Affordable Housing In Davidson County
North Carolina

68 Low Income Apartment Communities In Davidson County

Daniel Brooks Homes

301 Henley St
High Point, NC
Call For Rent
1-3 BR
Family & Senior

Astor Dowdy Towers

701 E Green Dr
High Point, NC
Call For Rent
Studio-2 BR
55+
Accessible

Carson Stout Homes

449 Meredith St
High Point, NC
Call For Rent
2-5 BR
Family & Senior

Beamon Courts

104 Price St
High Point, NC
Call For Rent
1-3 BR
Family & Senior

J.C. Morgan Courts

203 Anaheim St
High Point, NC
Call For Rent
1-5 BR
Family & Senior

Elm Towers

701 S Elm St
High Point, NC
Call For Rent
Studio-2 BR
55+
Accessible

Juanita Hills

2809 Moreland Ave
High Point, NC
Call For Rent
1-5 BR
Family & Senior

Daniel Brooks Annex 2

500 E. Russell Ave
High Point, NC
Call For Rent
2 BR
Family & Senior

Deep River Homes

2776 Gateworth Dr
High Point, NC
Call For Rent
3 BR
Family & Senior

Spring Valley Apartments

509 B East Commerce Ave.
High Point, NC
Call For Rent
1-3 BR
Subsidized

Other Housing Authorities located in Davidson County

Housing Authority Programs
Lexington Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Thomasville Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Davidson County, North Carolina

There are 68 low income housing apartment communities offering 3,869 affordable apartments for rent in Davidson County, North Carolina. Davidson County features 3,161 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 708 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Davidson County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Davidson County, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 68
Total Low Income Apartments 3,869
Total Housing Units with Rental Assistance 3,161
Percentage of Housing Units Occupied By Renters 28.12%
Average Renter Household Size 2.52
Average Household Size 2.52
Median Household Income $43,363 ±$1,435
Median Rent $655 ±$15
Percentage Of Renters Overburdened 42.07% ± 3.07pp
Total Population 163,867

Population and Household Demographics

Davidson County is a County in North Carolina with a population of 163,867. There are 64,299 households in the county with an average household size of 2.52 persons. 28.12% of households in Davidson County are renters.

Income and Rent Overburden in Davidson County

The median gross income for households in Davidson County is $43,363 a year, or $3,614 a month. The median rent for the county is $655 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Davidson County, a household making less than $2,183 a month would be considered overburdened when renting an apartment at or above the median rent. 42.07% of households who rent are overburdened in Davidson County.1

Area Median Income In Davidson 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 Davidson County, HUD calculates the Area Median Income for a family of four as $60,300

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 Davidson 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 Davidson County HUD Rental Assistance in Davidson County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,700 $16,910 $21,330 $25,750 $30,170 $34,590 $37,400 $39,800
50% of Median $21,150 $24,150 $27,150 $30,150 $32,600 $35,000 $37,400 $39,800
80% of Median $33,800 $38,600 $43,450 $48,250 $52,150 $56,000 $59,850 $63,700
Low Income Housing Tax Credits in Davidson County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2011, 38 low income apartment communities containing 1,220 rental apartments have been constructed and made affordable to low income persons in Davidson County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Davidson County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,150 $24,150 $27,150 $30,150 $32,600 $35,000 $37,400 $39,800
60% of Median $25,380 $28,980 $32,580 $36,180 $39,120 $42,000 $44,880 $47,760

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Davidson County is $32,580 a year, or $2,715 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,715 by 30% to get a maximum rent of $815 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $529 $566 $679 $784 $875 $965
60% $635 $680 $815 $941 $1,050 $1,158
Fair Market Rents in Davidson County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$572 $576 $695 $966 $1,192

Cities In Davidson County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
High Point 39 The HUD funded Public Housing Agency that serves High Point is the Housing Authority of the City of High Point.
Lexington 22 The HUD funded Public Housing Agency that serves Lexington is the Lexington Housing Authority.
Thomasville 9 The HUD funded Public Housing Agency that serves Thomasville is the Thomasville Housing Authority.
Midway 0
Southmont 0
Wallburg 0
Denton 0
Tyro 0
Welcome 0