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

Discover affordable housing in Mooresville where there are 16+ 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.

Stonecreek Apartments

130 J C Cir, Mooresville, North Carolina 28115

bed 2-4
payment $1199-1399/mo.

Cascade Garden Apartments

707 Cascade St, Mooresville, North Carolina 28115

bed 1-2

Park Avenue Place Apartments

400 W Park Ave, Mooresville, North Carolina 28115

Park Place II

119 Creekridge Circle, Mooresville, North Carolina 28115

Sedgefield Apartments

451 Hillside Drive, Mooresville, North Carolina 28115

Hillside Apartments

451 Hillside Drive, Mooresville, North Carolina 28115

Mooresville Manor

323 E Statesville Ave, Mooresville, North Carolina 28115

Meadowlark Glen Apartments

739 Lark Glen Dr, Mooresville, North Carolina 28115

Church Street Apartments

241 S Church St, Mooresville, North Carolina 28115

Curlin Commons

276 Overhead Bridge Rd, Mooresville, North Carolina 28115

Piedmont Pointe

190 Piedmont Pointe Dr, Mooresville, North Carolina 28115

Colonial Ridge

106 Colonial Ridge Cir, Mooresville, North Carolina 28117

Parkview Apartments

332 W McNeely Ave, Mooresville, North Carolina 28115

West End

701 Circle Dr, Mooresville, North Carolina 28115

Modern Dixie Development, Llc

Park Ave, Mooresville, North Carolina 28115

North Carolina Dept. Comm

Mcneely St, Mooresville, North Carolina 27511

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Mooresville, North Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mooresville, North Carolina
$22.86/hour
$15.61 (+215%) more than North Carolina minimum wage and $15.61 (+215%) more than the Federal minimum wage.
Learn More About Mooresville, North Carolina Affordable Housing ↓

What HUD offices serve Mooresville, 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 Public Housing programs for Mooresville, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Mooresville, North Carolina.

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

How many renters live in Mooresville, North Carolina?

The City of Mooresville has people living in households.

There are renters living in renter households in this City. Renters make up 37.24 percent of the population living in Mooresville.

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

There are an estimated housing units in the Mooresville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mooresville, North Carolina, there are 1.05 rental units.

What is the vacancy rate for rentals in Mooresville?

The rental vacancy rate in Mooresville 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 Mooresville for each bedroom size?

Occupied Rental Units by Size in Mooresville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
151 1,816 2,961 2,166 647
Occupied Rental Units by Size in Mooresville

A large number of apartments in Mooresville 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 Mooresville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,046 to $2,048. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,046
One BR $1,075
Two BR $1,207
Three BR $1,652
Four BR $2,048
2024 Fair Market Rents in Mooresville, North Carolina

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

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 47 31 percent
One BR 561 31 percent
Two BR 1,115 38 percent
Rental Units Below FMR in Mooresville, North Carolina

How many affordable rental units are in Mooresville?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Mooresville, North Carolina

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

Income Based Apartments in Mooresville, North Carolina

Mooresville features 399 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 Mooresville, North Carolina

There are 522 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mooresville.

Housing Choice Vouchers in Mooresville, North Carolina

On average, Section 8 Housing Choice vouchers pay Mooresville landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Mooresville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mooresville, North Carolina for a two-bedroom apartment is between $1,086 and $1,328.

Sourced from federal housing data and AffordableHousingOnline.com research.