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Affordable Housing In Gastonia
Gaston County, North Carolina

44 Low Income Apartment Communities In Gastonia

Madison Place Senior Apartments

4200 Forbes Rd
Gastonia, North Carolina
$528-633
1-2 BR

Village Square Apartments

1400 Paige Ct
Gastonia, North Carolina
Income Based
1-2 BR
Subsidized

Stonecroft Village Apartments

1001 Farewell Drive
Gastonia, North Carolina
Call For Rent
1-4 BR
Subsidized

Hoffman Homes

2263 Cordoba St
Gastonia, North Carolina
Call For Rent
2-3 BR
Subsidized

Gardner Ridge Apartments

3999 Gardner Ridge Dr
Gastonia, North Carolina
$845-1,155
1-3 BR

Boyce Street Apartments

309-315 N. Boyce St
Gastonia, North Carolina

The Villas at Union Trace

725 Wellons Drive
Gastonia, North Carolina
Call For Rent
1-2 BR

Catherine Booth Gardens

1436 Union Rd
Gastonia, North Carolina
Call For Rent
Studio-4 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Wnc Community Homes 5

2250 Baltic St
Gastonia, North Carolina
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Arc Hds Gaston Co Apartments

401 E 3rd Ave
Gastonia, North Carolina
Subsidized
62+
Accessible
Elderly Supportive Housing

Housing Authorities that serve Gastonia

Housing Authority Programs
Gastonia Housing Authority Section 8 Housing Choice Voucher (HCV); Rental Assistance Demonstration (RAD)

Guide To Affordable Housing in Gastonia, North Carolina

There are 44 low income housing apartment communities offering 1,449 affordable apartments for rent in Gastonia, North Carolina.

Income Based Apartments in Gastonia, North Carolina

Gastonia features 954 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 Gastonia, North Carolina

There are 491 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gastonia.

Housing Choice Vouchers in Gastonia, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Gastonia, North Carolina for a two-bedroom apartment is between $1,036 and $1,266.

2021 Gastonia, 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
Gastonia, North Carolina Fair Market Rent $987 $1,010 $1,151 $1,518 $1,956
Gastonia, North Carolina Payment Standard Range $888 to $1,086 $909 to $1,111 $1,036 to $1,266 $1,366 to $1,670 $1,760 to $2,152

Sourced from federal housing data and AffordableHousingOnline.com research.

Gastonia, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 44
Total Low Income Apartments 1,449
Total Housing Units with Rental Assistance 954
Percentage of Housing Units Occupied By Renters 46.37%
Average Renter Household Size 2.66
Average Household Size 2.68
Median Household Income $40,432 ±$1,817
Median Rent $770 ±$17
Percentage Of Renters Overburdened 54.67% ± 3.82pp
Total Population 73,211

Population and Household Demographics

Gastonia is a city in Gaston County, North Carolina with a population of 73,211. There are 26,771 households in the city with an average household size of 2.68 persons. 46.37% of households in Gastonia are renters.

Income and Rent Overburden in Gastonia

The median gross income for households in Gastonia is $40,432 a year, or $3,369 a month. The median rent for the city is $770 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gastonia, a household making less than $2,567 a month would be considered overburdened when renting an apartment at or above the median rent. 54.67% of households who rent are overburdened in Gastonia.

Area Median Income In Gastonia

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 Gastonia, the AMI is calculated from all households within Gaston County.

In Gastonia, HUD calculates the Area Median Income for a family of four as $84,200

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 Gastonia

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 Gastonia

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Gastonia AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,700 $20,200 $22,750 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Gastonia AMI may qualify for rental assistance programs that target Very Low Income households.
$29,500 $33,700 $37,900 $42,100 $45,500 $48,850 $52,250 $55,600
80% AMI Income Limits
Renters earning up to 80% of the Gastonia AMI may qualify for rental assistance programs that target Low Income households.
$47,150 $53,900 $60,650 $67,350 $72,750 $78,150 $83,550 $88,950