How many renters live in Liberty, North Carolina?
The City of Liberty has people living in households.
There are renters living in renter households in this City. Renters make up 48.05 percent of the population living in Liberty.
What is the rental market like in Liberty, North Carolina?
There are an estimated housing units in the Liberty area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Liberty, North Carolina, there are 1.17 rental units.
What is the vacancy rate for rentals in Liberty?
The rental vacancy rate in Liberty is 3 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 Liberty for each bedroom size?
Occupied Rental Units by Size in Liberty
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 184 | 184 | 149 | 0 |
Occupied Rental Units by Size in Liberty
A large number of apartments in Liberty 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 Liberty
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,011 to $1,680. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,011 |
| One BR | $1,042 |
| Two BR | $1,170 |
| Three BR | $1,493 |
| Four BR | $1,680 |
2024 Fair Market Rents in Liberty, North Carolina
How many units are rented at Fair Market Rent (FMR) in Liberty?
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 | 184 | 100 percent |
| Two BR | 140 | 76 percent |
Rental Units Below FMR in Liberty, North Carolina
How many affordable rental units are in Liberty?
There are a variety of federal affordable housing programs serving households in Liberty, North Carolina including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Liberty, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Liberty, North Carolina
Liberty features 86 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 Liberty, North Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Liberty.
Housing Choice Vouchers in Liberty, North Carolina
On average, Section 8 Housing Choice vouchers pay Liberty landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Liberty.
The maximum amount a voucher would pay on behalf of a low-income tenant in Liberty, North Carolina for a two-bedroom apartment is between $1,053 and $1,287.
Sourced from federal housing data and AffordableHousingOnline.com research.