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

Highland Village

174 Highland Village Cir
Sparta, North Carolina
Rent Assisted
Call For Rent
1 BR

Ridgeview Apartments

218 E Whitehead St
Sparta, North Carolina
Rent Assisted

Maplewood Apartments

273 Independence Rd
Sparta, North Carolina

Arc Hds Alleghany Co Gh

211 Estep St
Sparta, North Carolina
S. 202

Crestview Apartments

240 Lake Street
Sparta, North Carolina
Rent Assisted
S. 515 Rural
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There are 30 low-income apartments in Sparta that offer reduced rents to eligible households.

Rental assistance programs support 104 low-income homes in Sparta where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $256 towards rent each month.

Affordable rent data for some communities last confirmed on July 19th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Sparta, North Carolina Affordable Housing Data

Income Based Apartments in Sparta, North Carolina

Sparta features 104 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 Sparta, North Carolina

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sparta.

Housing Choice Vouchers in Sparta, North Carolina

On average, Section 8 Housing Choice vouchers pay Sparta landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Sparta.

The maximum amount a voucher would pay on behalf of a low-income tenant in Sparta, North Carolina for a two-bedroom apartment is between $702 and $858.

2023 Sparta, 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
Sparta, North Carolina Fair Market Rent $589 $593 $780 $949 $1,329
Sparta, North Carolina Payment Standard Range $530 to $648 $534 to $652 $702 to $858 $854 to $1,044 $1,196 to $1,462

Sourced from federal housing data and AffordableHousingOnline.com research.

Sparta, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 134
Total Housing Units with Rental Assistance 104
Percentage of Housing Units Occupied By Renters 48.65%
Average Renter Household Size 2.11
Average Household Size 2.05
Median Household Income $21,339 ±$3,041
Median Rent $560 ±$46
Percentage Of Renters Overburdened 64.65% ± 16.35pp
Total Population 1,802

Population and Household Demographics

Sparta is a city in Alleghany County, North Carolina with a population of 1,802. There are 814 households in the city with an average household size of 2.05 persons. 48.65% of households in Sparta are renters.

Income and Rent Overburden in Sparta

The median gross income for households in Sparta is $21,339 a year, or $1,778 a month. The median rent for the city is $560 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sparta, a household making less than $1,867 a month would be considered overburdened when renting an apartment at or above the median rent. 64.65% of households who rent are overburdened in Sparta.

Area Median Income In Sparta

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 Sparta, the AMI is calculated from all households within Alleghany County.

In Sparta, HUD calculates the Area Median Income for a family of four as $54,900

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 Sparta

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 Sparta

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 Sparta 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 Sparta 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 Sparta 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