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

Discover affordable housing in Maysville 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.

Longview Apartments

101 Longview Dr, Maysville, North Carolina 28555

Mays Landing Apartments

602 Mattocks Ave, Maysville, North Carolina 28555

calendar_today Opened: Feb 2
Open Until Further Notice

Reported On February 23rd, 2024 by Colleen Carter

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Maysville, North Carolina
$16.21/hour
$8.96 (+124%) more than North Carolina minimum wage and $8.96 (+124%) more than the Federal minimum wage.
Learn More About Maysville, North Carolina Affordable Housing ↓

What HUD offices serve Maysville, 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) programs for Maysville, North Carolina.

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

How many renters live in Maysville, North Carolina?

The City of Maysville has 893 people living in 304 households.

There are 333 renters living in 107 renter households in this City. Renters make up 37.29 percent of the population living in Maysville.

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

There are an estimated 477 housing units in the Maysville area. Of these, 140 units are rental homes, making up 29 percent of the housing market. For every renter household in Maysville, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Maysville?

The rental vacancy rate in Maysville is 24 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 Maysville for each bedroom size?

Occupied Rental Units by Size in Maysville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 36 8 43 9
Occupied Rental Units by Size in Maysville

A large number of apartments in Maysville 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 Maysville are overburdened by housing costs?

Among renter households in this market, 64 percent have housing cost burden. Further, 21 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 Maysville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $670 to $1,230. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $670
One BR $674
Two BR $856
Three BR $1,206
Four BR $1,230
2024 Fair Market Rents in Maysville, North Carolina

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

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 28 78 percent
Two BR 8 100 percent
Rental Units Below FMR in Maysville, North Carolina

How many affordable rental units are in Maysville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 48
Section 8 Project-Based Rental Assistance 29
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Maysville, North Carolina

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

Income Based Apartments in Maysville, North Carolina

Maysville features 54 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 Maysville, North Carolina

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

Housing Choice Vouchers in Maysville, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Maysville, North Carolina for a two-bedroom apartment is between $770 and $942.

Sourced from federal housing data and AffordableHousingOnline.com research.