. Low Income Apartments For Rent in Aberdeen, North Carolina - Affordable Housing Online

Woodlawn Apartments

700 Magnolia Dr
Aberdeen, North Carolina
Subsidized
Rent Assisted
LIHTC
RDRA

Woodgreen Apartments II

1100 Bradford Dr
Aberdeen, North Carolina
Rent Assisted
HOME

Woodgreen Apartments

300 Bradford Dr
Aberdeen, North Carolina
Rent Assisted
LIHTC

Pine Hill Apartments

221 Keith St
Aberdeen, North Carolina
Subsidized
PBRA

Providence Place V

18 Providence Pl
Aberdeen, North Carolina
Subsidized
Senior
S. 202

Arc Hds Moore County Quadraplex

715 E South St
Aberdeen, North Carolina
Subsidized
Supportive
S. 811 Supportive

Providence Place II

300 Providence Pl
Aberdeen, North Carolina
Subsidized
Senior
S. 202

Pines of Aberdeen

100 Providence Pl
Aberdeen, North Carolina
Subsidized
Senior
S. 202

Cahi Aberdeen Group Home

101 Michael Ln
Aberdeen, North Carolina
Subsidized
Supportive
S. 811 Supportive
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There are 88 low-income apartments in Aberdeen that offer reduced rents to eligible households.

Rental assistance programs support 179 low-income homes in Aberdeen where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $417 towards rent each month.

Affordable rent data for some communities last confirmed on July 19th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Aberdeen, North Carolina Affordable Housing Data

Income Based Apartments in Aberdeen, North Carolina

Aberdeen features 179 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 Aberdeen, North Carolina

There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Aberdeen.

Housing Choice Vouchers in Aberdeen, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Aberdeen, North Carolina for a two-bedroom apartment is between $822 and $1,004.

2023 Aberdeen, North Carolina Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Aberdeen, North Carolina Fair Market Rent $774 $808 $913 $1,276 $1,555
Aberdeen, North Carolina Payment Standard Range $697 to $851 $727 to $889 $822 to $1,004 $1,148 to $1,404 $1,400 to $1,711

Sourced from federal housing data and AffordableHousingOnline.com research.

Aberdeen, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 267
Total Housing Units with Rental Assistance 179
Percentage of Housing Units Occupied By Renters 56.51%
Average Renter Household Size 2.36
Average Household Size 2.50
Median Household Income $46,932 ±$11,054
Median Rent $772 ±$29
Percentage Of Renters Overburdened 32.57% ± 10pp
Total Population 6,914

Population and Household Demographics

Aberdeen is a city in Moore County, North Carolina with a population of 6,914. There are 2,695 households in the city with an average household size of 2.50 persons. 56.51% of households in Aberdeen are renters.

Income and Rent Overburden in Aberdeen

The median gross income for households in Aberdeen is $46,932 a year, or $3,911 a month. The median rent for the city is $772 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Aberdeen, a household making less than $2,573 a month would be considered overburdened when renting an apartment at or above the median rent. 32.57% of households who rent are overburdened in Aberdeen.

Area Median Income In Aberdeen

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Aberdeen, the AMI is calculated from all households within Moore County.

In Aberdeen, HUD calculates the Area Median Income for a family of four as $98,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Aberdeen

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Aberdeen

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Aberdeen AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,050 $21,750 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Aberdeen AMI may qualify for rental assistance programs that target Very Low Income households.
$31,700 $36,200 $40,750 $45,250 $48,900 $52,500 $56,150 $59,750
80% AMI Income Limits
Renters earning up to 80% of the Aberdeen AMI may qualify for rental assistance programs that target Low Income households.
$50,700 $57,950 $65,200 $72,400 $78,200 $84,000 $89,800 $95,600