What HUD offices serve Sanford, 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.
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Sanford.
How many renters live in Sanford, North Carolina?
The City of Sanford has people living in households.
There are renters living in renter households in this City. Renters make up 46.21 percent of the population living in Sanford.
What is the rental market like in Sanford, North Carolina?
There are an estimated housing units in the Sanford area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Sanford, North Carolina, there are 1.09 rental units.
What is the vacancy rate for rentals in Sanford?
The rental vacancy rate in Sanford is 9 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 Sanford for each bedroom size?
Occupied Rental Units by Size in Sanford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 73 1,039 2,641 1,358 95 Occupied Rental Units by Size in Sanford
A large number of apartments in Sanford have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Sanford?
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 53 73 percent One BR 753 72 percent Two BR 1,776 67 percent Rental Units Below FMR in Sanford, North Carolina
How many affordable rental units are in Sanford?
There are a variety of federal affordable housing programs serving households in
Sanford, North Carolina including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Section 811 Supportive Housing for Persons with Disabilities USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in Sanford, North Carolina
Income Based Apartments in Sanford, North Carolina
Sanford features 931 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 Sanford, North Carolina
There are 459 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sanford.
Housing Choice Vouchers in Sanford, North Carolina
On average, Section 8 Housing Choice vouchers pay Sanford landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Sanford.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sanford, North Carolina for a two-bedroom apartment is between $910 and $1,112.
Sourced from federal housing data and AffordableHousingOnline.com research.