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Affordable Housing In Thomasville
Davidson County, North Carolina

9 Low Income Apartment Communities In Thomasville

Kingston Ridge Apartments

1250 Kingston Place
Thomasville, North Carolina
$505-620
1-3 BR

Tomlinson Hill

305 Pineywood Rd
Thomasville, North Carolina
Income Based
1 BR
Subsidized
62+

Thomasville Church Homes

904 Doak St
Thomasville, North Carolina
Subsidized

Sherman Street Apartments

108 Sherman St
Thomasville, North Carolina

Teamwork for Housing Part II

205 E Guilford St
Thomasville, North Carolina

Liberty Arms

101 Bish Ct
Thomasville, North Carolina

James Avenue

300 James Ave
Thomasville, North Carolina

Teamwork for Housing

1024 Blair St
Thomasville, North Carolina

Teamwork for Housing Part I

10 Cates Ave
Thomasville, North Carolina
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Housing Authorities that serve Thomasville

Housing Authority Programs
Thomasville Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Thomasville, North Carolina

There are 9 low income housing apartment communities offering 492 affordable apartments for rent in Thomasville, North Carolina.

Income Based Apartments in Thomasville, North Carolina

Thomasville features 395 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 Thomasville, North Carolina

There are 97 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Thomasville.

Housing Choice Vouchers in Thomasville, North Carolina

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Thomasville, North Carolina for a two-bedroom apartment is between $626 and $765.

2020 Thomasville, 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 $572 $576 $695 $966 $1,192
Payment Standard Range $515 to $629 $518 to $634 $626 to $765 $869 to $1,063 $1,073 to $1,311

Sourced from federal housing data and AffordableHousingOnline.com research.

Thomasville, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 492
Total Housing Units with Rental Assistance 395
Percentage of Housing Units Occupied By Renters 42.92%
Average Renter Household Size 2.34
Average Household Size 2.43
Median Household Income $35,554 ±$2,017
Median Rent $599 ±$26
Percentage Of Renters Overburdened 45.58% ± 6.02pp
Total Population 27,084

Population and Household Demographics

Thomasville is a city in Davidson County, North Carolina with a population of 27,084. There are 10,961 households in the city with an average household size of 2.43 persons. 42.92% of households in Thomasville are renters.

Income and Rent Overburden in Thomasville

The median gross income for households in Thomasville is $35,554 a year, or $2,963 a month. The median rent for the city is $599 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Thomasville, a household making less than $1,997 a month would be considered overburdened when renting an apartment at or above the median rent. 45.58% of households who rent are overburdened in Thomasville.

Area Median Income In Thomasville

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 Thomasville, the AMI is calculated from all households within Davidson County.

In Thomasville, HUD calculates the Area Median Income for a family of four as $59,300

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 Thomasville

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 Thomasville

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 $34,400 $36,800 $39,150
50% of Median $20,800 $23,750 $26,700 $29,650 $32,050 $34,400 $36,800 $39,150
80% of Median $33,250 $38,000 $42,750 $47,450 $51,250 $55,050 $58,850 $62,650