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

Hampton Pointe Apartments

350 Hampton Pt
Hillsborough, North Carolina
Rent Assisted
LIHTC
Call For Rent
2-3 BR

Gateway Village

400 Lakeside Dr
Hillsborough, North Carolina
Subsidized
PBRA
S. 223
Call For Rent
Studio-4 BR

Eno Haven

815 US Highway 70A E
Hillsborough, North Carolina
Rent Assisted
LIHTC

Whitted Forest

115 Holiday Park Rd
Hillsborough, North Carolina
Rent Assisted
LIHTC

Coachwood Apt II

200 Cheshire Drive
Hillsborough, North Carolina
Subsidized
Rent Assisted
Senior
Supportive
S. 515 Rural
RDRA

Coachwood Apt I

200 Cheshire Drive
Hillsborough, North Carolina
Subsidized
Rent Assisted
Senior
Supportive
S. 515 Rural
RDRA

New Construction

Mt Herman Church Rd
Hillsborough, North Carolina
Rent Assisted
HOME

Chc of Orange County

202 N Nash St
Hillsborough, North Carolina
Subsidized
Supportive
S. 811 Supportive
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There are 176 low-income apartments in Hillsborough that offer reduced rents to eligible households.

Rental assistance programs support 156 low-income homes in Hillsborough where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $322 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 Hillsborough, 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
Orange County Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Hillsborough.

Hillsborough, North Carolina Affordable Housing Data

Income Based Apartments in Hillsborough, North Carolina

Hillsborough features 156 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 Hillsborough, North Carolina

There are 176 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hillsborough.

Housing Choice Vouchers in Hillsborough, North Carolina

On average, Section 8 Housing Choice vouchers pay Hillsborough landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Hillsborough.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hillsborough, North Carolina for a two-bedroom apartment is between $1,184 and $1,447.

2023 Hillsborough, 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
Hillsborough, North Carolina Fair Market Rent $1,128 $1,134 $1,315 $1,669 $2,031
Hillsborough, North Carolina Payment Standard Range $1,015 to $1,241 $1,021 to $1,247 $1,184 to $1,447 $1,502 to $1,836 $1,828 to $2,234

Sourced from federal housing data and AffordableHousingOnline.com research.

Hillsborough, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 332
Total Housing Units with Rental Assistance 156
Percentage of Housing Units Occupied By Renters 40.42%
Average Renter Household Size 2.53
Average Household Size 2.58
Median Household Income $48,632 ±$5,532
Median Rent $869 ±$105
Percentage Of Renters Overburdened 41.16% ± 14.66pp
Total Population 6,316

Population and Household Demographics

Hillsborough is a city in Orange County, North Carolina with a population of 6,316. There are 2,254 households in the city with an average household size of 2.58 persons. 40.42% of households in Hillsborough are renters.

Income and Rent Overburden in Hillsborough

The median gross income for households in Hillsborough is $48,632 a year, or $4,053 a month. The median rent for the city is $869 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hillsborough, a household making less than $2,897 a month would be considered overburdened when renting an apartment at or above the median rent. 41.16% of households who rent are overburdened in Hillsborough.

Area Median Income In Hillsborough

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 Hillsborough, the AMI is calculated from all households within Orange County.

In Hillsborough, HUD calculates the Area Median Income for a family of four as $116,200

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 Hillsborough

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 Hillsborough

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 Hillsborough AMI may qualify for rental assistance programs that target Extremely Low Income households.
$21,250 $24,300 $27,350 $30,350 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Hillsborough AMI may qualify for rental assistance programs that target Very Low Income households.
$35,400 $40,450 $45,500 $50,550 $54,600 $58,650 $62,700 $66,750
80% AMI Income Limits
Renters earning up to 80% of the Hillsborough AMI may qualify for rental assistance programs that target Low Income households.
$56,650 $64,750 $72,850 $80,900 $87,400 $93,850 $100,350 $106,800