Low Income Apartments and Affordable Housing For Rent in Cabarrus County, NC

Discover affordable housing in Cabarrus County where there are 347+ 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.

849 Loch Lomond Cir

849 Loch Lomond Cir, Concord, North Carolina 28025

bed 3
payment $1769/mo.

3756 Sedgewick Dr SW

3756 Sedgewick Dr SW, Concord, North Carolina 28027

bed 3
payment $1900/mo.

91 St Charles Ave NE

91 St Charles Ave NE, Concord, North Carolina 28025

bed 2
payment $1295/mo.

1005 Rainbow Dr

1005 Rainbow Dr, Kannapolis, North Carolina 28081

bed 3
payment $1700/mo.

1203 Haywood Ave

1203 Haywood Ave, Kannapolis, North Carolina 28081

bed 3
payment $1765/mo.

8819 Twisted Pine Dr

8819 Twisted Pine Dr, Charlotte, North Carolina 28269

bed 4
payment $2370/mo.

932 Anchor Way NE

932 Anchor Way NE, Kannapolis, North Carolina 28083

bed 3
payment $1650/mo.

4272 Maybrook Ct SW

4272 Maybrook Ct SW, Concord, North Carolina 28027

bed 3
payment $1935/mo.

917 Klondale Ave

917 Klondale Ave, Kannapolis, North Carolina 28081

bed 1
payment $1000/mo.

2816 Island Point Dr NW

2816 Island Point Dr NW, Concord, North Carolina 28027

bed 4
payment $2315/mo.

92 Harold Pl SW

92 Harold Pl SW, Concord, North Carolina 28025

bed 3
payment $1695/mo.

90 Akron Ave

90 Akron Ave, Kannapolis, North Carolina 28081

bed 2
payment $1350/mo.

1006 Richard Ave

1006 Richard Ave, Kannapolis, North Carolina 28081

bed 3
payment $1495/mo.

932 Anchor Way NE

932 Anchor Way NE, Kannapolis, North Carolina 28083

bed 3
payment $1650/mo.

1734 Red Bird Cir SE

1734 Red Bird Cir SE, Concord, North Carolina 28025

bed 3
payment $1799/mo.

2402 Johnson St

2402 Johnson St, Kannapolis, North Carolina 28081

bed 1
payment $1195/mo.

6781 Sequoia Hills Dr

6781 Sequoia Hills Dr, Harrisburg, North Carolina 28075

bed 4
payment $2250/mo.

2510 S Ridge Ave

2510 S Ridge Ave, Kannapolis, North Carolina 28083

bed 3
payment $1750/mo.

4046 Kellybrook Dr

4046 Kellybrook Dr, Concord, North Carolina 28025

bed 4
payment $2089/mo.

94 Wilkinson Ct SE

94 Wilkinson Ct SE, Concord, North Carolina 28025

bed 3
payment $1650/mo.

How To Identify Affordable Housing in Cabarrus County, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cabarrus County, North Carolina
$29.43/hour
$22.18 (+306%) more than North Carolina minimum wage and $22.18 (+306%) more than the Federal minimum wage.
Learn More About Cabarrus County, North Carolina Affordable Housing ↓

How many renters live in Cabarrus County, North Carolina?

The County of Cabarrus County has people living in households.

There are renters living in renter households in this County. Renters make up 27.1 percent of the population living in Cabarrus County.

What is the rental market like in Cabarrus County, North Carolina?

There are an estimated housing units in the Cabarrus County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cabarrus County, North Carolina, there are 1.09 rental units.

What is the vacancy rate for rentals in Cabarrus County?

The rental vacancy rate in Cabarrus County is 5 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 Cabarrus County for each bedroom size?

Occupied Rental Units by Size in Cabarrus County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5,286 3,073 7,234 7,006 3,282
Occupied Rental Units by Size in Cabarrus County

A large number of apartments in Cabarrus County 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 Cabarrus County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,347 to $2,481. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,347
One BR $1,384
Two BR $1,554
Three BR $1,936
Four BR $2,481
2024 Fair Market Rents in Cabarrus County, North Carolina

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

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 3,306 63 percent
One BR 2,021 66 percent
Two BR 5,818 80 percent
Rental Units Below FMR in Cabarrus County, North Carolina

How many affordable rental units are in Cabarrus County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Cabarrus County, North Carolina

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

Income Based Apartments in Cabarrus County, North Carolina

Cabarrus County features 843 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 Cabarrus County, North Carolina

There are 1,293 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cabarrus County.

Housing Choice Vouchers in Cabarrus County, North Carolina

On average, Section 8 Housing Choice vouchers pay Cabarrus County landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Cabarrus County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cabarrus County, North Carolina for a two-bedroom apartment is between $1,399 and $1,709.

Sourced from federal housing data and AffordableHousingOnline.com research.

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