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

Discover affordable housing in Craven County where there are 57+ 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.

Brunswick House II

1208 Colony Dr, New Bern, North Carolina 28562

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based

Wind Hill Apartments

3501 Wind Hill Ct, New Bern, North Carolina 28560

bed 1-4

Laurel Hill Apartments

326 McCotter Blvd, Havelock, North Carolina 28532

bed 1-4

Elmwood Apartments

8501 Main St, Vanceboro, North Carolina 28586

bed 1-2

Havelock Hill

220 Shipman Rd, Havelock, North Carolina 28532

bed Studio-4

Craven Terrace

601 Roundtree Street, New Bern, North Carolina 28562

bed 1-4

Weatherstone Park

3833 Weatherstone Park Rd, New Bern, North Carolina 28562

bed 1-2

Havelock Manor Apartments

200 Shipman Rd, Havelock, North Carolina 28532

Carolina Avenue Apartments

801 Carolina Ave, New Bern, North Carolina 28562

bed 1-3

Woodfield Cove

3000 Woodfield Cove Lane, Havelock, North Carolina 28532

bed 1-3
payment $344-906/mo.

Noah - New Bern Older Adult Housing

3800 Lofland Way, New Bern, North Carolina 28562

Fairview Apartments

2924 Brunswick Ave, New Bern, North Carolina 28562

Westwood Arms Apartments

3005 Westminster Drive, New Bern, North Carolina 28562

Bailey Lane Apartments

255 Bailey Lane, Vanceboro, North Carolina 28586

The Oaks

401 Buck Lane, Vanceboro, North Carolina 28586

New Bern Towers

1125 Walt Bellamy Dr, New Bern, North Carolina 28562

Meadows The

3025 Kensington Park Dr , New Bern, North Carolina 28560

elderly Senior
accessibility Accessible

Landmark Apartments

1625 Landmark Cir, New Bern, North Carolina 28560

Gatewood Apartments

150 Legacy Lane, Havelock, North Carolina 28532

Brunswick House Apartments

1210 Colony Drive, New Bern, North Carolina 28562

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible

How To Identify Affordable Housing in Craven County, 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.
calendar_today Opened: Feb 2
Open Until Further Notice
devices
attach_email
calendar_month

Reported On February 23rd, 2024 by Colleen Carter

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Craven County, North Carolina
$23.26/hour
$16.01 (+221%) more than North Carolina minimum wage and $16.01 (+221%) more than the Federal minimum wage.
Learn More About Craven County, North Carolina Affordable Housing ↓

What HUD offices serve Craven 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 Craven County, North Carolina.

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

How many renters live in Craven County, North Carolina?

The County of Craven County has 100,874 people living in 42,575 households.

There are 24,809 renters living in 11,769 renter households in this County. Renters make up 24.59 percent of the population living in Craven County.

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

There are an estimated 47,051 housing units in the Craven County area. Of these, 14,471 units are rental homes, making up 31 percent of the housing market. For every renter household in Craven County, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Craven County?

The rental vacancy rate in Craven County is 7 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 Craven County for each bedroom size?

Occupied Rental Units by Size in Craven County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
289 1,449 4,487 5,803 1,086
Occupied Rental Units by Size in Craven County

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

Among renter households in this market, 39 percent have housing cost burden. Further, 22 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 Craven County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $2,084. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $935
Two BR $1,228
Three BR $1,660
Four BR $2,084
2024 Fair Market Rents in Craven County, North Carolina

How many units are rented at Fair Market Rent (FMR) in Craven 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 58 20 percent
One BR 1,023 71 percent
Two BR 3,241 72 percent
Rental Units Below FMR in Craven County, North Carolina

How many affordable rental units are in Craven County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,640
Public Housing 268
Section 8 Project-Based Rental Assistance 639
Section 202 Supportive Housing for the Elderly 118
Section 811 Supportive Housing for Persons with Disabilities 6
USDA Section 515 Rural Rental Housing 472
Tracked Units by Federal Program in Craven County, North Carolina

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

Income Based Apartments in Craven County, North Carolina

Craven County features 1,584 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 Craven County, North Carolina

There are 906 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Craven County.

Housing Choice Vouchers in Craven County, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Craven County, North Carolina for a two-bedroom apartment is between $1,105 and $1,351.

Sourced from federal housing data and AffordableHousingOnline.com research.