Affordable Housing In Wilkes County
15 Low Income Apartment Communities In Wilkes County
Guide To Affordable Housing in Wilkes County, North Carolina
There are 15 low income housing apartment communities offering 729 affordable apartments for rent in Wilkes County, North Carolina.
Income Based Apartments in Wilkes County, North Carolina
Wilkes County features 540 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 Wilkes County, North Carolina
There are 189 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wilkes County.
Housing Choice Vouchers in Wilkes County, North Carolina
On average, Section 8 Housing Choice vouchers pay Wilkes County landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Wilkes County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Wilkes County, North Carolina for a two-bedroom apartment is between $624 and $762.
2021 Wilkes County, 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|
|Wilkes County, North Carolina Fair Market Rent||$539||$543||$693||$992||$1,120|
|Wilkes County, North Carolina Payment Standard Range||$485 to $593||$489 to $597||$624 to $762||$893 to $1,091||$1,008 to $1,232|
Sourced from federal housing data and AffordableHousingOnline.com research.
Wilkes County, NC Affordable Housing Snapshot
|Total Affordable Apartment Properties||15|
|Total Low Income Apartments||729|
|Total Housing Units with Rental Assistance||540|
|Percentage of Housing Units Occupied By Renters||25.66%|
|Average Renter Household Size||2.52|
|Average Household Size||2.48|
|Median Household Income||$33,232 ±$1,812|
|Median Rent||$587 ±$17|
|Percentage Of Renters Overburdened||43.71% ± 4.81pp|
Population and Household Demographics
Wilkes County is a county in North Carolina with a population of 68,946. There are 27,422 households in the county with an average household size of 2.48 persons. 25.66% of households in Wilkes County are renters.
Income and Rent Overburden in Wilkes County
The median gross income for households in Wilkes County is $33,232 a year, or $2,769 a month. The median rent for the county is $587 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wilkes County, a household making less than $1,957 a month would be considered overburdened when renting an apartment at or above the median rent. 43.71% of households who rent are overburdened in Wilkes County.
Area Median Income In Wilkes County
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.
In Wilkes County, HUD calculates the Area Median Income for a family of four as $56,400
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 Wilkes County
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 Wilkes County
|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 Wilkes County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Wilkes County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Wilkes County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Wilkes County
Select A City to View its Apartment Communities and Waiting Lists.
|North Wilkesboro||The HUD funded Public Housing Agency that serves North Wilkesboro is the North Wilkesboro Housing Authority.|