. Low Income Apartments For Rent in Edenton, North Carolina - Affordable Housing Online

Filberts Creek Apartments

112 Filberts Creek Dr
Edenton, North Carolina
Rent Assisted
LIHTC
$360-540
1-3 BR

Wedgewood Place Apartments

725 Dr Martin Luther King Jr Ave
Edenton, North Carolina
Subsidized
Rent Assisted
PBRA
LIHTC
Call For Rent
2-3 BR

Tyler Run I

213 Tyler Lane , #202-1
Edenton, North Carolina
Subsidized
Rent Assisted
PBRA
LIHTC
RDRA
Call For Rent
1-3 BR

Wedgewood Apartments

59 Davis Pl
Edenton, North Carolina
Rent Assisted
LIHTC
Call For Rent
1-3 BR

Chowan Gardens

201 Luke St
Edenton, North Carolina
Subsidized
Rent Assisted
Senior
Supportive
S. 515 Rural
RDRA
Call For Rent
1-2 BR

Tyler Run II

201 Tyler Lane, #202-1
Edenton, North Carolina
Rent Assisted
Senior
Supportive
LIHTC
S. 515 Rural

E A. Swain Apartments

101 Court St
Edenton, North Carolina
Subsidized
Rent Assisted
LIHTC
RDRA

Arc Hds Chowan Co Gh 1

200 Luke St
Edenton, North Carolina
Subsidized
Senior
S. 202

900 N Oakum St

900 N Oakum St
Edenton, North Carolina
Subsidized
Public Housing

Residence

134 E Gale St
Edenton, North Carolina
Rent Assisted
LIHTC
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There are 210 low-income apartments in Edenton that offer reduced rents to eligible households. Low-income rents in Edenton, North Carolina can range from $360 to $540 depending on the number of bedrooms.

Rental assistance programs support 293 low-income homes in Edenton where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $276 towards rent each month.

Affordable rent data for some communities last confirmed on July 26th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Edenton, 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.

Housing Authority Programs
The New Edenton Housing Authority Public Housing
Economic Improvement Council, Inc Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Edenton.

Edenton, North Carolina Affordable Housing Data

Income Based Apartments in Edenton, North Carolina

Edenton features 293 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 Edenton, North Carolina

There are 210 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Edenton.

Housing Choice Vouchers in Edenton, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Edenton, North Carolina for a two-bedroom apartment is between $829 and $1,013.

2023 Edenton, North Carolina Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Edenton, North Carolina Fair Market Rent $737 $742 $921 $1,121 $1,569
Edenton, North Carolina Payment Standard Range $663 to $811 $668 to $816 $829 to $1,013 $1,009 to $1,233 $1,412 to $1,726

Sourced from federal housing data and AffordableHousingOnline.com research.

Edenton, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 503
Total Housing Units with Rental Assistance 293
Percentage of Housing Units Occupied By Renters 56.2%
Average Renter Household Size 2.73
Average Household Size 2.43
Median Household Income $25,601 ±$4,967
Median Rent $669 ±$87
Percentage Of Renters Overburdened 53.21% ± 15.34pp
Total Population 4,942

Population and Household Demographics

Edenton is a city in Chowan County, North Carolina with a population of 4,942. There are 1,943 households in the city with an average household size of 2.43 persons. 56.2% of households in Edenton are renters.

Income and Rent Overburden in Edenton

The median gross income for households in Edenton is $25,601 a year, or $2,133 a month. The median rent for the city is $669 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Edenton, a household making less than $2,230 a month would be considered overburdened when renting an apartment at or above the median rent. 53.21% of households who rent are overburdened in Edenton.

Area Median Income In Edenton

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Edenton, the AMI is calculated from all households within Chowan County.

In Edenton, HUD calculates the Area Median Income for a family of four as $67,500

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 Edenton

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 Edenton

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30% AMI Income Limits
Renters earning up to 30% of the Edenton AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $40,150 $42,950 $45,700
50% AMI Income Limits
Renters earning up to 50% of the Edenton AMI may qualify for rental assistance programs that target Very Low Income households.
$24,250 $27,700 $31,150 $34,600 $37,400 $40,150 $42,950 $45,700
80% AMI Income Limits
Renters earning up to 80% of the Edenton AMI may qualify for rental assistance programs that target Low Income households.
$38,750 $44,300 $49,850 $55,350 $59,800 $64,250 $68,650 $73,100