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

Discover affordable housing in Sanford where there are 26+ 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.

Utley Plaza

1501 Winslow Dr, Sanford, North Carolina 27330

Linden Heights

504 N. First St, Sanford, North Carolina 27330

Foushee Heights

Eames Dr, Sanford, North Carolina 27330

Hunters Glen

301 Hunters Glen Dr, Sanford, North Carolina 27330

Garden St Gilmore T. Harris Court Crestview

1210 W Garden St, Sanford, North Carolina 27330

Timberwood Apartments, Phase II

701 Timber Pl, Sanford, North Carolina 27330

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sanford, North Carolina
$19.15/hour
$11.90 (+164%) more than North Carolina minimum wage and $11.90 (+164%) more than the Federal minimum wage.
Learn More About Sanford, North Carolina Affordable Housing ↓

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency, Rental Assistance Demonstration (RAD) programs for Sanford, North Carolina.

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 30,373 people living in 10,863 households.

There are 14,034 renters living in 5,307 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 12,057 housing units in the Sanford area. Of these, 5,805 units are rental homes, making up 48 percent of the housing market. For every renter household in Sanford, North Carolina, there are 1 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 renter households in Sanford are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 22 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 Sanford

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $842 to $1,566. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $842
One BR $871
Two BR $1,011
Three BR $1,242
Four BR $1,566
2024 Fair Market Rents in Sanford, North Carolina

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:

Federal Program Unit Count
Low Income Housing Tax Credit 982
Public Housing 167
Section 8 Project-Based Rental Assistance 49
Section 811 Supportive Housing for Persons with Disabilities 7
USDA Section 515 Rural Rental Housing 236
Tracked Units by Federal Program in Sanford, North Carolina

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

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.