Affordable Housing In Richmond County
North Carolina

Affordable Housing programs support 1,268 income based apartments in Richmond County where households pay rent based on how much they earn.

There are 252 affordable apartments in Richmond County that offer reduced rents to low-income households.

Waiting Lists in Richmond County, North Carolina

There are no open Section 8 Housing Choice Voucher waiting lists in Richmond County. Go to the North Carolina Section 8 Waiting Lists page for openings near Richmond County.

Sierra Gardens Apartments

158 Sierra Ave
Hamlet, North Carolina
Income Based
1-2 BR
Affordable

Cameron Grove

150 Lady Mary Lane
Rockingham, North Carolina
Income Based
1-2 BR
Affordable

Greenridge Apartments

200 Greenridge Drive
Rockingham, North Carolina
Call For Rent
2-3 BR
Affordable

Fountain Pointe

192 Clemmer Rd
Rockingham, North Carolina
Call For Rent
2-3 BR
Affordable

Crown Pointe Apartments

1253 Cauthen Dr
Rockingham, North Carolina
Rent Assisted

Gardenwood Apartments

1234 Cauthen Dr
Rockingham, North Carolina
Call For Rent
1-3 BR
Rent Assisted

Timber Ridge Apartments

515 Steele Street
Rockingham, North Carolina
Rent Assisted

Magnolia Apartments ( Phase I )

100 Block of Mallard Ln
Rockingham, North Carolina
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Holiday Village Apartments

Shannon Dr
Rockingham, North Carolina
Rent Assisted

Arc Hds Richmond County Group Home 2

190 E Church St
Ellerbe, North Carolina
Rent Assisted
62+
Accessible
Elderly Supportive Housing
Showing Results 1-10

Affordable Housing In Richmond County

View affordable apartments and waiting lists in cities near Richmond County

City Apartments
Affordable Housing In Ellerbe, NC Affordable Housing programs support 2 apartment communities in Ellerbe.
Affordable Housing In Hamlet, NC Affordable Housing programs support 7 apartment communities in Hamlet.
Affordable Housing In Rockingham, NC Affordable Housing programs support 17 apartment communities in Rockingham.

Richmond County, North Carolina Affordable Housing Data

Income Based Apartments in Richmond County, North Carolina

Richmond County features 1,268 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 Richmond County, North Carolina

There are 252 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Richmond County.

Housing Choice Vouchers in Richmond County, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Richmond County, North Carolina for a two-bedroom apartment is between $694 and $848.

2023 Richmond County, 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
Richmond County, North Carolina Fair Market Rent $642 $683 $771 $1,096 $1,313
Richmond County, North Carolina Payment Standard Range $578 to $706 $615 to $751 $694 to $848 $986 to $1,206 $1,182 to $1,444

Sourced from federal housing data and AffordableHousingOnline.com research.

Richmond County, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 26
Total Low Income Apartments 1,520
Total Housing Units with Rental Assistance 1,268
Percentage of Housing Units Occupied By Renters 37.28%
Average Renter Household Size 2.38
Average Household Size 2.42
Median Household Income $32,687 ±$1,591
Median Rent $600 ±$16
Percentage Of Renters Overburdened 47.99% ± 4.43pp
Total Population 46,046

Population and Household Demographics

Richmond County is a county in North Carolina with a population of 46,046. There are 18,461 households in the county with an average household size of 2.42 persons. 37.28% of households in Richmond County are renters.

Income and Rent Overburden in Richmond County

The median gross income for households in Richmond County is $32,687 a year, or $2,724 a month. The median rent for the county is $600 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Richmond County, a household making less than $2,000 a month would be considered overburdened when renting an apartment at or above the median rent. 47.99% of households who rent are overburdened in Richmond County.

Area Median Income In Richmond County

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.

In Richmond County, HUD calculates the Area Median Income for a family of four as $51,900

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 Richmond County

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 Richmond County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Richmond County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,750 $18,310 $23,030 $27,750 $32,470 $37,190 $40,550 $43,200
50% AMI Income Limits
Renters earning up to 50% of the Richmond County AMI may qualify for rental assistance programs that target Very Low Income households.
$22,900 $26,200 $29,450 $32,700 $35,350 $37,950 $40,550 $43,200
80% AMI Income Limits
Renters earning up to 80% of the Richmond County AMI may qualify for rental assistance programs that target Low Income households.
$36,650 $41,850 $47,100 $52,300 $56,500 $60,700 $64,900 $69,050