How many renters live in Trinity, North Carolina?
The City of Trinity has people living in households.
There are renters living in renter households in this City. Renters make up 23.7 percent of the population living in Trinity.
What is the rental market like in Trinity, North Carolina?
There are an estimated housing units in the Trinity area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Trinity, North Carolina, there are 1 rental units.
What is the vacancy rate for rentals in Trinity?
The rental vacancy rate in Trinity is 0 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 Trinity for each bedroom size?
Occupied Rental Units by Size in Trinity
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 9 | 68 | 142 | 366 | 9 |
Occupied Rental Units by Size in Trinity
A large number of apartments in Trinity 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 Trinity
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,011 to $1,680. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,011 |
| One BR | $1,042 |
| Two BR | $1,170 |
| Three BR | $1,493 |
| Four BR | $1,680 |
2024 Fair Market Rents in Trinity, North Carolina
How many units are rented at Fair Market Rent (FMR) in Trinity?
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 | 0 | 100 percent |
| One BR | 63 | 93 percent |
| Two BR | 135 | 95 percent |
Rental Units Below FMR in Trinity, North Carolina
How many affordable rental units are in Trinity?
Income Based Apartments in Trinity, North Carolina
Trinity 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 Trinity, North Carolina
There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Trinity.
Housing Choice Vouchers in Trinity, North Carolina
On average, Section 8 Housing Choice vouchers pay Trinity landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Trinity.
The maximum amount a voucher would pay on behalf of a low-income tenant in Trinity, North Carolina for a two-bedroom apartment is between $1,053 and $1,287.
Sourced from federal housing data and AffordableHousingOnline.com research.