. Low Income Apartments For Rent in Pinetops, North Carolina - Affordable Housing Online

Wilshire Apartments

806 Old Wilson Road
Pinetops, North Carolina

Devonshire Housing Llc

400 Devonshire Drive
Pinetops, North Carolina
Rent Assisted
S. 515 Rural
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There are 0 low-income apartments in Pinetops that offer reduced rents to eligible households.

Rental assistance programs support 73 low-income homes in Pinetops where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Pinetops, 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.

Housing Authority Programs
Nash-Edgecombe Economic Development Inc. Section 8 Housing Choice Voucher (HCV)
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Pinetops.

Pinetops, North Carolina Affordable Housing Data

Income Based Apartments in Pinetops, North Carolina

Pinetops features 73 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 Pinetops, North Carolina

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

Housing Choice Vouchers in Pinetops, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Pinetops, North Carolina for a two-bedroom apartment is between $801 and $979.

2023 Pinetops, North Carolina Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Pinetops, North Carolina Fair Market Rent $712 $717 $890 $1,210 $1,323
Pinetops, North Carolina Payment Standard Range $641 to $783 $645 to $789 $801 to $979 $1,089 to $1,331 $1,191 to $1,455

Sourced from federal housing data and AffordableHousingOnline.com research.

Pinetops, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 73
Total Housing Units with Rental Assistance 73
Percentage of Housing Units Occupied By Renters 55.03%
Average Renter Household Size 2.45
Average Household Size 2.29
Median Household Income $22,798 ±$4,356
Median Rent $517 ±$91
Percentage Of Renters Overburdened 52.69% ± 12.92pp
Total Population 1,161

Population and Household Demographics

Pinetops is a city in Edgecombe County, North Carolina with a population of 1,161. There are 507 households in the city with an average household size of 2.29 persons. 55.03% of households in Pinetops are renters.

Income and Rent Overburden in Pinetops

The median gross income for households in Pinetops is $22,798 a year, or $1,900 a month. The median rent for the city is $517 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pinetops, a household making less than $1,723 a month would be considered overburdened when renting an apartment at or above the median rent. 52.69% of households who rent are overburdened in Pinetops.

Area Median Income In Pinetops

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Pinetops, the AMI is calculated from all households within Edgecombe County.

In Pinetops, HUD calculates the Area Median Income for a family of four as $77,700

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 Pinetops

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 HUD Rental Assistance in Pinetops

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30% AMI Income Limits
Renters earning up to 30% of the Pinetops AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,900 $19,720 $24,860 $30,000 $35,140 $40,280 $43,900 $46,750
50% AMI Income Limits
Renters earning up to 50% of the Pinetops AMI may qualify for rental assistance programs that target Very Low Income households.
$24,800 $28,350 $31,900 $35,400 $38,250 $41,100 $43,900 $46,750
80% AMI Income Limits
Renters earning up to 80% of the Pinetops AMI may qualify for rental assistance programs that target Low Income households.
$39,700 $45,350 $51,000 $56,650 $61,200 $65,750 $70,250 $74,800