How many renters live in Fremont, North Carolina?
The City of Fremont has people living in households.
There are renters living in renter households in this City. Renters make up 43.64 percent of the population living in Fremont.
What is the rental market like in Fremont, North Carolina?
There are an estimated housing units in the Fremont area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Fremont, North Carolina, there are 1 rental units.
What is the vacancy rate for rentals in Fremont?
The rental vacancy rate in Fremont is 0 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 Fremont for each bedroom size?
Occupied Rental Units by Size in Fremont
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 17 | 12 | 85 | 79 | 10 |
Occupied Rental Units by Size in Fremont
A large number of apartments in Fremont have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Fremont
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $826 to $1,824. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $826 |
| One BR | $831 |
| Two BR | $1,092 |
| Three BR | $1,358 |
| Four BR | $1,824 |
2024 Fair Market Rents in Fremont, North Carolina
How many units are rented at Fair Market Rent (FMR) in Fremont?
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 | 8 | 47 percent |
| One BR | 12 | 100 percent |
| Two BR | 61 | 72 percent |
Rental Units Below FMR in Fremont, North Carolina
How many affordable rental units are in Fremont?
There are a variety of federal affordable housing programs serving households in Fremont, North Carolina including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Fremont, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fremont, North Carolina
Fremont features 40 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 Fremont, North Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fremont.
Housing Choice Vouchers in Fremont, North Carolina
On average, Section 8 Housing Choice vouchers pay Fremont landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Fremont.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fremont, North Carolina for a two-bedroom apartment is between $983 and $1,201.
Sourced from federal housing data and AffordableHousingOnline.com research.