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

Discover affordable housing in Waynesville where there are 12+ 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.

Waynesville Towers

65 Church St, Waynesville, North Carolina 28786

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

Givens Great Laurels

80 Candler Street, Waynesville, North Carolina 28786

bed 1-2
payment $630/mo.
payment Subsidized
elderly Senior
accessibility Accessible

650 Mountain Lake Dr Unit Studio Apartment

650 Mountain Lake Dr Unit Studio Apartment, Waynesville, North Carolina 28785

bed 1
payment $950/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

Cavalier Arms Apartments

50 Duckett Cove Rd, Waynesville, North Carolina 28786

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Cac of Haywood County

90 Cindy Ln, Waynesville, North Carolina 28786

payment Subsidized
accessibility Accessible
accessible_forward Disability

Chc of Haywood Co.

38 Thomas Park Dr, Waynesville, North Carolina 28786

payment Subsidized
accessibility Accessible
accessible_forward Disability

Arc Hds Haywood Co Gh

114 Meadowood Cir, Waynesville, North Carolina 28786

switch_access_shortcut Short Wait

Arc Hds Haywood Co Gh 2

319 Farley St, Waynesville, North Carolina 28786

switch_access_shortcut Short Wait

Brookmont Lofts

1230 N Main St, Waynesville, North Carolina 28786

switch_access_shortcut Short Wait
accessibility Accessible

Hickory Hollow Apts

420 Killian St., Waynesville, North Carolina

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Waynesville Ha Low Income Project

20 Solomon St, Waynesville, North Carolina 28786

payment Subsidized

Mauney Cove Apartments

Mauney Cove Rd, Waynesville, North Carolina 28786

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

How To Identify Affordable Housing in Waynesville, 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: Sep 6
Open Until Further Notice
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Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Waynesville, North Carolina
$23.43/hour
$16.18 (+223%) more than North Carolina minimum wage and $16.18 (+223%) more than the Federal minimum wage.
Learn More About Waynesville, North Carolina Affordable Housing ↓

What HUD offices serve Waynesville, 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 Public Housing programs for Waynesville, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Waynesville, North Carolina.

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

How many renters live in Waynesville, North Carolina?

The City of Waynesville has people living in households.

There are renters living in renter households in this City. Renters make up 37.42 percent of the population living in Waynesville.

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

There are an estimated housing units in the Waynesville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Waynesville, North Carolina, there are 1.07 rental units.

What is the vacancy rate for rentals in Waynesville?

The rental vacancy rate in Waynesville is 6 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 Waynesville for each bedroom size?

Occupied Rental Units by Size in Waynesville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
201 550 705 414 144
Occupied Rental Units by Size in Waynesville

A large number of apartments in Waynesville 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 Waynesville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,068 to $1,692. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,068
One BR $1,102
Two BR $1,237
Three BR $1,496
Four BR $1,692
2024 Fair Market Rents in Waynesville, North Carolina

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

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 106 53 percent
One BR 293 53 percent
Two BR 490 70 percent
Rental Units Below FMR in Waynesville, North Carolina

How many affordable rental units are in Waynesville?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Waynesville, North Carolina

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

Income Based Apartments in Waynesville, North Carolina

Waynesville features 303 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 Waynesville, North Carolina

There are 174 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Waynesville.

Housing Choice Vouchers in Waynesville, North Carolina

On average, Section 8 Housing Choice vouchers pay Waynesville landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Waynesville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Waynesville, North Carolina for a two-bedroom apartment is between $1,113 and $1,361.

Sourced from federal housing data and AffordableHousingOnline.com research.