Affordable Housing In Mecklenburg County
North Carolina

189 Low Income Apartment Communities In Mecklenburg County

Willow Oak Run

2908 Turning Oak Dr
Charlotte, NC
$285-732
2-3 BR
HCV Welcome

South Oak Crossing

7609 Kings Ridge Dr
Charlotte, NC
$960-1,075
2-3 BR
HCV Welcome

Hillcrest Apartments

2603 Arnold Drive
Charlotte, NC
Income Based
2 BR
Subsidized

McAden Park Apartments

1303 Seigle Avenue
Charlotte, NC
Call For Rent
1-3 BR

Montgomery Gardens Apartments

5200 Beatties Ford Rd
Charlotte, NC
$695-850
2-3 BR
HCV Welcome

Centra Square

1015 E 16TH ST
Charlotte, NC
$510-825
1-3 BR
HCV Welcome

Fairmarket Plaza Apartments

6427 Plaza Rd
Charlotte, NC
Call For Rent
1 BR
Subsidized

Moss Place at Centra Square

1015 E 16TH ST
Charlotte, NC
$510-825
1-3 BR
55+
HCV Welcome

Whitehall Crossing

2650 Arrowwood Rd
Charlotte, NC
$805-915
2-3 BR
HCV Welcome

Baxter Street Flats

630 Avant St
Charlotte, NC
$440-920
1-3 BR
HCV Welcome

Other Housing Authorities located in Mecklenburg County

Housing Authority Programs
Charlotte Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work

Guide To Affordable Housing in Mecklenburg County, North Carolina

There are 189 low income housing apartment communities offering 14,283 affordable apartments for rent in Mecklenburg County, North Carolina. Mecklenburg County features 7,371 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 6,912 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Mecklenburg County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Mecklenburg County, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 189
Total Low Income Apartments 14,283
Total Housing Units with Rental Assistance 7,371
Percentage of Housing Units Occupied By Renters 42.52%
Average Renter Household Size 2.44
Average Household Size 2.57
Median Household Income $56,854 ±$639
Median Rent $938 ±$7
Percentage Of Renters Overburdened 46.03% ± 1.09pp
Total Population 990,288

Population and Household Demographics

Mecklenburg County is a County in North Carolina with a population of 990,288. There are 379,786 households in the county with an average household size of 2.57 persons. 42.52% of households in Mecklenburg County are renters.

Income and Rent Overburden in Mecklenburg County

The median gross income for households in Mecklenburg County is $56,854 a year, or $4,738 a month. The median rent for the county is $938 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mecklenburg County, a household making less than $3,127 a month would be considered overburdened when renting an apartment at or above the median rent. 46.03% of households who rent are overburdened in Mecklenburg County.1

Area Median Income In Mecklenburg 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 Mecklenburg County, HUD calculates the Area Median Income for a family of four as $79,000

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 Mecklenburg 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 Mecklenburg County HUD Rental Assistance in Mecklenburg County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,600 $19,000 $21,350 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,650 $31,600 $35,550 $39,500 $42,700 $45,850 $49,000 $52,150
80% of Median $44,250 $50,600 $56,900 $63,200 $68,300 $73,350 $78,400 $83,450
Low Income Housing Tax Credits in Mecklenburg County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2012, 100 low income apartment communities containing 7,023 rental apartments have been constructed and made affordable to low income persons in Mecklenburg County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Mecklenburg County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,650 $31,600 $35,550 $39,500 $42,700 $45,850 $49,000 $52,150
60% of Median $33,180 $37,920 $42,660 $47,400 $51,240 $55,020 $58,800 $62,580

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Mecklenburg County is $42,660 a year, or $3,555 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,555 by 30% to get a maximum rent of $1,067 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $691 $741 $889 $1,028 $1,146 $1,264
60% $830 $889 $1,067 $1,233 $1,376 $1,517
Fair Market Rents in Mecklenburg County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$907 $934 $1,063 $1,423 $1,828

Cities In Mecklenburg County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Charlotte 180 The HUD funded Public Housing Agency that serves Charlotte is the Charlotte Housing Authority.
Pineville 2
Huntersville 5
Cornelius 2
Matthews 0
Weddington 0
Mint Hill 0
Stallings 0