What HUD offices serve Beaufort, 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 Beaufort.
How many renters live in Beaufort, North Carolina?
The City of Beaufort has people living in households.
There are renters living in renter households in this City. Renters make up 46.63 percent of the population living in Beaufort.
What is the rental market like in Beaufort, North Carolina?
There are an estimated housing units in the Beaufort area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Beaufort, North Carolina, there are 1.04 rental units.
What is the vacancy rate for rentals in Beaufort?
The rental vacancy rate in Beaufort is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Beaufort for each bedroom size?
Occupied Rental Units by Size in Beaufort
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 10 291 688 225 14 Occupied Rental Units by Size in Beaufort
A large number of apartments in Beaufort 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 Beaufort
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $820 to $1,812. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $820 One BR $826 Two BR $1,085 Three BR $1,454 Four BR $1,812 2024 Fair Market Rents in Beaufort, North Carolina
How many units are rented at Fair Market Rent (FMR) in Beaufort?
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 8 80 percent One BR 281 97 percent Two BR 440 64 percent Rental Units Below FMR in Beaufort, North Carolina
How many affordable rental units are in Beaufort?
There are a variety of federal affordable housing programs serving households in
Beaufort, North Carolina including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Section 811 Supportive Housing for Persons with Disabilities USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in Beaufort, North Carolina
Income Based Apartments in Beaufort, North Carolina
Beaufort features 225 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 Beaufort, North Carolina
There are 200 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Beaufort.
Housing Choice Vouchers in Beaufort, North Carolina
On average, Section 8 Housing Choice vouchers pay Beaufort landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Beaufort.
The maximum amount a voucher would pay on behalf of a low-income tenant in Beaufort, North Carolina for a two-bedroom apartment is between $977 and $1,194.
Sourced from federal housing data and AffordableHousingOnline.com research.