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

Discover affordable housing in Kannapolis where there are 74+ 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.

1507 Central Dr

1507 Central Dr, Kannapolis, North Carolina 28083

bed 3
payment $1575/mo.

768 Hillside St

768 Hillside St, Kannapolis, North Carolina 28083

bed 2
payment $1450/mo.

1515 Prickly Pear Dr

1515 Prickly Pear Dr, Kannapolis, North Carolina 28083

bed 3
payment $1800/mo.

1605 Frederick Ave

1605 Frederick Ave, Kannapolis, North Carolina 28081

bed 3
payment $1765/mo.

400 W 9th St

400 W 9th St, Kannapolis, North Carolina 28081

bed 3
payment $1800/mo.

1229 Moss Acres Ct

1229 Moss Acres Ct, Kannapolis, North Carolina 28081

bed 3
payment $1649/mo.

604 W 8th St

604 W 8th St, Kannapolis, North Carolina 28081

bed 3
payment $1800/mo.

1101 Woodlawn St

1101 Woodlawn St, Kannapolis, North Carolina 28083

bed 3
payment $1675/mo.

3214 Penny Earley Ln

3214 Penny Earley Ln, Kannapolis, North Carolina 28083

bed 3
payment $1805/mo.

Chc of Cabarrus County

2158 Windermere Dr, Kannapolis, North Carolina 28083

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Arc Hds Cabarrus Co Gh 1

1201 Chipola St, Kannapolis, North Carolina 28083

switch_access_shortcut Short Wait

Arc Hds Piedmont Icf Mr Group Home

1006 Michigan St, Kannapolis, North Carolina 28083

switch_access_shortcut Short Wait

Coldwater Ridge Apartments

2365 Coldwater Ridge Dr., Kannapolis, North Carolina 28083

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

Running Brook, Grant St, Locust St

2300 Running Brook Dr, Kannapolis, North Carolina 28081

payment Subsidized

How To Identify Affordable Housing in Kannapolis, 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 Kannapolis, North Carolina
$29.43/hour
$22.18 (+306%) more than North Carolina minimum wage and $22.18 (+306%) more than the Federal minimum wage.
Learn More About Kannapolis, North Carolina Affordable Housing ↓

How many renters live in Kannapolis, North Carolina?

The City of Kannapolis has people living in households.

There are renters living in renter households in this City. Renters make up 35.66 percent of the population living in Kannapolis.

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

There are an estimated housing units in the Kannapolis area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Kannapolis, North Carolina, there are 1.21 rental units.

What is the vacancy rate for rentals in Kannapolis?

The rental vacancy rate in Kannapolis is 10 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Kannapolis for each bedroom size?

Occupied Rental Units by Size in Kannapolis
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
473 1,038 3,271 1,715 565
Occupied Rental Units by Size in Kannapolis

A large number of apartments in Kannapolis 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 Kannapolis

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 Kannapolis, North Carolina

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

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 377 80 percent
One BR 862 83 percent
Two BR 2,884 88 percent
Rental Units Below FMR in Kannapolis, North Carolina

How many affordable rental units are in Kannapolis?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Kannapolis, North Carolina

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

Income Based Apartments in Kannapolis, North Carolina

Kannapolis features 486 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 Kannapolis, North Carolina

There are 284 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kannapolis.

Housing Choice Vouchers in Kannapolis, North Carolina

On average, Section 8 Housing Choice vouchers pay Kannapolis landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Kannapolis.

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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