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

Discover affordable housing in Dallas where there are 5+ 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.

Long Creek Apartments

1005 Millington Cir, Dallas, North Carolina 28034

Long Creek Apartments II

1005 Millington Cir, Dallas, North Carolina 28034

Oak Forest Apartments

121 Oak Forest Ln, Dallas, North Carolina 28034

Chapman Pointe

500 Chapman Pointe Cir, Dallas, North Carolina 28034

Dallas High School Apartments

300 W Church St, Dallas, North Carolina 28034

calendar_today Opened: Oct 1
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

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

What HUD offices serve Dallas, 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), Rental Assistance Demonstration (RAD) programs for Dallas, North Carolina.

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

How many renters live in Dallas, North Carolina?

The City of Dallas has 5,889 people living in 2,161 households.

There are 2,549 renters living in 1,024 renter households in this City. Renters make up 43.28 percent of the population living in Dallas.

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

There are an estimated 2,349 housing units in the Dallas area. Of these, 1,093 units are rental homes, making up 47 percent of the housing market. For every renter household in Dallas, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Dallas?

The rental vacancy rate in Dallas is 0 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 Dallas for each bedroom size?

Occupied Rental Units by Size in Dallas
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 199 587 160 68
Occupied Rental Units by Size in Dallas

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

Among renter households in this market, 44 percent have housing cost burden. Further, 13 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 Dallas

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 Dallas, North Carolina

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

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
One BR 195 98 percent
Two BR 561 96 percent
Rental Units Below FMR in Dallas, North Carolina

How many affordable rental units are in Dallas?

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

Federal Program Unit Count
Low Income Housing Tax Credit 351
Section 8 Project-Based Rental Assistance 1
Section 811 Supportive Housing for Persons with Disabilities 1
USDA Section 515 Rural Rental Housing 60
Tracked Units by Federal Program in Dallas, North Carolina

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

Income Based Apartments in Dallas, North Carolina

Dallas features 60 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 Dallas, North Carolina

There are 315 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dallas.

Housing Choice Vouchers in Dallas, North Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.