Affordable Housing In Moore County
North Carolina

29 Low Income Apartment Communities In Moore County

Timberlane Apartments

190-C Murray Hill Road
Southern Pines, NC
$586-691
1-2 BR
HCV Welcome

Random Woods Apartments

240 E Salisbury Street
Robbins, NC
$778-818
1-2 BR

Creston Commons II

1000 Talmadge Dr
Southern Pines, NC
Call For Rent
1-3 BR
HCV Welcome

Creston Commons

555 Talmadge Dr
Southern Pines, NC
Call For Rent
1-3 BR
HCV Welcome

Austins Ridge

501 Austins Ridge Cir
Southern Pines, NC
Call For Rent
Studio BR
HCV Welcome

Jackson Terrace

700 Anderson St
Carthage, NC
HCV Welcome

Pinehurst Senior Apartments

4176 Murdocksville Road
West Canton, NC
Call For Rent
1-2 BR
HCV Welcome

Pine Hill Apartments

221 Keith St
Aberdeen, NC
Subsidized

Holly Ridge Apartments

440 Holly St
Vass, NC
Subsidized

Woodgreen Apartments

300 Bradford Dr
Aberdeen, NC
HCV Welcome

Other Housing Authorities located in Moore County

Housing Authority Programs
Southern Pines Housing Authority Public Housing
Sandhills Community Action Program Inc. Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Moore County, North Carolina

There are 29 low income housing apartment communities offering 999 affordable apartments for rent in Moore County, North Carolina. Moore County features 595 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 404 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Moore County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Moore County, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 29
Total Low Income Apartments 999
Total Housing Units with Rental Assistance 595
Percentage of Housing Units Occupied By Renters 25.39%
Average Renter Household Size 2.44
Average Household Size 2.44
Median Household Income $50,998 ±$1,230
Median Rent $771 ±$18
Percentage Of Renters Overburdened 40.69% ± 4.26pp
Total Population 91,743

Population and Household Demographics

Moore County is a County in North Carolina with a population of 91,743. There are 37,143 households in the county with an average household size of 2.44 persons. 25.39% of households in Moore County are renters.

Income and Rent Overburden in Moore County

The median gross income for households in Moore County is $50,998 a year, or $4,250 a month. The median rent for the county is $771 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Moore County, a household making less than $2,570 a month would be considered overburdened when renting an apartment at or above the median rent. 40.69% of households who rent are overburdened in Moore County.1

Area Median Income In Moore 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 Moore County, HUD calculates the Area Median Income for a family of four as $78,700

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 Moore 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 Moore County HUD Rental Assistance in Moore County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,300 $17,500 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,550 $29,200 $32,850 $36,450 $39,400 $42,300 $45,200 $48,150
80% of Median $40,850 $46,650 $52,500 $58,300 $63,000 $67,650 $72,300 $77,000
Low Income Housing Tax Credits in Moore County

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

From 1988 to 2012, 11 low income apartment communities containing 448 rental apartments have been constructed and made affordable to low income persons in Moore 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 Moore County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,550 $29,200 $32,850 $36,450 $39,400 $42,300 $45,200 $48,150
60% of Median $30,660 $35,040 $39,420 $43,740 $47,280 $50,760 $54,240 $57,780

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 Moore County is $39,420 a year, or $3,285 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,285 by 30% to get a maximum rent of $986 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% $639 $684 $821 $948 $1,058 $1,167
60% $767 $821 $986 $1,138 $1,269 $1,400
Fair Market Rents in Moore 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
$666 $710 $808 $1,049 $1,419

Cities In Moore County

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

City Listings Served By
Southern Pines 11 The HUD funded Public Housing Agency that serves Southern Pines is the Southern Pines Housing Authority.
Carthage 4
Aberdeen 9
Robbins 3
Vass 1
0
Foxfire 0
Seven Lakes 0
Whispering Pines 0
Cameron 0
Pinebluff 0
Pinehurst 0
Taylortown 0