Low Income Apartments and Affordable Housing For Rent in Roanoke Rapid, NC

Discover affordable housing in Roanoke Rapid 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.

Woodbury Apartments

1112 Georgia Ave, Roanoke Rapid, North Carolina 27870

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Roanoke Rapid, North Carolina
$16.76/hour
$9.51 (+131%) more than North Carolina minimum wage and $9.51 (+131%) more than the Federal minimum wage.
Learn More About Roanoke Rapid, North Carolina Affordable Housing ↓

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

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

How many renters live in Roanoke Rapid, North Carolina?

The City of Roanoke Rapid has 15,143 people living in 6,318 households.

There are 7,847 renters living in 3,140 renter households in this City. Renters make up 51.82 percent of the population living in Roanoke Rapid.

What is the rental market like in Roanoke Rapid, North Carolina?

There are an estimated 7,035 housing units in the Roanoke Rapid area. Of these, 3,421 units are rental homes, making up 49 percent of the housing market. For every renter household in Roanoke Rapid, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Roanoke Rapid?

The rental vacancy rate in Roanoke Rapid is 6 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 Roanoke Rapid for each bedroom size?

Occupied Rental Units by Size in Roanoke Rapid
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
78 726 1,358 799 157
Occupied Rental Units by Size in Roanoke Rapid

A large number of apartments in Roanoke Rapid 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 Roanoke Rapid are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 18 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 Roanoke Rapid

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $600 to $1,327. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $600
One BR $687
Two BR $885
Three BR $1,070
Four BR $1,327
2024 Fair Market Rents in Roanoke Rapid, North Carolina

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

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 63 81 percent
One BR 567 78 percent
Two BR 909 67 percent
Rental Units Below FMR in Roanoke Rapid, North Carolina

How many affordable rental units are in Roanoke Rapid?

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

Federal Program Unit Count
Low Income Housing Tax Credit 516
Public Housing 244
Section 8 Project-Based Rental Assistance 100
Section 202 Supportive Housing for the Elderly 67
USDA Section 515 Rural Rental Housing 331
Tracked Units by Federal Program in Roanoke Rapid, North Carolina

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

Income Based Apartments in Roanoke Rapid, North Carolina

Roanoke Rapid features 42 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 Roanoke Rapid, North Carolina

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

Housing Choice Vouchers in Roanoke Rapid, North Carolina

On average, Section 8 Housing Choice vouchers pay Roanoke Rapid landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Roanoke Rapid.

The maximum amount a voucher would pay on behalf of a low-income tenant in Roanoke Rapid, North Carolina for a two-bedroom apartment is between $797 and $974.

Sourced from federal housing data and AffordableHousingOnline.com research.