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Affordable Housing In Graham
Alamance County, North Carolina

10 Low Income Apartment Communities In Graham

Oneida Mill Lofts

225 W Harden St
Graham, North Carolina
$503-624
1-2 BR

Arc Hds Alamance Co Icf Mr Gh 2

328 Poplar St
Graham, North Carolina
Subsidized
62+
Accessible
Elderly Supportive Housing

Ralph Clayton Homes

22 Cates Cir
Graham, North Carolina
Subsidized

Arc Hds Alamance County Gh 10

505 Wildwood Ln
Graham, North Carolina
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Arc Hds Alamance Co Gh 9

407 Aspen Ct
Graham, North Carolina
Subsidized
62+
Accessible
Elderly Supportive Housing

Arc Hds Alamance Co Icf Mr Gh 1

713 Townbranch Rd
Graham, North Carolina
Subsidized
62+
Accessible
Elderly Supportive Housing

Norfolk Village

1011 Ivey Rd
Graham, North Carolina
Subsidized

105 E Hill St

105 E Hill St
Graham, North Carolina

Cannon Place

506 E Parker St
Graham, North Carolina
Accepts Vouchers

Graham Village Apartments

904 E Hanover Rd
Graham, North Carolina
Accepts Vouchers
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Housing Authorities that serve Graham

Housing Authority Programs
Graham Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Graham, North Carolina

There are 10 low income housing apartment communities offering 595 affordable apartments for rent in Graham, North Carolina.

Income Based Apartments in Graham, North Carolina

Graham features 338 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 Graham, North Carolina

There are 257 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Graham.

Housing Choice Vouchers in Graham, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Graham, North Carolina for a two-bedroom apartment is between $762 and $932.

2020 Graham, 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 $601 $659 $847 $1,100 $1,248
Payment Standard Range $541 to $661 $593 to $725 $762 to $932 $990 to $1,210 $1,123 to $1,373

Sourced from federal housing data and AffordableHousingOnline.com research.

Graham, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 595
Total Housing Units with Rental Assistance 338
Percentage of Housing Units Occupied By Renters 44.79%
Average Renter Household Size 2.42
Average Household Size 2.40
Median Household Income $31,906 ±$2,571
Median Rent $693 ±$28
Percentage Of Renters Overburdened 48.85% ± 7.21pp
Total Population 14,468

Population and Household Demographics

Graham is a City in Alamance County, North Carolina with a population of 14,468. There are 5,937 households in the city with an average household size of 2.40 persons. 44.79% of households in Graham are renters.

Income and Rent Overburden in Graham

The median gross income for households in Graham is $31,906 a year, or $2,659 a month. The median rent for the city is $693 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Graham, a household making less than $2,310 a month would be considered overburdened when renting an apartment at or above the median rent. 48.85% of households who rent are overburdened in Graham.1

Area Median Income In Graham

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 Graham, the AMI is calculated from all households within Alamance County.

In Graham, HUD calculates the Area Median Income for a family of four as $61,600

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 Graham

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 Graham

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,750 $16,910 $21,330 $25,750 $30,170 $34,590 $37,600 $40,000
50% of Median $21,250 $24,250 $27,300 $30,300 $32,750 $35,150 $37,600 $40,000
80% of Median $33,950 $38,800 $43,650 $48,500 $52,400 $56,300 $60,150 $64,050