What HUD offices serve Sunset Beach, 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 Sunset Beach.
How many renters live in Sunset Beach, North Carolina?
The City of Sunset Beach has 4,189 people living in 2,289 households.
There are 610 renters living in 323 renter households in this City. Renters make up 14.56 percent of the population living in Sunset Beach.
What is the rental market like in Sunset Beach, North Carolina?
There are an estimated 5,129 housing units in the Sunset Beach area. Of these, 876 units are rental homes, making up 17 percent of the housing market. For every renter household in Sunset Beach, North Carolina, there are 3 rental units.
What is the vacancy rate for rentals in Sunset Beach?
The rental vacancy rate in Sunset Beach is 58 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 Sunset Beach for each bedroom size?
Occupied Rental Units by Size in Sunset Beach
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 12 | 173 | 120 | 18 |
Occupied Rental Units by Size in Sunset Beach
A large number of apartments in Sunset Beach 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 Sunset Beach are overburdened by housing costs?
Among renter households in this market, 13 percent have housing cost burden. Further, 5 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 Sunset Beach
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $951 to $1,921. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $951 |
| One BR | $1,008 |
| Two BR | $1,132 |
| Three BR | $1,595 |
| Four BR | $1,921 |
2024 Fair Market Rents in Sunset Beach, North Carolina
How many units are rented at Fair Market Rent (FMR) in Sunset Beach?
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 | 168 | 97 percent |
Rental Units Below FMR in Sunset Beach, North Carolina
How many affordable rental units are in Sunset Beach?
There are a variety of federal affordable housing programs serving households in Sunset Beach, North Carolina including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 144 |
Tracked Units by Federal Program in Sunset Beach, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Sunset Beach, North Carolina
Sunset Beach features 0 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 Sunset Beach, North Carolina
There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sunset Beach.
Housing Choice Vouchers in Sunset Beach, North Carolina
On average, Section 8 Housing Choice vouchers pay Sunset Beach landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sunset Beach.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sunset Beach, North Carolina for a two-bedroom apartment is between $1,019 and $1,245.
Sourced from federal housing data and AffordableHousingOnline.com research.
