Joseph E Price Elderly Center

300 Merriman Dr
Selma, North Carolina
Income Based
1 BR
Affordable

Coastline Canady Wilson

601 Tower St
Selma, North Carolina

Meadow View Apartments

900 4th Ave
Selma, North Carolina
Rent Assisted

The Meadows Apartments

601 Ricks Rd
Selma, North Carolina
Rent Assisted

Hillmont Village

306 W Main St
Selma, North Carolina
Affordable

Redwood Village

7 Cypress Ct
Selma, North Carolina
Rent Assisted

Meadowview

900 4th Street, Bldg. #5
Selma, North Carolina

There are 56 low-income apartments in Selma that offer reduced rents to eligible households.

Rental assistance programs support 389 low-income homes in Selma where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $283 towards rent each month.

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Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Selma, 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
Selma Housing Authority Public Housing
Johnston County Housing Assistance Payments Program Section 8 Housing Choice Voucher (HCV)
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Selma.

Selma, North Carolina Affordable Housing Data

Income Based Apartments in Selma, North Carolina

Selma features 389 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 Selma, North Carolina

There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Selma.

Housing Choice Vouchers in Selma, North Carolina

On average, Section 8 Housing Choice vouchers pay Selma landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Selma.

The maximum amount a voucher would pay on behalf of a low-income tenant in Selma, North Carolina for a two-bedroom apartment is between $1,271 and $1,553.

2023 Selma, 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
Selma, North Carolina Fair Market Rent $1,213 $1,250 $1,412 $1,733 $2,293
Selma, North Carolina Payment Standard Range $1,092 to $1,334 $1,125 to $1,375 $1,271 to $1,553 $1,560 to $1,906 $2,064 to $2,522

Sourced from federal housing data and AffordableHousingOnline.com research.

Selma, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 445
Total Housing Units with Rental Assistance 389
Percentage of Housing Units Occupied By Renters 72.69%
Average Renter Household Size 3.24
Average Household Size 3.18
Median Household Income $22,798 ±$5,310
Median Rent $808 ±$63
Percentage Of Renters Overburdened 61.93% ± 11.38pp
Total Population 6,220

Population and Household Demographics

Selma is a city in Johnston County, North Carolina with a population of 6,220. There are 1,955 households in the city with an average household size of 3.18 persons. 72.69% of households in Selma are renters.

Income and Rent Overburden in Selma

The median gross income for households in Selma is $22,798 a year, or $1,900 a month. The median rent for the city is $808 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Selma, a household making less than $2,693 a month would be considered overburdened when renting an apartment at or above the median rent. 61.93% of households who rent are overburdened in Selma.

Area Median Income In Selma

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 Selma, the AMI is calculated from all households within Johnston County.

In Selma, HUD calculates the Area Median Income for a family of four as $117,000

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 Selma

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 Selma

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 Selma AMI may qualify for rental assistance programs that target Extremely Low Income households.
$23,800 $27,200 $30,600 $34,000 $36,750 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Selma AMI may qualify for rental assistance programs that target Very Low Income households.
$39,700 $45,350 $51,000 $56,650 $61,200 $65,750 $70,250 $74,800
80% AMI Income Limits
Renters earning up to 80% of the Selma AMI may qualify for rental assistance programs that target Low Income households.
$63,500 $72,550 $81,600 $90,650 $97,950 $105,200 $112,450 $119,700