. Low Income Apartments For Rent in Seaboard, North Carolina - Affordable Housing Online

Cedar Grove Apartments

20 Elsco Blvd
Seaboard, North Carolina
Subsidized
Rent Assisted
Senior
Supportive
S. 515 Rural
RDRA
1 BR

Countryside Estates

314 Kennedy Dr
Seaboard, North Carolina
Subsidized
PBRA
Showing Results 1-15
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There are 0 low-income apartments in Seaboard that offer reduced rents to eligible households.

Rental assistance programs support 59 low-income homes in Seaboard where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on July 25th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Seaboard, 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.

Housing Authority Programs
Choanoke Area Development Association of NC Inc. Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Homeownership
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Seaboard.

Seaboard, North Carolina Affordable Housing Data

Income Based Apartments in Seaboard, North Carolina

Seaboard features 59 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 Seaboard, North Carolina

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

Housing Choice Vouchers in Seaboard, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Seaboard, North Carolina for a two-bedroom apartment is between $775 and $947.

2023 Seaboard, 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
Seaboard, North Carolina Fair Market Rent $650 $654 $861 $1,048 $1,157
Seaboard, North Carolina Payment Standard Range $585 to $715 $589 to $719 $775 to $947 $943 to $1,153 $1,041 to $1,273

Sourced from federal housing data and AffordableHousingOnline.com research.

Seaboard, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 59
Total Housing Units with Rental Assistance 59
Percentage of Housing Units Occupied By Renters 47.11%
Average Renter Household Size 2.13
Average Household Size 2.24
Median Household Income $24,514 ±$7,375
Median Rent $517 ±$103
Percentage Of Renters Overburdened 50.32% ± 20.71pp
Total Population 736

Population and Household Demographics

Seaboard is a city in Northampton County, North Carolina with a population of 736. There are 329 households in the city with an average household size of 2.24 persons. 47.11% of households in Seaboard are renters.

Income and Rent Overburden in Seaboard

The median gross income for households in Seaboard is $24,514 a year, or $2,043 a month. The median rent for the city is $517 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Seaboard, a household making less than $1,723 a month would be considered overburdened when renting an apartment at or above the median rent. 50.32% of households who rent are overburdened in Seaboard.

Area Median Income In Seaboard

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Seaboard, the AMI is calculated from all households within Northampton County.

In Seaboard, HUD calculates the Area Median Income for a family of four as $57,500

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 Seaboard

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 Seaboard

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 Seaboard AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $40,150 $42,950 $45,700
50% AMI Income Limits
Renters earning up to 50% of the Seaboard AMI may qualify for rental assistance programs that target Very Low Income households.
$24,250 $27,700 $31,150 $34,600 $37,400 $40,150 $42,950 $45,700
80% AMI Income Limits
Renters earning up to 80% of the Seaboard AMI may qualify for rental assistance programs that target Low Income households.
$38,750 $44,300 $49,850 $55,350 $59,800 $64,250 $68,650 $73,100