Low Income Apartments and Affordable Housing For Rent in Pink Hill, NC

Discover affordable housing in Pink Hill where there are 1+ 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.

Ridgewood Apartments

405 Old Beulaville Rd, Pink Hill, North Carolina 28572

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pink Hill, North Carolina
$8.96 (+124%) more than North Carolina minimum wage and $8.96 (+124%) more than the Federal minimum wage.
Learn More About Pink Hill, North Carolina Affordable Housing ↓

What HUD offices serve Pink Hill, 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 Section 8 Housing Choice Voucher (HCV), Public Housing programs for Pink Hill, North Carolina.

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

How many renters live in Pink Hill, North Carolina?

The City of Pink Hill has 528 people living in 241 households.

There are 197 renters living in 115 renter households in this City. Renters make up 37.31 percent of the population living in Pink Hill.

What is the rental market like in Pink Hill, North Carolina?

There are an estimated 327 housing units in the Pink Hill area. Of these, 143 units are rental homes, making up 44 percent of the housing market. For every renter household in Pink Hill, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Pink Hill?

The rental vacancy rate in Pink Hill is 20 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 Pink Hill for each bedroom size?

Occupied Rental Units by Size in Pink Hill
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 4 38 67 6
Occupied Rental Units by Size in Pink Hill

A large number of apartments in Pink Hill have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Pink Hill are overburdened by housing costs?

Among renter households in this market, 41 percent have housing cost burden. Further, 17 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Pink Hill

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $650 to $1,376. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $650
One BR $654
Two BR $856
Three BR $1,206
Four BR $1,376
2024 Fair Market Rents in Pink Hill, North Carolina

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

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
One BR 2 50 percent
Two BR 21 55 percent
Rental Units Below FMR in Pink Hill, North Carolina

How many affordable rental units are in Pink Hill?

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

Federal Program Unit Count
Low Income Housing Tax Credit 16
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Pink Hill, North Carolina

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

Income Based Apartments in Pink Hill, North Carolina

Pink Hill features 16 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 Pink Hill, North Carolina

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

Housing Choice Vouchers in Pink Hill, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Pink Hill, North Carolina for a two-bedroom apartment is between $770 and $942.

Sourced from federal housing data and AffordableHousingOnline.com research.