Low Income Apartments and Affordable Housing For Rent in Siler City, NC

Discover affordable housing in Siler City where there are 13+ 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.

Windsor Arms Apartments

1409 E. 11th Street Apt 2-B, Siler City, North Carolina 27344

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior

Braxton Manor Senior Living Apartments

101 S 3rd Ave , Siler City, North Carolina 27344

bed Studio-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Cardinal Chase

205 S 10th Ave, Siler City, North Carolina 27344

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Cateland Place

380 W 11th St, Siler City, North Carolina 27344

bed 2-3
payment $950-1050/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Sheffield Manor

813 Sheffield Drive, Siler City, North Carolina 27344

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
accessibility Accessible

North Glen

1221 West 11th Street, Siler City, North Carolina 27344

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Siler School Square

511 West Fourth St, Siler City, North Carolina 27344

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

117 S 7th Ave

117 S 7th Ave, Siler City, North Carolina 27344

bed 2
payment $1325/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

117 S 7th Ave

117 S 7th Ave, Siler City, North Carolina 27344

bed 2
payment $1325/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1106 N Glenn Ave

1106 N Glenn Ave, Siler City, North Carolina 27344

bed 3
payment $1200/mo.

Arc Hds Chatham County Gh 1

320 M L King Jr Blvd, Siler City, North Carolina 27344

switch_access_shortcut Short Wait

Arc Hds Chatham County Gh 3

813 Tanglewood Dr, Siler City, North Carolina 27344

switch_access_shortcut Short Wait

Arc Hds Chatham County Gh 2

1011 W 5th St, Siler City, North Carolina 27344

switch_access_shortcut Short Wait

How To Identify Affordable Housing in Siler City, North Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Siler City, North Carolina
$30.89/hour
$23.64 (+326%) more than North Carolina minimum wage and $23.64 (+326%) more than the Federal minimum wage.
Learn More About Siler City, North Carolina Affordable Housing ↓

What HUD offices serve Siler City, 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) programs for Siler City, North Carolina.

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

How many renters live in Siler City, North Carolina?

The City of Siler City has people living in households.

There are renters living in renter households in this City. Renters make up 43.76 percent of the population living in Siler City.

What is the rental market like in Siler City, North Carolina?

There are an estimated housing units in the Siler City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Siler City, North Carolina, there are 1.06 rental units.

What is the vacancy rate for rentals in Siler City?

The rental vacancy rate in Siler City is 6 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 Siler City for each bedroom size?

Occupied Rental Units by Size in Siler City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 148 555 371 70
Occupied Rental Units by Size in Siler City

A large number of apartments in Siler City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Siler City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,385 to $2,510. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,385
One BR $1,418
Two BR $1,631
Three BR $2,051
Four BR $2,510
2024 Fair Market Rents in Siler City, North Carolina

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

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 6 100 percent
One BR 130 88 percent
Two BR 491 88 percent
Rental Units Below FMR in Siler City, North Carolina

How many affordable rental units are in Siler City?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Siler City, North Carolina

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

Income Based Apartments in Siler City, North Carolina

Siler City features 120 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 Siler City, North Carolina

There are 188 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Siler City.

Housing Choice Vouchers in Siler City, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Siler City, North Carolina for a two-bedroom apartment is between $1,468 and $1,794.

Sourced from federal housing data and AffordableHousingOnline.com research.