Apply to Cherryville Apartment Waiting Lists

Cherrywood Apartments

510 Office Lane
Cherryville, North Carolina
Call For Rent
1-3 BR
Rent Assisted

Church Hill Apartments

411 N Pine St
Cherryville, North Carolina
Call For Rent
1-4 BR
Rent Assisted

Cherry Manor Apts

201 South Dixie St
Cherryville, North Carolina

Martin 1 Duplex

Rt 3 Tot Dellinger Rd Box 619
Cherryville, North Carolina

Martin 2 Duplex

607 Tot Dellinger Rd
Cherryville, North Carolina
Showing Results 1-5

There are 20 low-income apartments in Cherryville that offer reduced rents to eligible households.

Rental assistance programs support 134 low-income homes in Cherryville where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $297 towards rent each month.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Cherryville, 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
Gastonia Housing Authority Section 8 Housing Choice Voucher (HCV); Rental Assistance Demonstration (RAD)
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Cherryville.

Cherryville, North Carolina Affordable Housing Data

Income Based Apartments in Cherryville, North Carolina

Cherryville features 134 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 Cherryville, North Carolina

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cherryville.

Housing Choice Vouchers in Cherryville, North Carolina

On average, Section 8 Housing Choice vouchers pay Cherryville landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Cherryville.

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

2023 Cherryville, 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
Cherryville, North Carolina Fair Market Rent $1,154 $1,180 $1,333 $1,691 $2,183
Cherryville, 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 research.

Cherryville, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 154
Total Housing Units with Rental Assistance 134
Percentage of Housing Units Occupied By Renters 25.16%
Average Renter Household Size 2.72
Average Household Size 2.49
Median Household Income $43,103 ±$3,930
Median Rent $788 ±$110
Percentage Of Renters Overburdened 36.52% ± 9.97pp
Total Population 5,868

Population and Household Demographics

Cherryville is a city in Gaston County, North Carolina with a population of 5,868. There are 2,285 households in the city with an average household size of 2.49 persons. 25.16% of households in Cherryville are renters.

Income and Rent Overburden in Cherryville

The median gross income for households in Cherryville is $43,103 a year, or $3,592 a month. The median rent for the city is $788 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cherryville, a household making less than $2,627 a month would be considered overburdened when renting an apartment at or above the median rent. 36.52% of households who rent are overburdened in Cherryville.

Area Median Income In Cherryville

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 Cherryville, the AMI is calculated from all households within Gaston County.

In Cherryville, HUD calculates the Area Median Income for a family of four as $102,800

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 Cherryville

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 Cherryville

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 Cherryville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,950 $23,950 $26,950 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Cherryville AMI may qualify for rental assistance programs that target Very Low Income households.
$34,900 $39,900 $44,900 $49,850 $53,850 $57,850 $61,850 $65,850
80% AMI Income Limits
Renters earning up to 80% of the Cherryville AMI may qualify for rental assistance programs that target Low Income households.
$55,850 $63,800 $71,800 $79,750 $86,150 $92,550 $98,900 $105,300