How many renters live in Youngsville, North Carolina?
The City of Youngsville has people living in households.
There are renters living in renter households in this City. Renters make up 45.97 percent of the population living in Youngsville.
What is the rental market like in Youngsville, North Carolina?
There are an estimated housing units in the Youngsville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Youngsville, North Carolina, there are 1.03 rental units.
What is the vacancy rate for rentals in Youngsville?
The rental vacancy rate in Youngsville is 0 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 Youngsville for each bedroom size?
Occupied Rental Units by Size in Youngsville
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 64 | 328 | 73 | 13 |
Occupied Rental Units by Size in Youngsville
A large number of apartments in Youngsville 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 Youngsville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,427 to $2,711. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,427 |
| One BR | $1,466 |
| Two BR | $1,646 |
| Three BR | $2,035 |
| Four BR | $2,711 |
2024 Fair Market Rents in Youngsville, North Carolina
How many units are rented at Fair Market Rent (FMR) in Youngsville?
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 | 63 | 98 percent |
| Two BR | 328 | 100 percent |
Rental Units Below FMR in Youngsville, North Carolina
How many affordable rental units are in Youngsville?
Income Based Apartments in Youngsville, North Carolina
Youngsville features 0 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 Youngsville, North Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Youngsville.
Housing Choice Vouchers in Youngsville, North Carolina
On average, Section 8 Housing Choice vouchers pay Youngsville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Youngsville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Youngsville, North Carolina for a two-bedroom apartment is between $1,481 and $1,811.
Sourced from federal housing data and AffordableHousingOnline.com research.