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

235 Center St

235 Center St
Star, North Carolina
Public Housing
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There are 0 low-income apartments in Star that offer reduced rents to eligible households.

Rental assistance programs support 26 low-income homes in Star where households pay rent based on how much they earn.

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

Star, North Carolina Affordable Housing Data

Income Based Apartments in Star, North Carolina

Star features 26 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 Star, North Carolina

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Star.

Housing Choice Vouchers in Star, North Carolina

On average, Section 8 Housing Choice vouchers pay Star landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Star.

The maximum amount a voucher would pay on behalf of a low-income tenant in Star, North Carolina for a two-bedroom apartment is between $694 and $848.

2023 Star, 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
Star, North Carolina Fair Market Rent $607 $611 $771 $960 $1,173
Star, North Carolina Payment Standard Range $546 to $668 $550 to $672 $694 to $848 $864 to $1,056 $1,056 to $1,290

Sourced from federal housing data and AffordableHousingOnline.com research.

Star, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 26
Total Housing Units with Rental Assistance 26
Percentage of Housing Units Occupied By Renters 24.46%
Average Renter Household Size 3.06
Average Household Size 2.63
Median Household Income $31,699 ±$8,222
Median Rent $483 ±$43
Percentage Of Renters Overburdened 29.11% ± 28.63pp
Total Population 870

Population and Household Demographics

Star is a city in Montgomery County, North Carolina with a population of 870. There are 323 households in the city with an average household size of 2.63 persons. 24.46% of households in Star are renters.

Income and Rent Overburden in Star

The median gross income for households in Star is $31,699 a year, or $2,642 a month. The median rent for the city is $483 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Star, a household making less than $1,610 a month would be considered overburdened when renting an apartment at or above the median rent. 29.11% of households who rent are overburdened in Star.

Area Median Income In Star

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 Star, the AMI is calculated from all households within Montgomery County.

In Star, HUD calculates the Area Median Income for a family of four as $64,400

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 Star

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 Star

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 Star 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 Star 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 Star 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