How many renters live in Carolina Beach, North Carolina?
The City of Carolina Beach has people living in households.
There are renters living in renter households in this City. Renters make up 20.54 percent of the population living in Carolina Beach.
What is the rental market like in Carolina Beach, North Carolina?
There are an estimated housing units in the Carolina Beach area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Carolina Beach, North Carolina, there are 1.85 rental units.
What is the vacancy rate for rentals in Carolina Beach?
The rental vacancy rate in Carolina Beach is 46 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 Carolina Beach for each bedroom size?
Occupied Rental Units by Size in Carolina Beach
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 49 | 140 | 289 | 174 | 50 |
Occupied Rental Units by Size in Carolina Beach
A large number of apartments in Carolina Beach 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 Carolina Beach
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,027 to $2,561. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,027 |
| One BR | $1,349 |
| Two BR | $1,515 |
| Three BR | $2,002 |
| Four BR | $2,561 |
2024 Fair Market Rents in Carolina Beach, North Carolina
How many units are rented at Fair Market Rent (FMR) in Carolina Beach?
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 | 6 percent |
| One BR | 104 | 74 percent |
| Two BR | 220 | 76 percent |
Rental Units Below FMR in Carolina Beach, North Carolina
How many affordable rental units are in Carolina Beach?
Income Based Apartments in Carolina Beach, North Carolina
Carolina Beach features 0 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 Carolina Beach, North Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carolina Beach.
Housing Choice Vouchers in Carolina Beach, North Carolina
On average, Section 8 Housing Choice vouchers pay Carolina Beach landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Carolina Beach.
The maximum amount a voucher would pay on behalf of a low-income tenant in Carolina Beach, North Carolina for a two-bedroom apartment is between $1,364 and $1,667.
Sourced from federal housing data and AffordableHousingOnline.com research.