. Low Income Apartments For Rent in Trinity, North Carolina - Affordable Housing Online

Victorian Arms II

4904 Archdale Rd
Trinity, North Carolina
Rent Assisted

Victorian Arms Apartments

4902 Archdale Rd
Trinity, North Carolina
Rent Assisted
Showing Results 1-15
  • «
  • 1
  • »

There are 24 low-income apartments in Trinity that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Trinity where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Trinity, North Carolina Affordable Housing Data

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 $935 and $1,143.

2023 Trinity, 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
Trinity, North Carolina Fair Market Rent $893 $920 $1,039 $1,339 $1,502
Trinity, North Carolina Payment Standard Range $804 to $982 $828 to $1,012 $935 to $1,143 $1,205 to $1,473 $1,352 to $1,652

Sourced from federal housing data and AffordableHousingOnline.com research.

Trinity, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 16.37%
Average Renter Household Size 2.84
Average Household Size 2.57
Median Household Income $48,357 ±$2,295
Median Rent $710 ±$97
Percentage Of Renters Overburdened 42.69% ± 16.11pp
Total Population 6,652

Population and Household Demographics

Trinity is a city in Randolph County, North Carolina with a population of 6,652. There are 2,590 households in the city with an average household size of 2.57 persons. 16.37% of households in Trinity are renters.

Income and Rent Overburden in Trinity

The median gross income for households in Trinity is $48,357 a year, or $4,030 a month. The median rent for the city is $710 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Trinity, a household making less than $2,367 a month would be considered overburdened when renting an apartment at or above the median rent. 42.69% of households who rent are overburdened in Trinity.

Area Median Income In Trinity

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 Trinity, the AMI is calculated from all households within Randolph County.

In Trinity, HUD calculates the Area Median Income for a family of four as $83,600

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 Trinity

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 Trinity

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Trinity AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,250 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Trinity AMI may qualify for rental assistance programs that target Very Low Income households.
$27,100 $30,950 $34,800 $38,650 $41,750 $44,850 $47,950 $51,050
80% AMI Income Limits
Renters earning up to 80% of the Trinity AMI may qualify for rental assistance programs that target Low Income households.
$43,300 $49,500 $55,700 $61,850 $66,800 $71,750 $76,700 $81,650