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

Discover affordable housing in Concord where there are 155+ 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.

1032 Meadowbrook Ln SW

1032 Meadowbrook Ln SW, Concord, North Carolina 28027

bed 4
payment $1995/mo.

504 Meredith Court

504 Meredith Court, Concord, North Carolina 28025

bed 4
payment $2220/mo.

56 Tribune Ave SW Unit Apt C

56 Tribune Ave SW Unit Apt C, Concord, North Carolina 28025

bed 2
payment $1100/mo.

4011 Maderia Dr NW

4011 Maderia Dr NW, Concord, North Carolina 28027

bed 4
payment $1895/mo.

3219 Sapp Rd

3219 Sapp Rd, Concord, North Carolina 28025

bed 3
payment $1850/mo.

1101 Poole Pl NW

1101 Poole Pl NW, Concord, North Carolina 28027

bed 3
payment $1695/mo.

1014 Braxton Dr

1014 Braxton Dr, Concord, North Carolina 28025

bed 3
payment $1799/mo.

229 Academy Ave NW

229 Academy Ave NW, Concord, North Carolina 28025

bed 1
payment $920/mo.

417 Old Speedway Dr NW

417 Old Speedway Dr NW, Concord, North Carolina 28027

bed 3
payment $1895/mo.

379 Morning Dew Dr

379 Morning Dew Dr, Concord, North Carolina 28025

bed 3
payment $1739/mo.

56 Tribune Ave SW Unit G

56 Tribune Ave SW Unit G, Concord, North Carolina 28025

bed 2
payment $1100/mo.

214 Carrie Ct

214 Carrie Ct, Concord, North Carolina 28027

bed 3
payment $1795/mo.

3045 Champion Ln SW

3045 Champion Ln SW, Concord, North Carolina 28025

bed 3
payment $1595/mo.

6013 Firethorne Ln

6013 Firethorne Ln, Concord, North Carolina 28025

bed 5
payment $2270/mo.

2627 Wind Song Ct

2627 Wind Song Ct, Concord, North Carolina 28027

bed 3
payment $1820/mo.

88 Creswell Dr NE

88 Creswell Dr NE, Concord, North Carolina 28025

bed 2
payment $1125/mo.

615 Hyde Park Dr NE

615 Hyde Park Dr NE, Concord, North Carolina 28025

bed 3
payment $1595/mo.

1547 Cambridge Heights Pl NW

1547 Cambridge Heights Pl NW, Concord, North Carolina 28027

bed 3
payment $1900/mo.

284 Kerr St NW

284 Kerr St NW, Concord, North Carolina 28025

bed 3
payment $1690/mo.

9424 Pepperidge Ave NW

9424 Pepperidge Ave NW, Concord, North Carolina 28027

bed 4
payment $2250/mo.

How To Identify Affordable Housing in Concord, North Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Concord, North Carolina
$29.43/hour
$22.18 (+306%) more than North Carolina minimum wage and $22.18 (+306%) more than the Federal minimum wage.
Learn More About Concord, North Carolina Affordable Housing ↓

What HUD offices serve Concord, 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), Public Housing programs for Concord, North Carolina.

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

How many renters live in Concord, North Carolina?

The City of Concord has people living in households.

There are renters living in renter households in this City. Renters make up 34.04 percent of the population living in Concord.

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

There are an estimated housing units in the Concord area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Concord, North Carolina, there are 0.97 rental units.

What is the vacancy rate for rentals in Concord?

The rental vacancy rate in Concord 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 Concord for each bedroom size?

Occupied Rental Units by Size in Concord
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,179 1,812 3,904 2,878 978
Occupied Rental Units by Size in Concord

A large number of apartments in Concord have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Concord

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,347 to $2,481. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,347
One BR $1,384
Two BR $1,554
Three BR $1,936
Four BR $2,481
2024 Fair Market Rents in Concord, North Carolina

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

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 837 71 percent
One BR 1,514 84 percent
Two BR 3,000 77 percent
Rental Units Below FMR in Concord, North Carolina

How many affordable rental units are in Concord?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Concord, North Carolina

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

Income Based Apartments in Concord, North Carolina

Concord features 357 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 Concord, North Carolina

There are 801 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Concord.

Housing Choice Vouchers in Concord, North Carolina

On average, Section 8 Housing Choice vouchers pay Concord landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Concord.

The maximum amount a voucher would pay on behalf of a low-income tenant in Concord, North Carolina for a two-bedroom apartment is between $1,399 and $1,709.

Sourced from federal housing data and AffordableHousingOnline.com research.

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