Affordable Housing In Dare County
North Carolina

3 Low Income Apartment Communities In Dare County

Housing Authorities that serve Dare County

Housing Authority	Programs
Economic Improvement Council, Inc.	Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency

Guide To Affordable Housing in Dare County, North Carolina

There are 3 low income housing apartment communities offering 97 affordable apartments for rent in Dare County, North Carolina.

Income Based Apartments in Dare County, North Carolina

Dare County features 7 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 Dare County, North Carolina

There are 90 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dare County.

Housing Choice Vouchers in Dare County, North Carolina

On average, Section 8 Housing Choice vouchers pay Dare County landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Dare County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Dare County, NC Affordable Housing Snapshot

Total Affordable Apartment Properties	3
Total Low Income Apartments	97
Total Housing Units with Rental Assistance	7
Percentage of Housing Units Occupied By Renters	31.93%
Average Renter Household Size	2.39
Average Household Size	2.32
Median Household Income	$54,496 ±$2,385
Median Rent	$1,048 ±$51
Percentage Of Renters Overburdened	38.43% ± 5.74pp
Total Population	34,863

Population and Household Demographics

Dare County is a County in North Carolina with a population of 34,863. There are 14,969 households in the county with an average household size of 2.32 persons. 31.93% of households in Dare County are renters.

Income and Rent Overburden in Dare County

The median gross income for households in Dare County is $54,496 a year, or $4,541 a month. The median rent for the county is $1,048 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Dare County, a household making less than $3,493 a month would be considered overburdened when renting an apartment at or above the median rent. 38.43% of households who rent are overburdened in Dare County.¹

Area Median Income In Dare County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Dare County, HUD calculates the Area Median Income for a family of four as $67,700

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Dare County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Dare County

Income	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30% of Median	$14,250	$16,910	$21,330	$25,750	$30,170	$34,590	$39,010	$43,430
50% of Median	$23,700	$27,100	$30,500	$33,850	$36,600	$39,300	$42,000	$44,700
80% of Median	$37,950	$43,350	$48,750	$54,150	$58,500	$62,850	$67,150	$71,500