Low Income Apartments and Affordable Housing For Rent in Lee County, NC

Discover affordable housing in Lee County where there are 26+ 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.

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Lee County, 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: May 17
Open Until Further Notice
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Reported On May 17th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lee County, North Carolina
$19.15/hour
$11.90 (+164%) more than North Carolina minimum wage and $11.90 (+164%) more than the Federal minimum wage.
Learn More About Lee County, North Carolina Affordable Housing ↓

What HUD offices serve Lee County, 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, Rental Assistance Demonstration (RAD) programs for Lee County, North Carolina.

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

How many renters live in Lee County, North Carolina?

The County of Lee County has people living in households.

There are renters living in renter households in this County. Renters make up 33.74 percent of the population living in Lee County.

What is the rental market like in Lee County, North Carolina?

There are an estimated housing units in the Lee County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lee County, North Carolina, there are 1.07 rental units.

What is the vacancy rate for rentals in Lee County?

The rental vacancy rate in Lee County is 7 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 Lee County for each bedroom size?

Occupied Rental Units by Size in Lee County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
73 1,164 3,729 3,054 213
Occupied Rental Units by Size in Lee County

A large number of apartments in Lee County 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 Lee County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $842 to $1,566. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $842
One BR $871
Two BR $1,011
Three BR $1,242
Four BR $1,566
2024 Fair Market Rents in Lee County, North Carolina

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

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 53 73 percent
One BR 851 73 percent
Two BR 2,674 72 percent
Rental Units Below FMR in Lee County, North Carolina

How many affordable rental units are in Lee County?

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

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

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

Income Based Apartments in Lee County, North Carolina

Lee County features 931 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 Lee County, North Carolina

There are 459 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lee County.

Housing Choice Vouchers in Lee County, North Carolina

On average, Section 8 Housing Choice vouchers pay Lee County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Lee County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lee County, North Carolina for a two-bedroom apartment is between $910 and $1,112.

Sourced from federal housing data and AffordableHousingOnline.com research.