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

Discover affordable housing in Taylorsville where there are 6+ 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.

Mountainwood Apartments

100 2nd Ave NW, Taylorsville, North Carolina 28681

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Crest Knolls Apartments

2 Crest Knolls St SE , Taylorsville, North Carolina 28681

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Milstead Woods

498 School Dr, Taylorsville, North Carolina 28681

switch_access_shortcut Short Wait
accessibility Accessible

Ridgeway Apartments

1st Ave Dr SE, Taylorsville, North Carolina 28681

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Arc Hds Alexander Co Apartments

415 Davis Ave SE, Taylorsville, North Carolina 28681

switch_access_shortcut Short Wait

Arc Hds Burke Co Gh 2

438 Old Wilkesboro Rd, Taylorsville, North Carolina 28681

switch_access_shortcut Short Wait

How To Identify Affordable Housing in Taylorsville, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Jul 1
Open Until Further Notice
devices
calendar_month

Reported On July 1st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Taylorsville, North Carolina
$19.20/hour
$11.95 (+165%) more than North Carolina minimum wage and $11.95 (+165%) more than the Federal minimum wage.
Learn More About Taylorsville, North Carolina Affordable Housing ↓

What HUD offices serve Taylorsville, 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), Family Self-Sufficiency, Homeownership, Family Unification Program (FUP) programs for Taylorsville, North Carolina.

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

How many renters live in Taylorsville, North Carolina?

The City of Taylorsville has people living in households.

There are renters living in renter households in this City. Renters make up 41.22 percent of the population living in Taylorsville.

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

There are an estimated housing units in the Taylorsville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Taylorsville, North Carolina, there are 1.04 rental units.

What is the vacancy rate for rentals in Taylorsville?

The rental vacancy rate in Taylorsville is 4 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 Taylorsville for each bedroom size?

Occupied Rental Units by Size in Taylorsville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 92 182 77 7
Occupied Rental Units by Size in Taylorsville

A large number of apartments in Taylorsville have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Taylorsville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $806 to $1,506. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $806
One BR $834
Two BR $1,014
Three BR $1,314
Four BR $1,506
2024 Fair Market Rents in Taylorsville, North Carolina

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

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 71 77 percent
Two BR 152 84 percent
Rental Units Below FMR in Taylorsville, North Carolina

How many affordable rental units are in Taylorsville?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Taylorsville, North Carolina

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

Income Based Apartments in Taylorsville, North Carolina

Taylorsville features 94 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 Taylorsville, North Carolina

There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Taylorsville.

Housing Choice Vouchers in Taylorsville, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Taylorsville, North Carolina for a two-bedroom apartment is between $913 and $1,115.

Sourced from federal housing data and AffordableHousingOnline.com research.