What HUD offices serve Stantonsburg, 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.
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Stantonsburg.
How many renters live in Stantonsburg, North Carolina?
The City of Stantonsburg has people living in households.
There are renters living in renter households in this City. Renters make up 19.62 percent of the population living in Stantonsburg.
What is the rental market like in Stantonsburg, North Carolina?
There are an estimated housing units in the Stantonsburg area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Stantonsburg, North Carolina, there are 1.22 rental units.
What is the vacancy rate for rentals in Stantonsburg?
The rental vacancy rate in Stantonsburg is 18 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 Stantonsburg for each bedroom size?
Occupied Rental Units by Size in Stantonsburg
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 12 | 31 | 30 | 0 |
Occupied Rental Units by Size in Stantonsburg
A large number of apartments in Stantonsburg 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 Stantonsburg
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $645 to $1,327. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $645 |
One BR | $767 |
Two BR | $952 |
Three BR | $1,213 |
Four BR | $1,327 |
2024 Fair Market Rents in Stantonsburg, North Carolina
How many units are rented at Fair Market Rent (FMR) in Stantonsburg?
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 |
One BR | 12 | 100 percent |
Two BR | 29 | 94 percent |
Rental Units Below FMR in Stantonsburg, North Carolina
How many affordable rental units are in Stantonsburg?
There are a variety of federal affordable housing programs serving households in Stantonsburg, North Carolina including the following:
Federal Program | Unit Count |
Section 8 Project-Based Rental Assistance | |
Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Stantonsburg, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Stantonsburg, North Carolina
Stantonsburg features 56 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 Stantonsburg, North Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stantonsburg.
Housing Choice Vouchers in Stantonsburg, North Carolina
On average, Section 8 Housing Choice vouchers pay Stantonsburg landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Stantonsburg.
The maximum amount a voucher would pay on behalf of a low-income tenant in Stantonsburg, North Carolina for a two-bedroom apartment is between $857 and $1,047.
Sourced from federal housing data and AffordableHousingOnline.com research.