Oak Park Apartments

51 Oak Park Dr
Four Oaks, North Carolina
Income Based
1-3 BR
Affordable

Four Oaks Village Apartments

105 Keen Rd
Four Oaks, North Carolina
Call For Rent
1-2 BR
Rent Assisted
Accessible
62+

Twin Oaks Apartments

312 Surles Dr
Four Oaks, North Carolina
Rent Assisted

Arc Hds Johnston Co Group Home - Fo

217 George St
Four Oaks, North Carolina
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Oaks Apartments ( the )

Allen Court
Four Oaks, North Carolina
Rent Assisted

There are 30 low-income apartments in Four Oaks that offer reduced rents to eligible households.

Rental assistance programs support 112 low-income homes in Four Oaks where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $336 towards rent each month.

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Affordable rent data for some communities last confirmed on August 16th, 2021. Subdsidized rents typically change once a year based on federal guidance.

Affordable Housing Near Four Oaks

View affordable apartments and waiting lists in cities near Four Oaks

City Apartments
Smithfield, NC Affordable Housing programs support 17 apartment communities in Smithfield.
Benson, NC Affordable Housing programs support 8 apartment communities in Benson.
Clayton, NC Affordable Housing programs support 8 apartment communities in Clayton.
Selma, NC Affordable Housing programs support 7 apartment communities in Selma.
Kenly, NC Affordable Housing programs support 2 apartment communities in Kenly.

Public Housing Agencies Serving Four Oaks, 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
Johnston County Housing Assistance Payments Program Section 8 Housing Choice Voucher (HCV)
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Four Oaks.

Four Oaks, North Carolina Affordable Housing Data

Income Based Apartments in Four Oaks, North Carolina

Four Oaks features 112 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 Four Oaks, North Carolina

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Four Oaks.

Housing Choice Vouchers in Four Oaks, North Carolina

On average, Section 8 Housing Choice vouchers pay Four Oaks landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Four Oaks.

The maximum amount a voucher would pay on behalf of a low-income tenant in Four Oaks, North Carolina for a two-bedroom apartment is between $1,271 and $1,553.

2023 Four Oaks, 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
Four Oaks, North Carolina Fair Market Rent $1,213 $1,250 $1,412 $1,733 $2,293
Four Oaks, North Carolina Payment Standard Range $1,092 to $1,334 $1,125 to $1,375 $1,271 to $1,553 $1,560 to $1,906 $2,064 to $2,522

Sourced from federal housing data and AffordableHousingOnline.com research.

Four Oaks, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 142
Total Housing Units with Rental Assistance 112
Percentage of Housing Units Occupied By Renters 43.07%
Average Renter Household Size 2.59
Average Household Size 2.80
Median Household Income $28,457 ±$6,331
Median Rent $630 ±$31
Percentage Of Renters Overburdened 50.68% ± 21.64pp
Total Population 1,900

Population and Household Demographics

Four Oaks is a city in Johnston County, North Carolina with a population of 1,900. There are 678 households in the city with an average household size of 2.80 persons. 43.07% of households in Four Oaks are renters.

Income and Rent Overburden in Four Oaks

The median gross income for households in Four Oaks is $28,457 a year, or $2,371 a month. The median rent for the city is $630 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Four Oaks, a household making less than $2,100 a month would be considered overburdened when renting an apartment at or above the median rent. 50.68% of households who rent are overburdened in Four Oaks.

Area Median Income In Four Oaks

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 Four Oaks, the AMI is calculated from all households within Johnston County.

In Four Oaks, HUD calculates the Area Median Income for a family of four as $110,100

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 Four Oaks

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 Four Oaks

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30% AMI Income Limits
Renters earning up to 30% of the Four Oaks AMI may qualify for rental assistance programs that target Extremely Low Income households.
$22,500 $25,700 $28,900 $32,100 $34,700 $37,250 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Four Oaks AMI may qualify for rental assistance programs that target Very Low Income households.
$37,450 $42,800 $48,150 $53,500 $57,800 $62,100 $66,350 $70,650
80% AMI Income Limits
Renters earning up to 80% of the Four Oaks AMI may qualify for rental assistance programs that target Low Income households.
$59,950 $68,500 $77,050 $85,600 $92,450 $99,300 $106,150 $113,000