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

Discover affordable housing in Weaverville where there are 4+ 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.

Dry Ridge Apartments

21 Clinton St, Weaverville, North Carolina 28787

switch_access_shortcut Short Wait
accessibility Accessible

2-4 Village Park Dr Unit 4 Village Park Dr

2-4 Village Park Dr Unit 4 Village Park Dr, Weaverville, North Carolina 28787

bed 3
payment $1795/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

456 Reems Creek Rd Unit 8

456 Reems Creek Rd Unit 8, Weaverville, North Carolina 28787

bed 2
payment $1400/mo.

452 Reems Creek Rd Unit 8

452 Reems Creek Rd Unit 8, Weaverville, North Carolina 28787

bed 2
payment $1375/mo.

How To Identify Affordable Housing in Weaverville, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Weaverville, North Carolina
$31.82/hour
$24.57 (+339%) more than North Carolina minimum wage and $24.57 (+339%) more than the Federal minimum wage.
Learn More About Weaverville, North Carolina Affordable Housing ↓

How many renters live in Weaverville, North Carolina?

The City of Weaverville has people living in households.

There are renters living in renter households in this City. Renters make up 20.82 percent of the population living in Weaverville.

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

There are an estimated housing units in the Weaverville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Weaverville, North Carolina, there are 1.21 rental units.

What is the vacancy rate for rentals in Weaverville?

The rental vacancy rate in Weaverville is 15 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Weaverville for each bedroom size?

Occupied Rental Units by Size in Weaverville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 101 373 15 0
Occupied Rental Units by Size in Weaverville

A large number of apartments in Weaverville 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 Weaverville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,428 to $2,851. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,428
One BR $1,496
Two BR $1,680
Three BR $2,160
Four BR $2,851
2024 Fair Market Rents in Weaverville, North Carolina

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

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
One BR 82 81 percent
Two BR 88 24 percent
Rental Units Below FMR in Weaverville, North Carolina

How many affordable rental units are in Weaverville?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Weaverville, North Carolina

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

Income Based Apartments in Weaverville, North Carolina

Weaverville features 24 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 Weaverville, North Carolina

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Weaverville.

Housing Choice Vouchers in Weaverville, North Carolina

On average, Section 8 Housing Choice vouchers pay Weaverville landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Weaverville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Weaverville, North Carolina for a two-bedroom apartment is between $1,512 and $1,848.

Sourced from federal housing data and AffordableHousingOnline.com research.

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