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

Discover affordable housing in Rowland 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.

Rowland Manor Apartments

502 E McCormick St, Rowland, North Carolina 28383

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Rowland, North Carolina
$16.21/hour
$8.96 (+124%) more than North Carolina minimum wage and $8.96 (+124%) more than the Federal minimum wage.
Learn More About Rowland, North Carolina Affordable Housing ↓

What HUD offices serve Rowland, 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 Rowland, North Carolina.
Operates the Public Housing, Moving to Work programs for Rowland, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Rowland, North Carolina.

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

How many renters live in Rowland, North Carolina?

The City of Rowland has 1,003 people living in 468 households.

There are 420 renters living in 174 renter households in this City. Renters make up 41.87 percent of the population living in Rowland.

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

There are an estimated 554 housing units in the Rowland area. Of these, 178 units are rental homes, making up 32 percent of the housing market. For every renter household in Rowland, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Rowland?

The rental vacancy rate in Rowland is 2 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 Rowland for each bedroom size?

Occupied Rental Units by Size in Rowland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
27 20 42 73 9
Occupied Rental Units by Size in Rowland

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

Among renter households in this market, 49 percent have housing cost burden. Further, 28 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 Rowland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $645 to $1,248. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $645
One BR $652
Two BR $856
Three BR $1,081
Four BR $1,248
2024 Fair Market Rents in Rowland, North Carolina

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

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 23 85 percent
One BR 17 85 percent
Two BR 27 64 percent
Rental Units Below FMR in Rowland, North Carolina

How many affordable rental units are in Rowland?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
Public Housing 40
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Rowland, North Carolina

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

Income Based Apartments in Rowland, North Carolina

Rowland features 24 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 Rowland, North Carolina

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

Housing Choice Vouchers in Rowland, North Carolina

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.