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

Discover affordable housing in Conover where there are 7+ 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.

Beacon Hill Apartments

1208 Emmanuel Church Rd, Conover, North Carolina 28613

Cedar Glen Apartments

210 3rd Ave NE, Conover, North Carolina 28613

Legacy Place

1100 2nd St NE, Conover, North Carolina 28613

The Park at Cline Village

1810 Edgewater Dr NW, Conover, North Carolina 28613

Arc Hds Catawba Co Gh 2

608 4th St SW, Conover, North Carolina 28613

Arc Hds Catawba Co Gh 4

722 8th Ave SW, Conover, North Carolina 28613

Bmw Apartments Rehab

180 6th Avenue Dr SW, Conover, North Carolina 28613

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Conover, 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 Conover, North Carolina Affordable Housing ↓

What HUD offices serve Conover, 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 Conover, North Carolina.

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

How many renters live in Conover, North Carolina?

The City of Conover has 8,457 people living in 3,412 households.

There are 2,356 renters living in 934 renter households in this City. Renters make up 27.86 percent of the population living in Conover.

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

There are an estimated 3,552 housing units in the Conover area. Of these, 1,033 units are rental homes, making up 29 percent of the housing market. For every renter household in Conover, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Conover?

The rental vacancy rate in Conover is 10 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 Conover for each bedroom size?

Occupied Rental Units by Size in Conover
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
16 191 483 235 9
Occupied Rental Units by Size in Conover

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

Among renter households in this market, 39 percent have housing cost burden. Further, 14 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 Conover

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 Conover, North Carolina

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

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 4 25 percent
One BR 135 71 percent
Two BR 313 65 percent
Rental Units Below FMR in Conover, North Carolina

How many affordable rental units are in Conover?

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

Federal Program Unit Count
Low Income Housing Tax Credit 56
Section 8 Project-Based Rental Assistance 38
Section 202 Supportive Housing for the Elderly 40
Section 811 Supportive Housing for Persons with Disabilities 11
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Conover, North Carolina

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

Income Based Apartments in Conover, North Carolina

Conover features 127 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 Conover, North Carolina

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Conover.

Housing Choice Vouchers in Conover, North Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.