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Affordable Housing In Alexander County
North Carolina

5 Low Income Apartment Communities In Alexander County

Arc Hds Alexander Co Apartments

415 Davis Ave SE
Taylorsville, North Carolina
Subsidized
62+
Accessible
Elderly Supportive Housing

Mountainwood Apartments

100 2nd Ave NW
Taylorsville, North Carolina
Accepts Vouchers

Arc Hds Burke Co Gh 2

438 Old Wilkesboro Rd
Taylorsville, North Carolina
Subsidized
62+
Accessible
Elderly Supportive Housing

Ridgeway Apartments

1st Ave Dr SE
Taylorsville, North Carolina
Accepts Vouchers

Milstead Woods

498 School Dr
Taylorsville, North Carolina
Accepts Vouchers
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Housing Authorities that serve Alexander County

Housing Authority Programs
Western Piedmont Council of Governments Regional Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Alexander County, North Carolina

There are 5 low income housing apartment communities offering 174 affordable apartments for rent in Alexander County, North Carolina.

Income Based Apartments in Alexander County, North Carolina

Alexander County features 14 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 Alexander County, North Carolina

There are 160 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alexander County.

Housing Choice Vouchers in Alexander County, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Alexander County, North Carolina for a two-bedroom apartment is between $641 and $783.

2020 Alexander County, 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
Fair Market Rent $569 $573 $712 $918 $1,035
Payment Standard Range $512 to $626 $516 to $630 $641 to $783 $826 to $1,010 $932 to $1,139

Sourced from federal housing data and AffordableHousingOnline.com research.

Alexander County, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 174
Total Housing Units with Rental Assistance 14
Percentage of Housing Units Occupied By Renters 24.48%
Average Renter Household Size 2.43
Average Household Size 2.65
Median Household Income $39,365 ±$2,873
Median Rent $584 ±$23
Percentage Of Renters Overburdened 36.19% ± 5.77pp
Total Population 37,158

Population and Household Demographics

Alexander County is a county in North Carolina with a population of 37,158. There are 13,581 households in the county with an average household size of 2.65 persons. 24.48% of households in Alexander County are renters.

Income and Rent Overburden in Alexander County

The median gross income for households in Alexander County is $39,365 a year, or $3,280 a month. The median rent for the county is $584 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Alexander County, a household making less than $1,947 a month would be considered overburdened when renting an apartment at or above the median rent. 36.19% of households who rent are overburdened in Alexander County.

Area Median Income In Alexander County

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.

In Alexander County, HUD calculates the Area Median Income for a family of four as $61,000

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 Alexander County

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 Alexander County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $30,680 $34,550 $36,900 $39,300
50% of Median $20,850 $23,800 $26,800 $29,750 $32,150 $34,550 $36,900 $39,300
80% of Median $33,350 $38,100 $42,850 $47,600 $51,450 $55,250 $59,050 $62,850

Cities In Alexander County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Bethlehem The HUD funded Public Housing Agency that serves Bethlehem is the Western Piedmont Council of Governments Regional Housing Authority.
Hiddenite The HUD funded Public Housing Agency that serves Hiddenite is the Western Piedmont Council of Governments Regional Housing Authority.
Stony Point The HUD funded Public Housing Agency that serves Stony Point is the Western Piedmont Council of Governments Regional Housing Authority.
Taylorsville The HUD funded Public Housing Agency that serves Taylorsville is the Western Piedmont Council of Governments Regional Housing Authority.