 Sunset Beach, North Carolina

There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sunset Beach.

Housing Choice Vouchers in Sunset Beach, North Carolina

On average, Section 8 Housing Choice vouchers pay Sunset Beach landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sunset Beach.

The maximum amount a voucher would pay on behalf of a low-income tenant in Sunset Beach, North Carolina for a two-bedroom apartment is between $1,019 and $1,245.

Sourced from federal housing data and AffordableHousingOnline.com research.