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

Discover affordable housing in Aurora where there are 3+ 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.

Mallard Creek Apartments

245 South Fifth Street #700, Aurora, North Carolina 27806

Fischer Village Apartments

22583 NC 33 Hwy East, Aurora, North Carolina 27806

Pamlico Court

101 Pamlico Court, Aurora, North Carolina 27806

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

What HUD offices serve Aurora, 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, Family Self-Sufficiency programs for Aurora, North Carolina.

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

How many renters live in Aurora, North Carolina?

The City of Aurora has 522 people living in 193 households.

There are 294 renters living in 104 renter households in this City. Renters make up 56.32 percent of the population living in Aurora.

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

There are an estimated 287 housing units in the Aurora area. Of these, 127 units are rental homes, making up 44 percent of the housing market. For every renter household in Aurora, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Aurora?

The rental vacancy rate in Aurora is 13 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 Aurora for each bedroom size?

Occupied Rental Units by Size in Aurora
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 30 45 29 0
Occupied Rental Units by Size in Aurora

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

Among renter households in this market, 40 percent have housing cost burden. Further, 14 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 Aurora

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $668 to $1,453. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $668
One BR $672
Two BR $856
Three BR $1,166
Four BR $1,453
2024 Fair Market Rents in Aurora, North Carolina

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

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 30 100 percent
Two BR 40 89 percent
Rental Units Below FMR in Aurora, North Carolina

How many affordable rental units are in Aurora?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
Public Housing 9
Section 8 Project-Based Rental Assistance 11
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Aurora, North Carolina

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

Income Based Apartments in Aurora, North Carolina

Aurora features 50 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 Aurora, North Carolina

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Aurora.

Housing Choice Vouchers in Aurora, North Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.