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

Discover affordable housing in Statesville where there are 43+ 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.

Windrush Apartments

2107 Windrush Ct, Statesville, North Carolina 28625

bed 2-4
payment $1291-1663/mo.

Greylin Ridge Apartments

107 Greylin Loop, Statesville, North Carolina 28625

Summit Village Apartments

1353 Pearl St, Statesville, North Carolina 28677

Statesville Elderly Housing - Emmanuels Place

700 Wils Way, Statesville, North Carolina 28677

Plaza Apartments ( the )

120 S Meeting St, Statesville, North Carolina 28677

Kings Grant II

410 Kings Grant Ct, Statesville, North Carolina 28625

The Retreat at Statesville

194 North Pointe Blvd , Statesville, North Carolina 2862

bed 1-2

Parkwood Village

910 Inglewood Rd, Statesville, North Carolina 28677

bed 1-5

Oaktree Village

1209 Ascending Ln, Statesville, North Carolina 28625

bed 3-5

Summit Village

1353 Pearl St, Statesville, North Carolina 28677

bed 1-3

155 Hidden Lakes Road Statesville NC

155 Hidden Lakes Rd, Statesville, North Carolina 28677

bed 3
payment $1649/mo.

1713 Younger Ave

1713 Younger Ave, Statesville, North Carolina 28677

bed 2
payment $1025/mo.

438 Coolidge Ave

438 Coolidge Ave, Statesville, North Carolina 28677

bed 3
payment $1575/mo.

1014 West End Ave

1014 West End Ave, Statesville, North Carolina 28677

bed 3
payment $1100/mo.

108 Davenport Dr

108 Davenport Dr, Statesville, North Carolina 28677

bed 4
payment $2000/mo.

724 Baker St

724 Baker St, Statesville, North Carolina 28677

bed 3
payment $1500/mo.

425 Van Buren St

425 Van Buren St, Statesville, North Carolina 28677

bed 3
payment $1100/mo.

625 Alexander St

625 Alexander St, Statesville, North Carolina 28677

bed 2
payment $1100/mo.

1120 Rita Ave

1120 Rita Ave, Statesville, North Carolina 28677

bed 4
payment $1590/mo.

142 E Bell St

142 E Bell St, Statesville, North Carolina 28677

bed 3
payment $1600/mo.

How To Identify Affordable Housing in Statesville, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Statesville, North Carolina
$15.61 (+215%) more than North Carolina minimum wage and $15.61 (+215%) more than the Federal minimum wage.
Learn More About Statesville, North Carolina Affordable Housing ↓

What HUD offices serve Statesville, 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 Statesville, North Carolina.

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

How many renters live in Statesville, North Carolina?

The City of Statesville has 28,576 people living in 11,400 households.

There are 10,558 renters living in 5,110 renter households in this City. Renters make up 36.95 percent of the population living in Statesville.

What is the rental market like in Statesville, North Carolina?

There are an estimated 12,619 housing units in the Statesville area. Of these, 5,453 units are rental homes, making up 43 percent of the housing market. For every renter household in Statesville, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Statesville?

The rental vacancy rate in Statesville 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 Statesville for each bedroom size?

Occupied Rental Units by Size in Statesville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
221 931 2,723 1,048 187
Occupied Rental Units by Size in Statesville

A large number of apartments in Statesville 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 Statesville are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 20 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 Statesville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,046 to $2,048. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,046
One BR $1,075
Two BR $1,207
Three BR $1,652
Four BR $2,048
2024 Fair Market Rents in Statesville, North Carolina

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

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 156 71 percent
One BR 870 93 percent
Two BR 2,065 76 percent
Rental Units Below FMR in Statesville, North Carolina

How many affordable rental units are in Statesville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 450
Public Housing 469
Section 8 Project-Based Rental Assistance 221
Section 202 Supportive Housing for the Elderly 39
Section 811 Supportive Housing for Persons with Disabilities 8
Tracked Units by Federal Program in Statesville, North Carolina

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

Income Based Apartments in Statesville, North Carolina

Statesville features 799 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 Statesville, North Carolina

There are 646 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Statesville.

Housing Choice Vouchers in Statesville, North Carolina

On average, Section 8 Housing Choice vouchers pay Statesville landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Statesville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Statesville, North Carolina for a two-bedroom apartment is between $1,086 and $1,328.

Sourced from federal housing data and AffordableHousingOnline.com research.