Affordable Housing In Charlotte
Mecklenburg County, North Carolina

189 Low Income Apartment Communities In Charlotte

Chambers Point at Ayrsely

10124 Shaffer Valley Way
Charlotte, North Carolina
$669-1,126
1-3 BR

Springfield Gardens

9525 Springfield Gardens Dr
Charlotte, North Carolina
Call For Rent
2-3 BR

Montclair Apartments

8415 Hollow Glen Place
Charlotte, North Carolina
Subsidized

The Landings at Park Road

1147 Marsh Road
Charlotte, North Carolina

The Stevenson Apartments

1445 Samuel St
Charlotte, North Carolina
$755-870
2-3 BR

Timber Ridge

7123-E Barrington Drive
Charlotte, North Carolina
Subsidized

Farm Lane Apartments

5500 Farm Pond Lane
Charlotte, North Carolina
Subsidized

ST ANDREW'S HOMES

3604G SAINT ANDREWS HOMES PL
Charlotte, North Carolina
55+

The Oaks at Cherry

1604 Luther Street
Charlotte, North Carolina
Call For Rent
1-3 BR

Arbor Glen

1425 Clanton Rd
Charlotte, North Carolina
Call For Rent
1-3 BR

Section 8 Vouchers, Apartments, and Waiting Lists in 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Charlotte, North Carolina

Housing Authority Programs
Inlivian Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Moving to Work; Section 8 Project-Based Voucher (PBV)

Guide To Affordable Housing in Charlotte, North Carolina

There are 189 low income housing apartment communities offering 14,103 affordable apartments for rent in Charlotte, North Carolina.

Income Based Apartments in Charlotte, North Carolina

Charlotte features 7,410 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 6,680 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 $1,040 and $1,271.

2022 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 $996 $1,014 $1,155 $1,497 $1,942
Charlotte, North Carolina Payment Standard Range $896 to $1,096 $913 to $1,115 $1,040 to $1,271 $1,347 to $1,647 $1,748 to $2,136

Sourced from federal housing data and AffordableHousingOnline.com research.

Charlotte, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 189
Total Low Income Apartments 14,103
Total Housing Units with Rental Assistance 7,410
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 $84,200

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.
$17,700 $20,200 $22,750 $26,500 $31,040 $35,580 $40,120 $44,660
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.
$29,500 $33,700 $37,900 $42,100 $45,500 $48,850 $52,250 $55,600
80% AMI Income Limits
Renters earning up to 80% of the Charlotte AMI may qualify for rental assistance programs that target Low Income households.
$47,150 $53,900 $60,650 $67,350 $72,750 $78,150 $83,550 $88,950