Affordable Housing In Lenoir County
30 Low Income Apartment Communities In Lenoir County
Other Housing Authorities located in Lenoir County
|Kinston Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Lenoir County, North Carolina
There are 30 low income housing apartment communities offering 1,468 affordable apartments for rent in Lenoir County, North Carolina.
Income Based Apartments in Lenoir County, North Carolina
Lenoir County features 908 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 Lenoir County, North Carolina
There are 560 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lenoir County.
Housing Choice Vouchers in Lenoir County, North Carolina
On average, Section 8 Housing Choice vouchers pay Lenoir County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Lenoir County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Lenoir County, North Carolina for a two-bedroom apartment is between $648 and $792.
2020 Lenoir County, 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|
|Fair Market Rent||$505||$547||$720||$980||$1,220|
|Payment Standard Range||$455 to $556||$492 to $602||$648 to $792||$882 to $1,078||$1,098 to $1,342|
Sourced from federal housing data and AffordableHousingOnline.com research.
Lenoir County, NC Affordable Housing Snapshot
|Total Affordable Apartment Properties||30|
|Total Low Income Apartments||1,468|
|Total Housing Units with Rental Assistance||908|
|Percentage of Housing Units Occupied By Renters||39.65%|
|Average Renter Household Size||2.45|
|Average Household Size||2.47|
|Median Household Income||$34,717 ±$1,371|
|Median Rent||$668 ±$17|
|Percentage Of Renters Overburdened||45.37% ± 3.43pp|
Population and Household Demographics
Lenoir County is a County in North Carolina with a population of 58,782. There are 23,335 households in the county with an average household size of 2.47 persons. 39.65% of households in Lenoir County are renters.
Income and Rent Overburden in Lenoir County
The median gross income for households in Lenoir County is $34,717 a year, or $2,893 a month. The median rent for the county is $668 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lenoir County, a household making less than $2,227 a month would be considered overburdened when renting an apartment at or above the median rent. 45.37% of households who rent are overburdened in Lenoir County.1
Area Median Income In Lenoir County
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.
In Lenoir County, HUD calculates the Area Median Income for a family of four as $50,100
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 Lenoir County
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 Lenoir County HUD Rental Assistance in Lenoir County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,490||$16,910||$21,330||$25,750||$29,850||$32,050||$34,250||$36,450|
|50% of Median||$19,350||$22,100||$24,850||$27,600||$29,850||$32,050||$34,250||$36,450|
|80% of Median||$30,950||$35,350||$39,750||$44,150||$47,700||$51,250||$54,750||$58,300|