Low Income Apartments and Affordable Housing For Rent in High Point, NC

Discover affordable housing in High Point where there are 54+ 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.

Park Terrace

885 Sharon Circle, High Point, North Carolina 27260

bed 1-3
payment $785-1708/mo.

Franklin Ridge Apartments

213 W. Hartley Drive, High Point, North Carolina 27265

bed 2-3
payment $852-960/mo.

The Oaks at Silver Ridge

2926 East Martin Luther King Jr. Dr., High Point, North Carolina 27260

bed 1-3
payment $527-740/mo.
accessibility Accessible

Spring Valley Apartments

509 B East Commerce Ave., High Point, North Carolina 27260

bed 1-3
accessibility Accessible

Morehead Courts

411 Park St, High Point, North Carolina 27260

bed Studio-1

William Booth Gardens

123 SW Cloverleaf Pl, High Point, North Carolina 27263

bed 1

Sheraton Towers

400 N Main St, High Point, North Carolina 27260

bed 1-2

Creekside at Bellemeade

2340 Bellemeade St, High Point, North Carolina 27263

bed 2-4
payment $801-1278/mo.

Lake Road Apartments

308 Taylor Ave, High Point, North Carolina 27260

Brentwood Crossing - 053 - 007 - Ni

226 Brentwood St, High Point, North Carolina 27260

Newgate Apartments

605 Granby Avenue, High Point, North Carolina 27260

Williams - Delashmet Crossing Apartments

2102 Aileen Ct, High Point, North Carolina 27265

Deep River Homes

2776 Gateworth Dr, High Point, North Carolina 27265

bed 3

Juanita Hills

2809 Moreland Ave, High Point, North Carolina 27262

bed 1-5

Elm Towers

701 S Elm St, High Point, North Carolina 27260

bed Studio-2

J.C. Morgan Courts

203 Anaheim St, High Point, North Carolina 27260

bed 1-5

Beamon Courts

104 Price St, High Point, North Carolina 27260

bed 1-3

Carson Stout Homes

449 Meredith St, High Point, North Carolina 27260

bed 2-5

Astor Dowdy Towers

701 E Green Dr, High Point, North Carolina 27260

bed Studio-2

Daniel Brooks Homes

301 Henley St, High Point, North Carolina 27260

bed 1-3

How To Identify Affordable Housing in High Point, 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: Jun 1
calendar_today Closes: Sep 30,
calendar_month

Reported On June 1st, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In High Point, 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 High Point, North Carolina Affordable Housing ↓

What HUD offices serve High Point, 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, Homeownership Voucher, Family Self-Sufficiency programs for High Point, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for High Point, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for High Point, North Carolina.

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

How many renters live in High Point, North Carolina?

The City of High Point has 114,339 people living in 45,906 households.

There are 42,191 renters living in 18,669 renter households in this City. Renters make up 36.9 percent of the population living in High Point.

What is the rental market like in High Point, North Carolina?

There are an estimated 47,861 housing units in the High Point area. Of these, 19,720 units are rental homes, making up 41 percent of the housing market. For every renter household in High Point, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in High Point?

The rental vacancy rate in High Point 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 High Point for each bedroom size?

Occupied Rental Units by Size in High Point
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
526 3,492 7,781 5,754 773
Occupied Rental Units by Size in High Point

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

Among renter households in this market, 46 percent have housing cost burden. Further, 23 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 High Point

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 High Point, North Carolina

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

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 451 86 percent
One BR 2,552 73 percent
Two BR 4,987 64 percent
Rental Units Below FMR in High Point, North Carolina

How many affordable rental units are in High Point?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,347
Public Housing 900
Section 8 Project-Based Rental Assistance 686
Section 202 Supportive Housing for the Elderly 76
Section 811 Supportive Housing for Persons with Disabilities 40
Tracked Units by Federal Program in High Point, North Carolina

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

Income Based Apartments in High Point, North Carolina

High Point features 2,040 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 High Point, North Carolina

There are 614 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in High Point.

Housing Choice Vouchers in High Point, North Carolina

On average, Section 8 Housing Choice vouchers pay High Point landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in High Point.

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

Sourced from federal housing data and AffordableHousingOnline.com research.