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

Discover affordable housing in Caswell County where there are 5+ 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.

Suncrest Apartments

PO Box 809, Yanceyville, North Carolina 27379

Meadowview Apartments

1369 NC Highway 86 N, Yanceyville, North Carolina 27379

Old Farm Apartments

583 Main St, Yanceyville, North Carolina 27379

Arc Hds Caswell County Gh 2

164 7th St, Yanceyville, North Carolina 27379

Sunvale Apartments

275 Seventh Street, Yanceyville, North Carolina

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

What HUD offices serve Caswell County, 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) programs for Caswell County, North Carolina.

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

How many renters live in Caswell County, North Carolina?

The County of Caswell County has 22,747 people living in 8,507 households.

There are 4,785 renters living in 2,081 renter households in this County. Renters make up 21.04 percent of the population living in Caswell County.

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

There are an estimated 10,493 housing units in the Caswell County area. Of these, 2,157 units are rental homes, making up 21 percent of the housing market. For every renter household in Caswell County, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Caswell County?

The rental vacancy rate in Caswell County is 1 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 Caswell County for each bedroom size?

Occupied Rental Units by Size in Caswell County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
10 234 816 870 97
Occupied Rental Units by Size in Caswell County

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

Among renter households in this market, 41 percent have housing cost burden. Further, 16 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 Caswell County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $713 to $1,305. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $713
One BR $759
Two BR $856
Three BR $1,206
Four BR $1,305
2024 Fair Market Rents in Caswell County, North Carolina

How many units are rented at Fair Market Rent (FMR) in Caswell 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 0 100 percent
One BR 234 100 percent
Two BR 637 78 percent
Rental Units Below FMR in Caswell County, North Carolina

How many affordable rental units are in Caswell County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 40
Section 8 Project-Based Rental Assistance 124
Section 811 Supportive Housing for Persons with Disabilities 1
USDA Section 515 Rural Rental Housing 84
Tracked Units by Federal Program in Caswell County, North Carolina

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

Income Based Apartments in Caswell County, North Carolina

Caswell County features 201 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 Caswell County, North Carolina

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

Housing Choice Vouchers in Caswell County, North Carolina

On average, Section 8 Housing Choice vouchers pay Caswell County landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Caswell County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.