How many renters live in Macon County, North Carolina?
The County of Macon County has people living in households.
There are renters living in renter households in this County. Renters make up 24.77 percent of the population living in Macon County.
What is the rental market like in Macon County, North Carolina?
There are an estimated housing units in the Macon County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Macon County, North Carolina, there are 1.04 rental units.
What is the vacancy rate for rentals in Macon County?
The rental vacancy rate in Macon County is 4 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 Macon County for each bedroom size?
Occupied Rental Units by Size in Macon County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 176 | 582 | 2,149 | 1,285 | 281 |
Occupied Rental Units by Size in Macon County
A large number of apartments in Macon 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 Macon County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $802 to $1,437. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $802 |
| One BR | $849 |
| Two BR | $962 |
| Three BR | $1,163 |
| Four BR | $1,437 |
2024 Fair Market Rents in Macon County, North Carolina
How many units are rented at Fair Market Rent (FMR) in Macon 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 | 161 | 91 percent |
| One BR | 329 | 57 percent |
| Two BR | 1,553 | 72 percent |
Rental Units Below FMR in Macon County, North Carolina
How many affordable rental units are in Macon County?
There are a variety of federal affordable housing programs serving households in Macon County, North Carolina including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Macon County, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Macon County, North Carolina
Macon County features 77 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 Macon County, North Carolina
There are 204 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Macon County.
Housing Choice Vouchers in Macon County, North Carolina
On average, Section 8 Housing Choice vouchers pay Macon County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Macon County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Macon County, North Carolina for a two-bedroom apartment is between $866 and $1,058.
Sourced from federal housing data and AffordableHousingOnline.com research.