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

Discover affordable housing in Trinity where there are 2+ 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.

Victorian Arms II

4904 Archdale Rd, Trinity, North Carolina 27370

Victorian Arms Apartments

4902 Archdale Rd, Trinity, North Carolina 27370

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Trinity, North Carolina
$22.16/hour
$14.91 (+206%) more than North Carolina minimum wage and $14.91 (+206%) more than the Federal minimum wage.
Learn More About Trinity, North Carolina Affordable Housing ↓

How many renters live in Trinity, North Carolina?

The City of Trinity has 7,012 people living in 2,676 households.

There are 1,662 renters living in 594 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 2,909 housing units in the Trinity area. Of these, 594 units are rental homes, making up 20 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 many renter households in Trinity are overburdened by housing costs?

Among renter households in this market, 27 percent have housing cost burden. Further, 9 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

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.