. Low Income Apartments For Rent in Haw River, North Carolina - Affordable Housing Online

Apply to Haw River Apartment Waiting Lists

Cedar Ridge Apartments

181 N Wilkins Rd
Haw River, North Carolina
Rent Assisted
S. 515 Rural
Showing Results 1-15
  • «
  • 1
  • »

There are 0 low-income apartments in Haw River that offer reduced rents to eligible households.

Rental assistance programs support 40 low-income homes in Haw River where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on January 2nd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Haw River, 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.

Housing Authority Programs
Graham Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Haw River.

Haw River, North Carolina Affordable Housing Data

Income Based Apartments in Haw River, North Carolina

Haw River 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 Haw River, North Carolina

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Haw River.

Housing Choice Vouchers in Haw River, North Carolina

On average, Section 8 Housing Choice vouchers pay Haw River landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Haw River.

The maximum amount a voucher would pay on behalf of a low-income tenant in Haw River, North Carolina for a two-bedroom apartment is between $921 and $1,125.

2023 Haw River, 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
Haw River, North Carolina Fair Market Rent $714 $837 $1,023 $1,285 $1,390
Haw River, North Carolina Payment Standard Range $643 to $785 $753 to $921 $921 to $1,125 $1,157 to $1,414 $1,251 to $1,529

Sourced from federal housing data and AffordableHousingOnline.com research.

Haw River, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 40
Total Housing Units with Rental Assistance 40
Percentage of Housing Units Occupied By Renters 30.64%
Average Renter Household Size 3.15
Average Household Size 2.63
Median Household Income $41,658 ±$4,507
Median Rent $831 ±$87
Percentage Of Renters Overburdened 35% ± 15.96pp
Total Population 2,585

Population and Household Demographics

Haw River is a city in Alamance County, North Carolina with a population of 2,585. There are 979 households in the city with an average household size of 2.63 persons. 30.64% of households in Haw River are renters.

Income and Rent Overburden in Haw River

The median gross income for households in Haw River is $41,658 a year, or $3,472 a month. The median rent for the city is $831 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Haw River, a household making less than $2,770 a month would be considered overburdened when renting an apartment at or above the median rent. 35% of households who rent are overburdened in Haw River.

Area Median Income In Haw River

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

In Haw River, HUD calculates the Area Median Income for a family of four as $78,800

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 Haw River

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 Haw River

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 Haw River AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,600 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Haw River AMI may qualify for rental assistance programs that target Very Low Income households.
$27,600 $31,550 $35,500 $39,400 $42,600 $45,750 $48,900 $52,050
80% AMI Income Limits
Renters earning up to 80% of the Haw River AMI may qualify for rental assistance programs that target Low Income households.
$44,150 $50,450 $56,750 $63,050 $68,100 $73,150 $78,200 $83,250