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

Discover affordable housing in Maiden where there are 2+ 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.

Arc Hds Catawba Co Gh 1

401 N 4th Ave, Maiden, North Carolina 28650

Maiden Apartments

201 N. 4th Avenue, Maiden, North Carolina

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Maiden, North Carolina
$19.20/hour
$11.95 (+165%) more than North Carolina minimum wage and $11.95 (+165%) more than the Federal minimum wage.
Learn More About Maiden, North Carolina Affordable Housing ↓

What HUD offices serve Maiden, 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), Family Self-Sufficiency, Homeownership, Family Unification Program (FUP) programs for Maiden, North Carolina.

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

How many renters live in Maiden, North Carolina?

The City of Maiden has 3,727 people living in 1,401 households.

There are 882 renters living in 345 renter households in this City. Renters make up 23.67 percent of the population living in Maiden.

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

There are an estimated 1,501 housing units in the Maiden area. Of these, 345 units are rental homes, making up 23 percent of the housing market. For every renter household in Maiden, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Maiden?

The rental vacancy rate in Maiden is 0 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 Maiden for each bedroom size?

Occupied Rental Units by Size in Maiden
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 22 215 90 18
Occupied Rental Units by Size in Maiden

A large number of apartments in Maiden have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Maiden are overburdened by housing costs?

Among renter households in this market, 4 percent have housing cost burden. Further, 4 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Maiden

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $806 to $1,506. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $806
One BR $834
Two BR $1,014
Three BR $1,314
Four BR $1,506
2024 Fair Market Rents in Maiden, North Carolina

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

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 7 32 percent
Two BR 215 100 percent
Rental Units Below FMR in Maiden, North Carolina

How many affordable rental units are in Maiden?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 6
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Maiden, North Carolina

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

Income Based Apartments in Maiden, North Carolina

Maiden features 27 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 Maiden, North Carolina

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Maiden.

Housing Choice Vouchers in Maiden, North Carolina

On average, Section 8 Housing Choice vouchers pay Maiden landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Maiden.

The maximum amount a voucher would pay on behalf of a low-income tenant in Maiden, North Carolina for a two-bedroom apartment is between $913 and $1,115.

Sourced from federal housing data and AffordableHousingOnline.com research.