How many renters live in Eden, North Carolina?
The City of Eden has people living in households.
There are renters living in renter households in this City. Renters make up 41.56 percent of the population living in Eden.
What is the rental market like in Eden, North Carolina?
There are an estimated housing units in the Eden area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Eden, North Carolina, there are 1.07 rental units.
What is the vacancy rate for rentals in Eden?
The rental vacancy rate in Eden is 6 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 Eden for each bedroom size?
Occupied Rental Units by Size in Eden
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 142 | 762 | 1,242 | 727 | 149 |
Occupied Rental Units by Size in Eden
A large number of apartments in Eden have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Eden?
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 | 108 | 76 percent |
| One BR | 537 | 70 percent |
| Two BR | 877 | 71 percent |
Rental Units Below FMR in Eden, North Carolina
How many affordable rental units are in Eden?
There are a variety of federal affordable housing programs serving households in Eden, North Carolina including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| Section 811 Supportive Housing for Persons with Disabilities | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Eden, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Eden, North Carolina
Eden features 381 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 Eden, North Carolina
There are 380 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Eden.
Housing Choice Vouchers in Eden, North Carolina
On average, Section 8 Housing Choice vouchers pay Eden landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Eden.
The maximum amount a voucher would pay on behalf of a low-income tenant in Eden, North Carolina for a two-bedroom apartment is between $841 and $1,027.
Sourced from federal housing data and AffordableHousingOnline.com research.