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

Discover affordable housing in Huntersville where there are 5+ 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.

Bellamoor at the Park

16515 Old Statesville Road, Huntersville, North Carolina 28078

Deer Hill

14908 Statesville Rd, Huntersville, North Carolina 28078

White Hill Apartments

300 Huntersville Concord Rd, Huntersville, North Carolina 28078

Parkview Apartments

221 Commerce Centre Dr, Huntersville, North Carolina 28078

Western North Carolina Comm. Apartments 1

9800 Kincey Ave, Huntersville, North Carolina 28078

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Huntersville, North Carolina
$22.18 (+306%) more than North Carolina minimum wage and $22.18 (+306%) more than the Federal minimum wage.
Learn More About Huntersville, North Carolina Affordable Housing ↓

How many renters live in Huntersville, North Carolina?

The City of Huntersville has 61,202 people living in 22,974 households.

There are 13,865 renters living in 6,175 renter households in this City. Renters make up 22.65 percent of the population living in Huntersville.

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

There are an estimated 23,948 housing units in the Huntersville area. Of these, 6,622 units are rental homes, making up 28 percent of the housing market. For every renter household in Huntersville, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Huntersville?

The rental vacancy rate in Huntersville is 6 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 Huntersville for each bedroom size?

Occupied Rental Units by Size in Huntersville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
179 1,025 2,616 1,721 375
Occupied Rental Units by Size in Huntersville

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

Among renter households in this market, 38 percent have housing cost burden. Further, 19 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 Huntersville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,347 to $2,481. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,347
One BR $1,384
Two BR $1,554
Three BR $1,936
Four BR $2,481
2024 Fair Market Rents in Huntersville, North Carolina

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

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 106 59 percent
One BR 659 64 percent
Two BR 1,159 44 percent
Rental Units Below FMR in Huntersville, North Carolina

How many affordable rental units are in Huntersville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 262
Section 8 Project-Based Rental Assistance 40
Section 811 Supportive Housing for Persons with Disabilities 10
USDA Section 515 Rural Rental Housing 88
Tracked Units by Federal Program in Huntersville, North Carolina

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

Income Based Apartments in Huntersville, North Carolina

Huntersville features 89 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 Huntersville, North Carolina

There are 224 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Huntersville.

Housing Choice Vouchers in Huntersville, North Carolina

On average, Section 8 Housing Choice vouchers pay Huntersville landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Huntersville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Huntersville, North Carolina for a two-bedroom apartment is between $1,399 and $1,709.

Sourced from federal housing data and AffordableHousingOnline.com research.