Low Income Apartments and Affordable Housing For Rent in Greensboro, NC

Discover affordable housing in Greensboro where there are 115+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Westview Valley Apartments

436 Guilford College Road, Greensboro, North Carolina 27409

Gatewood Manor Apartments

1238 Lolly Ln, Greensboro, North Carolina 27405

Prince Edward Graves Homes

2504 16th St, Greensboro, North Carolina 27405

Northland Apartments

3319 N O'Henry Boulevard, Greensboro, North Carolina 27405

Dartmouth Court Apartments

4403 Trinity Avenue, Greensboro, North Carolina 27407

Anointed Acres

2101 N Wilpar Dr, Greensboro, North Carolina 27406

J. T. Hairston Memorial Apartments

718 Marsh Street, Greensboro, North Carolina 27401

Bell House

2400 Summit Ave, Greensboro, North Carolina 27405

Hope Court

3701 Hope Court, Greensboro, North Carolina 27407

Abby Courts

3403A Rehobeth Church Rd, Greensboro, North Carolina 27406

Stoneridge

1908 Peale Ter, Greensboro, North Carolina 27407

Hall Towers

2314 N Church St, Greensboro, North Carolina 27405

Foxworth

1201 Thicket Ln, Greensboro, North Carolina 27405

The Havens at Willow Oaks

1905 Everitt St, Greensboro, North Carolina 27401

Ryan Ridge Apartments

4410-4412 Rehobeth Church Rd., Greensboro, North Carolina 27406

Caswyck Trail Apartments

4400 Rehobeth Church Rd, Greensboro, North Carolina 27406

The Havens at Willow Oaks

2004 Everitt St, Greensboro, North Carolina 27401

Claremont Courts

2702 Patio Place, Greensboro, North Carolina 27405

Lutheran Supported Living Apartments

6720 W Friendly Ave, Greensboro, North Carolina 27410

TRINITY GARDENS APARTMENTS

809 CARRIELAND DR, Greensboro, North Carolina 27405

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Greensboro, North Carolina
$22.16/hour
$14.91 (+206%) more than North Carolina minimum wage and $14.91 (+206%) more than the Federal minimum wage.
Learn More About Greensboro, North Carolina Affordable Housing ↓

What HUD offices serve Greensboro, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Greensboro, North Carolina.

Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Greensboro.

How many renters live in Greensboro, North Carolina?

The City of Greensboro has 301,118 people living in 122,726 households.

There are 130,376 renters living in 61,241 renter households in this City. Renters make up 43.3 percent of the population living in Greensboro.

What is the rental market like in Greensboro, North Carolina?

There are an estimated 133,125 housing units in the Greensboro area. Of these, 64,046 units are rental homes, making up 48 percent of the housing market. For every renter household in Greensboro, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Greensboro?

The rental vacancy rate in Greensboro is 4 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 Greensboro for each bedroom size?

Occupied Rental Units by Size in Greensboro
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,721 13,512 28,046 13,967 3,413
Occupied Rental Units by Size in Greensboro

A large number of apartments in Greensboro have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Greensboro are overburdened by housing costs?

Among renter households in this market, 52 percent have housing cost burden. Further, 25 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Greensboro

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,011 to $1,680. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,011
One BR $1,042
Two BR $1,170
Three BR $1,493
Four BR $1,680
2024 Fair Market Rents in Greensboro, North Carolina

How many units are rented at Fair Market Rent (FMR) in Greensboro?

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 1,085 63 percent
One BR 7,934 59 percent
Two BR 15,906 57 percent
Rental Units Below FMR in Greensboro, North Carolina

How many affordable rental units are in Greensboro?

There are a variety of federal affordable housing programs serving households in Greensboro, North Carolina including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 3,670
Public Housing 559
Section 8 Project-Based Rental Assistance 920
Section 202 Supportive Housing for the Elderly 123
Section 811 Supportive Housing for Persons with Disabilities 42
Tracked Units by Federal Program in Greensboro, North Carolina

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Greensboro, North Carolina

Greensboro features 3,542 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 Greensboro, North Carolina

There are 1,809 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greensboro.

Housing Choice Vouchers in Greensboro, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Greensboro, North Carolina for a two-bedroom apartment is between $1,053 and $1,287.

Sourced from federal housing data and AffordableHousingOnline.com research.