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

Discover affordable housing in Ramseur where there are 3+ 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.

King Hill Apartments

4724 Huntingwood Rd, Ramseur, North Carolina 27316

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Randolph Hill Apartments

151 King Rd, Ramseur, North Carolina 27316

bed 1
payment Subsidized

5593 NC-22 Unit 125

5593 NC-22 Unit 125, Ramseur, North Carolina 27316

bed 2
payment $1150/mo.

How To Identify Affordable Housing in Ramseur, 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 Ramseur, North Carolina
$22.16/hour
$14.91 (+206%) more than North Carolina minimum wage and $14.91 (+206%) more than the Federal minimum wage.
Learn More About Ramseur, North Carolina Affordable Housing ↓

How many renters live in Ramseur, North Carolina?

The City of Ramseur has people living in households.

There are renters living in renter households in this City. Renters make up 60.15 percent of the population living in Ramseur.

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

There are an estimated housing units in the Ramseur area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Ramseur, North Carolina, there are 1.07 rental units.

What is the vacancy rate for rentals in Ramseur?

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

Occupied Rental Units by Size in Ramseur
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 40 228 83 12
Occupied Rental Units by Size in Ramseur

A large number of apartments in Ramseur 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 Ramseur

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,011 to $1,680. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,011
One BR $1,042
Two BR $1,170
Three BR $1,493
Four BR $1,680
2024 Fair Market Rents in Ramseur, North Carolina

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

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 40 100 percent
Two BR 217 95 percent
Rental Units Below FMR in Ramseur, North Carolina

How many affordable rental units are in Ramseur?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Ramseur, North Carolina

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

Income Based Apartments in Ramseur, North Carolina

Ramseur features 80 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 Ramseur, North Carolina

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

Housing Choice Vouchers in Ramseur, North Carolina

On average, Section 8 Housing Choice vouchers pay Ramseur landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Ramseur.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ramseur, North Carolina for a two-bedroom apartment is between $1,053 and $1,287.

Sourced from federal housing data and AffordableHousingOnline.com research.

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