Low Income Apartments and Affordable Housing For Rent in Claremont, NC

Discover affordable housing in Claremont where there are 1+ 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.

Oxford Crossing

2985 N Oxford St, Claremont, North Carolina 28610

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Claremont, North Carolina
$19.20/hour
$11.95 (+165%) more than North Carolina minimum wage and $11.95 (+165%) more than the Federal minimum wage.
Learn More About Claremont, North Carolina Affordable Housing ↓

What HUD offices serve Claremont, 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), Family Self-Sufficiency, Homeownership, Family Unification Program (FUP) programs for Claremont, North Carolina.

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

How many renters live in Claremont, North Carolina?

The City of Claremont has 1,902 people living in 814 households.

There are 756 renters living in 318 renter households in this City. Renters make up 39.75 percent of the population living in Claremont.

What is the rental market like in Claremont, North Carolina?

There are an estimated 875 housing units in the Claremont area. Of these, 360 units are rental homes, making up 41 percent of the housing market. For every renter household in Claremont, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Claremont?

The rental vacancy rate in Claremont is 12 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 Claremont for each bedroom size?

Occupied Rental Units by Size in Claremont
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 11 97 149 45
Occupied Rental Units by Size in Claremont

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

Among renter households in this market, 11 percent have housing cost burden. Further, 5 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 Claremont

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $806 to $1,506. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $806
One BR $834
Two BR $1,014
Three BR $1,314
Four BR $1,506
2024 Fair Market Rents in Claremont, North Carolina

How many units are rented at Fair Market Rent (FMR) in Claremont?

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
One BR 0 100 percent
Two BR 71 73 percent
Rental Units Below FMR in Claremont, North Carolina

How many affordable rental units are in Claremont?

Income Based Apartments in Claremont, North Carolina

Claremont 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 Claremont, North Carolina

There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Claremont.

Housing Choice Vouchers in Claremont, North Carolina

On average, Section 8 Housing Choice vouchers pay Claremont landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Claremont.

The maximum amount a voucher would pay on behalf of a low-income tenant in Claremont, North Carolina for a two-bedroom apartment is between $913 and $1,115.

Sourced from federal housing data and AffordableHousingOnline.com research.