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Affordable Housing In Tarboro
Edgecombe County, North Carolina

11 Low Income Apartment Communities In Tarboro

Pender Square Apartments

500 Benson Dr
Tarboro, North Carolina
Income Based
1-2 BR
Subsidized

Edgewood Place

1317 W Wilson St #2-D
Tarboro, North Carolina
$723-857
1-2 BR

Elmhurst Apartments

960 Simmons Street
Tarboro, North Carolina
Subsidized

Hawthorne Court Apartments

1609 Barlow Road
Tarboro, North Carolina

Tarboro Square Apartments

1615 W Wilson St
Tarboro, North Carolina
Subsidized

Tarboro Square

100 W Wilson St
Tarboro, North Carolina

George Es Place

428 Simpson Drive
Tarboro, North Carolina
Subsidized

United Manor Courts

1200 Elm St
Tarboro, North Carolina
Subsidized

HILMA Greens Apartments

810 W Wilson St
Tarboro, North Carolina

Hunters Park Apartments

301 Daniel St
Tarboro, North Carolina
Subsidized

Housing Authorities that serve Tarboro

Housing Authority Programs
Redevelopment Commission of the Town of Tarboro Public Housing
Nash-Edgecombe Economic Development Inc. Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Tarboro, North Carolina

There are 11 low income housing apartment communities offering 621 affordable apartments for rent in Tarboro, North Carolina.

Income Based Apartments in Tarboro, North Carolina

Tarboro features 485 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 Tarboro, North Carolina

There are 136 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tarboro.

Housing Choice Vouchers in Tarboro, North Carolina

On average, Section 8 Housing Choice vouchers pay Tarboro landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Tarboro.

The maximum amount a voucher would pay on behalf of a low-income tenant in Tarboro, North Carolina for a two-bedroom apartment is between $678 and $828.

2020 Tarboro, 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
Fair Market Rent $568 $572 $753 $1,017 $1,131
Payment Standard Range $511 to $625 $515 to $629 $678 to $828 $915 to $1,119 $1,018 to $1,244

Sourced from federal housing data and AffordableHousingOnline.com research.

Tarboro, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 621
Total Housing Units with Rental Assistance 485
Percentage of Housing Units Occupied By Renters 48.09%
Average Renter Household Size 2.19
Average Household Size 2.33
Median Household Income $33,349 ±$2,335
Median Rent $625 ±$36
Percentage Of Renters Overburdened 38.85% ± 8.97pp
Total Population 11,292

Population and Household Demographics

Tarboro is a city in Edgecombe County, North Carolina with a population of 11,292. There are 4,577 households in the city with an average household size of 2.33 persons. 48.09% of households in Tarboro are renters.

Income and Rent Overburden in Tarboro

The median gross income for households in Tarboro is $33,349 a year, or $2,779 a month. The median rent for the city is $625 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Tarboro, a household making less than $2,083 a month would be considered overburdened when renting an apartment at or above the median rent. 38.85% of households who rent are overburdened in Tarboro.

Area Median Income In Tarboro

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 Tarboro, the AMI is calculated from all households within Edgecombe County.

In Tarboro, HUD calculates the Area Median Income for a family of four as $57,700

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 Tarboro

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 Tarboro

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $30,680 $33,700 $36,050 $38,350
50% of Median $20,350 $23,250 $26,150 $29,050 $31,400 $33,700 $36,050 $38,350
80% of Median $32,550 $37,200 $41,850 $46,500 $50,250 $53,950 $57,700 $61,400