Low Income Apartments and Affordable Housing For Rent in Richmond County, NC

Discover affordable housing in Richmond County where there are 26+ 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.

Greenridge Apartments

200 Greenridge Drive, Rockingham, North Carolina 28379

Cameron Grove

150 Lady Mary Lane, Rockingham, North Carolina 28379

Gardenwood Apartments

1234 Cauthen Dr, Rockingham, North Carolina 28379

Sierra Gardens Apartments

158 Sierra Ave, Hamlet, North Carolina 28345

The Pines Apartments

135 Lady Mary Ln, Rockingham, North Carolina 28379

Piney Pointe Apartments

103 Piney Pointe Dr, Hamlet, North Carolina 28345

Pine Ridge Homes

1035 Pineridge Dr, Rockingham, North Carolina 28379

Holiday Village Apartments

Shannon Dr, Rockingham, North Carolina 28379

Magnolia Apartments ( Phase I )

100 Block of Mallard Ln, Rockingham, North Carolina 28379

Lenox Station Apartments

510 S Caroline Street, Rockingham, North Carolina 28379

Timber Ridge Apartments

515 Steele Street, Rockingham, North Carolina 28379

Richmond Village Apartments

324 Green St, Hamlet, North Carolina 28345

Quail Hollow Apartments

601 Quail Hollow Dr, Hamlet, North Carolina 28345

Ellerbe Manor Apartments

202 2nd St, Ellerbe, North Carolina 28338

Crown Pointe Apartments

1247 Cauthen Dr, Rockingham, North Carolina 28379

Fountain Pointe

192 Clemmer Rd, Rockingham, North Carolina 28379

Tall Pine Apartments

900 Ridge Dr, Hamlet, North Carolina 28345

Falling Creek Village

157 Lady Mary Ln, Rockingham, North Carolina 28379

Cac of Richmond County 2

270 McArthur Dr, Rockingham, North Carolina 28379

Village Green Apartments

1003 Beaverwood Ct, Rockingham, North Carolina 28379

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Richmond County, North Carolina
$16.21/hour
$8.96 (+124%) more than North Carolina minimum wage and $8.96 (+124%) more than the Federal minimum wage.
Learn More About Richmond County, North Carolina Affordable Housing ↓

What HUD offices serve Richmond County, 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 Richmond County, North Carolina.

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

How many renters live in Richmond County, North Carolina?

The County of Richmond County has 43,149 people living in 16,605 households.

There are 13,103 renters living in 5,776 renter households in this County. Renters make up 30.37 percent of the population living in Richmond County.

What is the rental market like in Richmond County, North Carolina?

There are an estimated 19,768 housing units in the Richmond County area. Of these, 6,015 units are rental homes, making up 30 percent of the housing market. For every renter household in Richmond County, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Richmond County?

The rental vacancy rate in Richmond County is 4 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 Richmond County for each bedroom size?

Occupied Rental Units by Size in Richmond County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
825 561 1,856 2,124 406
Occupied Rental Units by Size in Richmond County

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

Among renter households in this market, 39 percent have housing cost burden. Further, 23 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 Richmond County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $720 to $1,453. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $720
One BR $762
Two BR $856
Three BR $1,206
Four BR $1,453
2024 Fair Market Rents in Richmond County, North Carolina

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

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 691 84 percent
One BR 434 77 percent
Two BR 1,167 63 percent
Rental Units Below FMR in Richmond County, North Carolina

How many affordable rental units are in Richmond County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 514
Public Housing 454
Section 8 Project-Based Rental Assistance 327
Section 202 Supportive Housing for the Elderly 38
Section 811 Supportive Housing for Persons with Disabilities 22
USDA Section 515 Rural Rental Housing 282
Tracked Units by Federal Program in Richmond County, North Carolina

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

Income Based Apartments in Richmond County, North Carolina

Richmond County features 1,087 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 Richmond County, North Carolina

There are 252 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Richmond County.

Housing Choice Vouchers in Richmond County, North Carolina

On average, Section 8 Housing Choice vouchers pay Richmond County landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Richmond County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Richmond County, North Carolina for a two-bedroom apartment is between $770 and $942.

Sourced from federal housing data and AffordableHousingOnline.com research.