Affordable Housing In Edgecombe County
45 Low Income Apartment Communities In Edgecombe County
Housing Authorities that serve Edgecombe County
|Nash-Edgecombe Economic Development Inc.||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Edgecombe County, North Carolina
There are 45 low income housing apartment communities offering 2,617 affordable apartments for rent in Edgecombe County, North Carolina.
Income Based Apartments in Edgecombe County, North Carolina
Edgecombe County features 2,151 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 Edgecombe County, North Carolina
There are 466 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Edgecombe County.
Housing Choice Vouchers in Edgecombe County, North Carolina
On average, Section 8 Housing Choice vouchers pay Edgecombe County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Edgecombe County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Edgecombe County, North Carolina for a two-bedroom apartment is between $678 and $828.
2020 Edgecombe County, 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|
|Fair Market Rent||$568||$572||$753||$1,017||$1,131|
|Payment Standard Range||$511 to $625||$515 to $629||$678 to $828||$915 to $1,119||$1,018 to $1,244|
Sourced from federal housing data and AffordableHousingOnline.com research.
Edgecombe County, NC Affordable Housing Snapshot
|Total Affordable Apartment Properties||45|
|Total Low Income Apartments||2,617|
|Total Housing Units with Rental Assistance||2,151|
|Percentage of Housing Units Occupied By Renters||40.14%|
|Average Renter Household Size||2.50|
|Average Household Size||2.57|
|Median Household Income||$32,659 ±$1,473|
|Median Rent||$639 ±$25|
|Percentage Of Renters Overburdened||48.16% ± 3.8pp|
Population and Household Demographics
Edgecombe County is a county in North Carolina with a population of 55,280. There are 21,026 households in the county with an average household size of 2.57 persons. 40.14% of households in Edgecombe County are renters.
Income and Rent Overburden in Edgecombe County
The median gross income for households in Edgecombe County is $32,659 a year, or $2,722 a month. The median rent for the county is $639 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Edgecombe County, a household making less than $2,130 a month would be considered overburdened when renting an apartment at or above the median rent. 48.16% of households who rent are overburdened in Edgecombe County.
Area Median Income In Edgecombe 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 Edgecombe County, HUD calculates the Area Median Income for a family of four as $57,700
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 Edgecombe 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 Edgecombe County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,760||$17,240||$21,720||$26,200||$30,680||$33,700||$36,050||$38,350|
|50% of Median||$20,350||$23,250||$26,150||$29,050||$31,400||$33,700||$36,050||$38,350|
|80% of Median||$32,550||$37,200||$41,850||$46,500||$50,250||$53,950||$57,700||$61,400|
Cities In Edgecombe County
Select A City to View its Apartment Communities and Waiting Lists.
|Conetoe||The HUD funded Public Housing Agency that serves Conetoe is the Nash-Edgecombe Economic Development Inc..|
|Leggett||The HUD funded Public Housing Agency that serves Leggett is the Nash-Edgecombe Economic Development Inc..|
|Macclesfield||The HUD funded Public Housing Agency that serves Macclesfield is the Nash-Edgecombe Economic Development Inc..|
|Pinetops||The HUD funded Public Housing Agency that serves Pinetops is the Nash-Edgecombe Economic Development Inc..|
|Princeville||The HUD funded Public Housing Agencies that serve Princeville are the Princeville Housing Authority and Nash-Edgecombe Economic Development Inc..|
|Rocky Mount||The HUD funded Public Housing Agencies that serve Rocky Mount are the Rocky Mount Housing Authority and Nash-Edgecombe Economic Development Inc..|
|Sharpsburg||The HUD funded Public Housing Agency that serves Sharpsburg is the Nash-Edgecombe Economic Development Inc..|
|Speed||The HUD funded Public Housing Agency that serves Speed is the Nash-Edgecombe Economic Development Inc..|
|Tarboro||The HUD funded Public Housing Agencies that serve Tarboro are the Redevelopment Commission of the Town of Tarboro and Nash-Edgecombe Economic Development Inc..|
|Whitakers||The HUD funded Public Housing Agency that serves Whitakers is the Nash-Edgecombe Economic Development Inc..|