What HUD offices serve Pine Level, 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.
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Pine Level.
How many renters live in Pine Level, North Carolina?
The City of Pine Level has people living in households.
There are renters living in renter households in this City. Renters make up 21.88 percent of the population living in Pine Level.
What is the rental market like in Pine Level, North Carolina?
There are an estimated housing units in the Pine Level area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Pine Level, North Carolina, there are 1.1 rental units.
What is the vacancy rate for rentals in Pine Level?
The rental vacancy rate in Pine Level is 9 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 Pine Level for each bedroom size?
Occupied Rental Units by Size in Pine Level
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 8 | 21 | 109 | 19 | 2 |
Occupied Rental Units by Size in Pine Level
A large number of apartments in Pine Level 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 Pine Level
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,427 to $2,711. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,427 |
| One BR | $1,466 |
| Two BR | $1,646 |
| Three BR | $2,035 |
| Four BR | $2,711 |
2024 Fair Market Rents in Pine Level, North Carolina
How many units are rented at Fair Market Rent (FMR) in Pine Level?
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 | 8 | 100 percent |
| One BR | 21 | 100 percent |
| Two BR | 104 | 95 percent |
Rental Units Below FMR in Pine Level, North Carolina
How many affordable rental units are in Pine Level?
Income Based Apartments in Pine Level, North Carolina
Pine Level features 7 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 Pine Level, North Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pine Level.
Housing Choice Vouchers in Pine Level, North Carolina
On average, Section 8 Housing Choice vouchers pay Pine Level landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pine Level.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pine Level, North Carolina for a two-bedroom apartment is between $1,481 and $1,811.
Sourced from federal housing data and AffordableHousingOnline.com research.