Affordable Housing In Charlotte
Mecklenburg County, North Carolina

Affordable Housing programs support 7,402 income based apartments in Charlotte where households pay rent based on how much they earn.

There are 8,105 affordable apartments in Charlotte that offer reduced rents to low-income households.

Waiting Lists in Charlotte, North Carolina

There are no open Section 8 Housing Choice Voucher waiting lists in Charlotte. Go to the North Carolina Section 8 Waiting Lists page for openings near Charlotte.

The Landings at Park Road

1147 Marsh Road
Charlotte, North Carolina
Call For Rent
1 BR
55+
Affordable

Cedarwood Pointe Apartments

6050 Cedarwood Pointe Circle
Charlotte, North Carolina
Call For Rent
1-3 BR
Affordable

Evoke Living at Westerly Hills

5004 Evoke Living Lane
Charlotte, North Carolina
Call For Rent
1-3 BR
Affordable

Fairmarket Plaza Apartments

6427 Plaza Rd
Charlotte, North Carolina
Call For Rent
1 BR
Rent Assisted
62+

The Oaks at Cherry

1604 Luther Street
Charlotte, North Carolina
Call For Rent
1-4 BR
Affordable

Willow Oak Run

2908 Turning Oak Dr
Charlotte, North Carolina
$285-732
2-3 BR
Affordable

South Oak Crossing

7609 Kings Ridge Dr
Charlotte, North Carolina
$960-1,075
2-3 BR
Affordable

Rosewood Commons

6405 West Sugar Creek Rd
Charlotte, North Carolina
Call For Rent
1-3 BR
Affordable

Poplar Grove Apartments (Formerly Booth Gardens)

421 N Poplar St
Charlotte, North Carolina
Income Based
Studio-1 BR
Rent Assisted
62+

The Retreat at Renaissance

3240 New Renaissance Way
Charlotte, North Carolina
Call For Rent
1 BR
62+
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Affordable Housing Near Charlotte

View affordable apartments and waiting lists in cities near Charlotte

City Apartments
Affordable Housing In Cornelius, NC Affordable Housing programs support 2 apartment communities in Cornelius.
Affordable Housing In Huntersville, NC Affordable Housing programs support 5 apartment communities in Huntersville.
Affordable Housing In Pineville, NC Affordable Housing programs support 2 apartment communities in Pineville.

Public Housing Agencies Serving Charlotte, 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.

Housing Authority Programs
Inlivian Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Moving to Work; Section 8 Project-Based Voucher (PBV)
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Charlotte.

Charlotte, North Carolina Affordable Housing Data

Income Based Apartments in Charlotte, North Carolina

Charlotte features 7,402 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 Charlotte, North Carolina

There are 8,105 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Charlotte.

Housing Choice Vouchers in Charlotte, North Carolina

On average, Section 8 Housing Choice vouchers pay Charlotte landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Charlotte.

The maximum amount a voucher would pay on behalf of a low-income tenant in Charlotte, North Carolina for a two-bedroom apartment is between $1,200 and $1,466.

2023 Charlotte, North Carolina Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Charlotte, North Carolina Fair Market Rent $1,154 $1,180 $1,333 $1,691 $2,183
Charlotte, North Carolina Payment Standard Range $1,039 to $1,269 $1,062 to $1,298 $1,200 to $1,466 $1,522 to $1,860 $1,965 to $2,401

Sourced from federal housing data and AffordableHousingOnline.com research.

Charlotte, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 206
Total Low Income Apartments 15,520
Total Housing Units with Rental Assistance 7,402
Percentage of Housing Units Occupied By Renters 45.94%
Average Renter Household Size 2.44
Average Household Size 2.55
Median Household Income $53,637 ±$724
Median Rent $926 ±$8
Percentage Of Renters Overburdened 46.61% ± 1.24pp
Total Population 792,137

Population and Household Demographics

Charlotte is a city in Mecklenburg County, North Carolina with a population of 792,137. There are 305,488 households in the city with an average household size of 2.55 persons. 45.94% of households in Charlotte are renters.

Income and Rent Overburden in Charlotte

The median gross income for households in Charlotte is $53,637 a year, or $4,470 a month. The median rent for the city is $926 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Charlotte, a household making less than $3,087 a month would be considered overburdened when renting an apartment at or above the median rent. 46.61% of households who rent are overburdened in Charlotte.

Area Median Income In Charlotte

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Charlotte, the AMI is calculated from all households within Mecklenburg County.

In Charlotte, HUD calculates the Area Median Income for a family of four as $96,300

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Charlotte

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Charlotte

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Charlotte AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,800 $22,600 $25,450 $28,250 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Charlotte AMI may qualify for rental assistance programs that target Very Low Income households.
$33,000 $37,700 $42,400 $47,100 $50,900 $54,650 $58,450 $62,200
80% AMI Income Limits
Renters earning up to 80% of the Charlotte AMI may qualify for rental assistance programs that target Low Income households.
$52,750 $60,300 $67,850 $75,350 $81,400 $87,450 $93,450 $99,500