Affordable Housing In Henderson County
North Carolina

18 Low Income Apartment Communities In Henderson County

Cedar Terrace

140 South Church St. Suite E
Hendersonville, NC
Call For Rent
2-3 BR
HCV Welcome

East Winds Apartments

20 Wilmont Dr
Hendersonville, NC

King Creek Cottages

201 King Creek Blvd
Hendersonville, NC
Disabled Supportive Housing

Cac of High Point at Hendersonville

737 Knollwood Dr
Hendersonville, NC
Disabled Supportive Housing

Regal Oaks Apartments

1310 Old Spartanburg Rd
Hendersonville, NC
Elderly Supportive Housing

Parkside Commons

107 E Blue Ridge Rd
East Flat Rock, NC
HCV Welcome

Highland View Apartments

500 King Creek Blvd
Hendersonville, NC
HCV Welcome

919 Foster Cir

919 Foster Cir
Hendersonville, NC

Meadow Garden Apartments

102 Highland Lake Dr
Flat Rock, NC

815 7th Ave E

815 7th Ave E
Hendersonville, NC

There are 18 low income housing apartment complexes which contain 950 affordable apartments for rent in Henderson County. Many of these rental apartments are income based housing with 607 apartments that set rent based on your income. In Henderson County, HUD housing programs support 30 rental assistance apartments through programs like Project-based Section 8. There are 343 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Other Housing Authorities located in Henderson County

Housing Authority Programs
Hendersonville Housing Authority Public Housing
Western Carolina Community Action Inc. Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Henderson County, North Carolina

Henderson County, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 18
Total Low Income Apartments 950
Total Rent Assisted Apartments 607
Percentage of Housing Units Occupied By Renters 27.4%
Average Renter Household Size 2.33
Total Population 109,719
Housing Units 46,079
Average Household Size 2.35
Median Household Income $46,448 ±$1,969
Median Rent $750 ±$23
Percentage Of Renters Overburdened 47.44% ± 3.9pp

Population and Household Demographics

Henderson County is a County in North Carolina with a population of 109,719. There are 46,079 households in the county with an average household size of 2.35 persons. 27.4% of households in Henderson County are renters.

Income and Rent Overburden in Henderson County

The median gross income for households in Henderson County is $46,448 a year, or $3,871 a month. The median rent for the county is $750 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Henderson County, a household making less than $2,500 a month would be considered overburdened when renting an apartment at or above the median rent. 47.44% of households who rent are overburdened in Henderson County.1

Area Median Income In Henderson County

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.

In Henderson County, HUD calculates the Area Median Income for a family of four as $66,400

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 Henderson County

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 Henderson County HUD Rental Assistance in Henderson County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,950 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,250 $26,600 $29,900 $33,200 $35,900 $38,550 $41,200 $43,850
80% of Median $37,200 $42,500 $47,800 $53,100 $57,350 $61,600 $65,850 $70,100
Low Income Housing Tax Credits in Henderson County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1997 to 2007, 6 low income apartment communities containing 281 rental apartments have been constructed and made affordable to low income persons in Henderson County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Henderson County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,250 $26,600 $29,900 $33,200 $35,900 $38,550 $41,200 $43,850
60% of Median $27,900 $31,920 $35,880 $39,840 $43,080 $46,260 $49,440 $52,620

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Henderson County is $35,880 a year, or $2,990 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,990 by 30% to get a maximum rent of $897 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $581 $623 $748 $864 $964 $1,063
60% $698 $748 $897 $1,037 $1,157 $1,276
Fair Market Rents in Henderson County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$794 $799 $993 $1,356 $1,744

Cities In Henderson County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Hendersonville 16 The HUD funded Public Housing Agency that serves Hendersonville is the Hendersonville Housing Authority.
East Flat Rock 1
Dana 0
Edneyville 0
Gerton 0
Hoopers Creek 0
Horse Shoe 0
Laurel Park 0
Mills River 0
Balfour 0
Barker Heights 0
Etowah 0
Flat Rock 1
Fletcher 0
Fruitland 0
Mountain Home 0
Saluda 0
Valley Hill 0