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

Discover affordable housing in Raleigh where there are 402+ 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.

5827 Waterford Landing Ct

5827 Waterford Landing Ct, Raleigh, North Carolina 27610

bed 4
payment $2420/mo.

3911 Water Oak Dr

3911 Water Oak Dr, Raleigh, North Carolina 27616

bed 1
payment $1099/mo.

4116 Breadfruit Ct

4116 Breadfruit Ct, Raleigh, North Carolina 27616

bed 3
payment $1795/mo.

3217 Marshlane Way

3217 Marshlane Way, Raleigh, North Carolina 27610

bed 4
payment $2255/mo.

4004 Flat Sedge Ln

4004 Flat Sedge Ln, Raleigh, North Carolina 27604

bed 3
payment $1895/mo.

8722 Winding River Way

8722 Winding River Way, Raleigh, North Carolina 27616

bed 3
payment $1845/mo.

1538 Brown Owl Dr

1538 Brown Owl Dr, Raleigh, North Carolina 27610

bed 3
payment $1965/mo.

3623 Mechanicsville Run Ln

3623 Mechanicsville Run Ln, Raleigh, North Carolina 27610

bed 3
payment $1830/mo.

5302 Interlock Dr

5302 Interlock Dr, Raleigh, North Carolina 27610

bed 4
payment $2195/mo.

4001 Toccopola St

4001 Toccopola St, Raleigh, North Carolina 27604

bed 4
payment $2175/mo.

3412 Asgar Ct

3412 Asgar Ct, Raleigh, North Carolina 27610

bed 5
payment $2235/mo.

4129 Toccopola St

4129 Toccopola St, Raleigh, North Carolina 27604

bed 3
payment $1950/mo.

1513 Clover Ridge Ct

1513 Clover Ridge Ct, Raleigh, North Carolina 27610

bed 4
payment $2125/mo.

3315 Chrysanthemum Way

3315 Chrysanthemum Way, Raleigh, North Carolina 27614

bed 4
payment $2290/mo.

5705 Weddington Rd

5705 Weddington Rd, Raleigh, North Carolina 27610

bed 3
payment $1829/mo.

2012 Winston Diamond Ct

2012 Winston Diamond Ct, Raleigh, North Carolina 27610

bed 3
payment $1870/mo.

10633 Old Stage Rd

10633 Old Stage Rd, Raleigh, North Carolina 27603

bed 3
payment $1745/mo.

5201 Pronghorn Ln

5201 Pronghorn Ln, Raleigh, North Carolina 27610

bed 3
payment $1925/mo.

4220 Crowfield Dr

4220 Crowfield Dr, Raleigh, North Carolina 27610

bed 4
payment $2099/mo.

3516 Pinnacle Peak Dr

3516 Pinnacle Peak Dr, Raleigh, North Carolina 27604

bed 4
payment $2350/mo.

How To Identify Affordable Housing in Raleigh, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Raleigh, North Carolina
$31.17/hour
$23.92 (+330%) more than North Carolina minimum wage and $23.92 (+330%) more than the Federal minimum wage.
Learn More About Raleigh, North Carolina Affordable Housing ↓

What HUD offices serve Raleigh, 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 Raleigh, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Public Housing Homeownership, Family Self-Sufficiency programs for Raleigh, North Carolina.

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

How many renters live in Raleigh, North Carolina?

The City of Raleigh has people living in households.

There are renters living in renter households in this City. Renters make up 42.38 percent of the population living in Raleigh.

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

There are an estimated housing units in the Raleigh area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Raleigh, North Carolina, there are 1.23 rental units.

What is the vacancy rate for rentals in Raleigh?

The rental vacancy rate in Raleigh is 16 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 Raleigh for each bedroom size?

Occupied Rental Units by Size in Raleigh
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5,100 25,312 41,040 18,856 5,800
Occupied Rental Units by Size in Raleigh

A large number of apartments in Raleigh 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 Raleigh

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 Raleigh, North Carolina

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

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 3,844 75 percent
One BR 16,798 66 percent
Two BR 23,231 57 percent
Rental Units Below FMR in Raleigh, North Carolina

How many affordable rental units are in Raleigh?

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

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

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

Income Based Apartments in Raleigh, North Carolina

Raleigh features 2,494 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 Raleigh, North Carolina

There are 6,255 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Raleigh.

Housing Choice Vouchers in Raleigh, North Carolina

On average, Section 8 Housing Choice vouchers pay Raleigh landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Raleigh.

The maximum amount a voucher would pay on behalf of a low-income tenant in Raleigh, North Carolina for a two-bedroom apartment is between $1,481 and $1,811.

Sourced from federal housing data and AffordableHousingOnline.com research.

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