There are 56 low-income apartments in West Canton that offer reduced rents to eligible households.
Rental assistance programs support 0 low-income homes in West Canton 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 March 16th, 2023. Subdsidized rents typically change once a year based on federal guidance.
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.
|Mountain Projects Inc.||Section 8 Housing Choice Voucher (HCV)|
West Canton features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in West Canton.
On average, Section 8 Housing Choice vouchers pay West Canton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in West Canton.
The maximum amount a voucher would pay on behalf of a low-income tenant in West Canton, North Carolina for a two-bedroom apartment is between $908 and $1,110.
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|
|West Canton, North Carolina Fair Market Rent||$686||$893||$1,009||$1,228||$1,453|
|West Canton, North Carolina Payment Standard Range||$617 to $755||$804 to $982||$908 to $1,110||$1,105 to $1,351||$1,308 to $1,598|
Sourced from federal housing data and AffordableHousingOnline.com research.
|Total Affordable Apartment Properties||1|
|Total Low Income Apartments||56|
|Total Housing Units with Rental Assistance||0|
|Percentage of Housing Units Occupied By Renters||32.26%|
|Average Renter Household Size||2.59|
|Average Household Size||2.70|
|Median Household Income||$41,463 ±$6,887|
|Median Rent||$708 ±$43|
|Percentage Of Renters Overburdened||20.5% ± 20.67pp|
West Canton is a city in Haywood County, North Carolina with a population of 1,346. There are 499 households in the city with an average household size of 2.70 persons. 32.26% of households in West Canton are renters.
The median gross income for households in West Canton is $41,463 a year, or $3,455 a month. The median rent for the city is $708 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In West Canton, a household making less than $2,360 a month would be considered overburdened when renting an apartment at or above the median rent. 20.5% of households who rent are overburdened in West Canton.
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 West Canton, the AMI is calculated from all households within Haywood County.
In West Canton, HUD calculates the Area Median Income for a family of four as $77,100
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 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.
|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 West Canton AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the West Canton AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the West Canton AMI may qualify for rental assistance programs that target Low Income households.