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

Discover affordable housing in Havelock where there are 15+ 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.

Laurel Hill Apartments

326 McCotter Blvd, Havelock, North Carolina 28532

bed 1-4

Havelock Hill

220 Shipman Rd, Havelock, North Carolina 28532

bed Studio-4

Havelock Manor Apartments

200 Shipman Rd, Havelock, North Carolina 28532

Woodfield Cove

3000 Woodfield Cove Lane, Havelock, North Carolina 28532

bed 1-3
payment $344-906/mo.

Gatewood Apartments

150 Legacy Lane, Havelock, North Carolina 28532

132 Craven Dr

132 Craven Dr, Havelock, North Carolina 28532

bed 3
payment $1395/mo.

104 Ann St

104 Ann St, Havelock, North Carolina 28532

bed 3
payment $1300/mo.

145 Jer Mar Dr

145 Jer Mar Dr, Havelock, North Carolina 28532

bed 3
payment $1650/mo.

220 Cedar Ridge Ln

220 Cedar Ridge Ln, Havelock, North Carolina 28532

bed 2
payment $950/mo.

11 Cedar Ridge Ct Unit 11 Cedar Ridge Court

11 Cedar Ridge Ct Unit 11 Cedar Ridge Court, Havelock, North Carolina 28532

bed 2
payment $950/mo.

309 Tall Pine Rd

309 Tall Pine Rd, Havelock, North Carolina 28532

bed 3
payment $1295/mo.

Tyler Place

70 Stallion Cir, Havelock, North Carolina 28532

Pineridge Associates Apartments

PO Box 1267, Havelock, North Carolina 28532

Pine Ridge Apartments

330 Mccotter Blvd, Havelock, North Carolina

Manteo Circle

801 Manteo Cir, Havelock, North Carolina 28532

How To Identify Affordable Housing in Havelock, North Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
calendar_today Opened: Feb 2
Open Until Further Notice

Reported On February 23rd, 2024 by Colleen Carter

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Havelock, North Carolina
$16.01 (+221%) more than North Carolina minimum wage and $16.01 (+221%) more than the Federal minimum wage.
Learn More About Havelock, North Carolina Affordable Housing ↓

What HUD offices serve Havelock, 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) programs for Havelock, North Carolina.

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

How many renters live in Havelock, North Carolina?

The City of Havelock has 16,759 people living in 5,153 households.

There are 7,615 renters living in 2,977 renter households in this City. Renters make up 45.44 percent of the population living in Havelock.

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

There are an estimated 5,855 housing units in the Havelock area. Of these, 3,292 units are rental homes, making up 56 percent of the housing market. For every renter household in Havelock, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Havelock?

The rental vacancy rate in Havelock is 5 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 Havelock for each bedroom size?

Occupied Rental Units by Size in Havelock
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
14 72 1,153 1,260 459
Occupied Rental Units by Size in Havelock

A large number of apartments in Havelock 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 Havelock are overburdened by housing costs?

Among renter households in this market, 40 percent have housing cost burden. Further, 17 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 Havelock

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $2,084. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $935
Two BR $1,228
Three BR $1,660
Four BR $2,084
2024 Fair Market Rents in Havelock, North Carolina

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

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 10 71 percent
One BR 60 83 percent
Two BR 813 71 percent
Rental Units Below FMR in Havelock, North Carolina

How many affordable rental units are in Havelock?

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

Federal Program Unit Count
Low Income Housing Tax Credit 302
Public Housing 50
Section 8 Project-Based Rental Assistance 54
USDA Section 515 Rural Rental Housing 94
Tracked Units by Federal Program in Havelock, North Carolina

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

Income Based Apartments in Havelock, North Carolina

Havelock features 258 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 Havelock, North Carolina

There are 226 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Havelock.

Housing Choice Vouchers in Havelock, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Havelock, North Carolina for a two-bedroom apartment is between $1,105 and $1,351.

Sourced from federal housing data and AffordableHousingOnline.com research.