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

Discover affordable housing in Hookerton where there are 2+ 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.

Burnside Village Apartments

17 Burnside Village Lane, Hookerton, North Carolina 28538

bed 1
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Lily Ridge

90 Lily Ridge Drive, Hookerton, North Carolina 22968

How To Identify Affordable Housing in Hookerton, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hookerton, North Carolina
$16.21/hour
$8.96 (+124%) more than North Carolina minimum wage and $8.96 (+124%) more than the Federal minimum wage.
Learn More About Hookerton, North Carolina Affordable Housing ↓

What HUD offices serve Hookerton, 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 Hookerton, North Carolina.

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

How many renters live in Hookerton, North Carolina?

The City of Hookerton has people living in households.

There are renters living in renter households in this City. Renters make up 62.63 percent of the population living in Hookerton.

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

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

What is the vacancy rate for rentals in Hookerton?

The rental vacancy rate in Hookerton is 0 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 Hookerton for each bedroom size?

Occupied Rental Units by Size in Hookerton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 19 30 26 23
Occupied Rental Units by Size in Hookerton

A large number of apartments in Hookerton have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Hookerton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $665 to $1,302. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $665
One BR $669
Two BR $856
Three BR $1,184
Four BR $1,302
2024 Fair Market Rents in Hookerton, North Carolina

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

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
One BR 19 100 percent
Two BR 23 77 percent
Rental Units Below FMR in Hookerton, North Carolina

How many affordable rental units are in Hookerton?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Hookerton, North Carolina

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

Income Based Apartments in Hookerton, North Carolina

Hookerton features 16 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 Hookerton, North Carolina

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

Housing Choice Vouchers in Hookerton, North Carolina

On average, Section 8 Housing Choice vouchers pay Hookerton landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Hookerton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hookerton, North Carolina for a two-bedroom apartment is between $770 and $942.

Sourced from federal housing data and AffordableHousingOnline.com research.