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

Find 8 low-income apartments and rental assistance options in Clayton, NC – including subsidized, public, senior, HUD, and other government housing programs.

Cobblers Station Apartments

301 Commodore St, Clayton, North Carolina 27520

Clayton East Apartments

600 Boling St, Clayton, North Carolina 27520

Heritage Court Apartments

809 E Main St, Clayton, North Carolina 27520

Village Gardens

303 Dairy Rd, Clayton, North Carolina 27520

Clayton Court Apartments

600 N Oneil St, Clayton, North Carolina 27520

Lions Spring

320 Shotwell Rd, Clayton, North Carolina 27520

Cleveland School Apartments

8968 Cleveland Rd, Clayton, North Carolina 27520

Clayton Manor Apartments

500 Boling St, Clayton, North Carolina 27520

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Clayton, North Carolina
$23.92 (+330%) more than North Carolina minimum wage and $23.92 (+330%) more than the Federal minimum wage.
Learn More About Clayton, North Carolina Affordable Housing ↓

What HUD offices serve Clayton, 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 Clayton, North Carolina.

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

How many renters live in Clayton, North Carolina?

The City of Clayton has 26,837 people living in 9,579 households.

There are 6,974 renters living in 3,209 renter households in this City. Renters make up 25.99 percent of the population living in Clayton.

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

There are an estimated 10,190 housing units in the Clayton area. Of these, 3,338 units are rental homes, making up 33 percent of the housing market. For every renter household in Clayton, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Clayton?

The rental vacancy rate in Clayton is 2 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 Clayton for each bedroom size?

Occupied Rental Units by Size in Clayton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
195 672 1,483 400 402
Occupied Rental Units by Size in Clayton

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

Among renter households in this market, 46 percent have housing cost burden. Further, 15 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 Clayton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,427 to $2,711. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,427
One BR $1,466
Two BR $1,646
Three BR $2,035
Four BR $2,711
2024 Fair Market Rents in Clayton, North Carolina

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

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 195 100 percent
One BR 489 73 percent
Two BR 911 61 percent
Rental Units Below FMR in Clayton, North Carolina

How many affordable rental units are in Clayton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 176
Public Housing 43
Section 8 Project-Based Rental Assistance 36
Section 202 Supportive Housing for the Elderly 35
USDA Section 515 Rural Rental Housing 120
Tracked Units by Federal Program in Clayton, North Carolina

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

Income Based Apartments in Clayton, North Carolina

Clayton features 141 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 Clayton, North Carolina

There are 193 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clayton.

Housing Choice Vouchers in Clayton, North Carolina

On average, Section 8 Housing Choice vouchers pay Clayton landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Clayton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Clayton, North Carolina for a two-bedroom apartment is between $1,481 and $1,811.

Sourced from federal housing data and AffordableHousingOnline.com research.