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

Discover affordable housing in Wilmington where there are 56+ 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.

Woodbridge Apartments

302 Grass Ln, Wilmington, North Carolina 28405

Solomon Towers

15 Castle St, Wilmington, North Carolina 28401

Hillcrest

1402 Meares St, Wilmington, North Carolina 28401

Houston Moore Terrace

1617 E Plaza, Wilmington, North Carolina 28401

Market North Apartments

111 Darlington Ave, Wilmington, North Carolina 28403

Lake Ridge Commons

4160 Lake Ave, Wilmington, North Carolina 28403

Creekwood South

714 Emory St, Wilmington, North Carolina 28405

Village at Greenfield

1519 Lakebranch Drive, Wilmington, North Carolina 28401

Vineyard Pointe

4912 Vineyard Ln, Wilmington, North Carolina 28403

White Oak Apartments

7235 Darden Rd, Wilmington, North Carolina 28411

Gresham Place Lp

6612 Gordon Rd, Wilmington, North Carolina 28411

Willow Pond Apartments

3508 Frog Pond Rd, Wilmington, North Carolina 28403

James Walker Apartments

1020 Rankin St, Wilmington, North Carolina 28401

As New Hanover Co. G.H. 1

1519 Robert E Lee Dr, Wilmington, North Carolina 28412

As New Hanover Co. G.H. 2

1507 Robinhood Rd, Wilmington, North Carolina 28401

First Fruit Ministries

2750 Vance St, Wilmington, North Carolina 28412

Bellamy

520 Bellamy Aly, Wilmington, North Carolina 28401

Bennett Village Apartments

719 Piner Rd, Wilmington, North Carolina 28409

Rankin Terrace Apartments

410 N 11th St, Wilmington, North Carolina 28401

Creekwood South

714 Emory St, Wilmington, North Carolina 28405

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wilmington, North Carolina
$28.69/hour
$21.44 (+296%) more than North Carolina minimum wage and $21.44 (+296%) more than the Federal minimum wage.
Learn More About Wilmington, North Carolina Affordable Housing ↓

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

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

How many renters live in Wilmington, North Carolina?

The City of Wilmington has 120,320 people living in 55,512 households.

There are 61,482 renters living in 30,896 renter households in this City. Renters make up 51.1 percent of the population living in Wilmington.

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

There are an estimated 62,489 housing units in the Wilmington area. Of these, 33,268 units are rental homes, making up 53 percent of the housing market. For every renter household in Wilmington, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Wilmington?

The rental vacancy rate in Wilmington is 5 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 Wilmington for each bedroom size?

Occupied Rental Units by Size in Wilmington
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,509 6,400 13,182 6,870 631
Occupied Rental Units by Size in Wilmington

A large number of apartments in Wilmington 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 Wilmington are overburdened by housing costs?

Among renter households in this market, 49 percent have housing cost burden. Further, 21 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 Wilmington

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,027 to $2,561. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,027
One BR $1,349
Two BR $1,515
Three BR $2,002
Four BR $2,561
2024 Fair Market Rents in Wilmington, North Carolina

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

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 954 63 percent
One BR 4,455 70 percent
Two BR 9,452 72 percent
Rental Units Below FMR in Wilmington, North Carolina

How many affordable rental units are in Wilmington?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,817
Public Housing 1,003
Section 8 Project-Based Rental Assistance 636
Section 202 Supportive Housing for the Elderly 87
Section 811 Supportive Housing for Persons with Disabilities 11
Tracked Units by Federal Program in Wilmington, North Carolina

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

Income Based Apartments in Wilmington, North Carolina

Wilmington features 1,439 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 Wilmington, North Carolina

There are 2,143 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wilmington.

Housing Choice Vouchers in Wilmington, North Carolina

On average, Section 8 Housing Choice vouchers pay Wilmington landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Wilmington.

The maximum amount a voucher would pay on behalf of a low-income tenant in Wilmington, North Carolina for a two-bedroom apartment is between $1,364 and $1,667.

Sourced from federal housing data and AffordableHousingOnline.com research.