Low Income Apartments and Affordable Housing For Rent in Stantonsburg, NC

Discover affordable housing in Stantonsburg where there are 1+ 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.

Mha Housing of Eastern Nc

505 Hemphill St, Stantonsburg, North Carolina 27883

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Stantonsburg, North Carolina
$18.03/hour
$10.78 (+149%) more than North Carolina minimum wage and $10.78 (+149%) more than the Federal minimum wage.
Learn More About Stantonsburg, North Carolina Affordable Housing ↓

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Stantonsburg, North Carolina.

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 632 people living in 269 households.

There are 124 renters living in 73 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 328 housing units in the Stantonsburg area. Of these, 89 units are rental homes, making up 27 percent of the housing market. For every renter household in Stantonsburg, North Carolina, there are 1 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 many renter households in Stantonsburg are overburdened by housing costs?

Among renter households in this market, 36 percent have housing cost burden. Further, 29 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

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 8
Section 811 Supportive Housing for Persons with Disabilities 1
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.