Finding affordable housing in North Carolina. This is Dave Layfield, founder of affordable housing online
I founded affordable housing online over 25 years ago because as an affordable housing industry
professional, I realized just how hard it was for low income Americans to find the information they needed to solve complex housing problems
I'm proud to report that over the years, our housing experts have helped millions of renters find affordable housing like section eight vouchers and rent
subsidized apartments. I hope this video and the other resources we have put together can help you find affordable housing in North Carolina
North Carolina is home to over 10 million people with more than 29% of them being renters finding affordable housing can be challenging
but we're here to help the median monthly rent for a two bedroom apartment in North Carolina is $1065
Unfortunately, 44% of renters are cost burdened, meaning they spend more than 30% of their income on rent
So what affordable rental homes are available for low income renters in North Carolina
There are over 3780 affordable apartment communities with income restricted or subsidized rent
These include units for persons with disabilities and seniors. North Carolina offers 123,837 income restricted apartments where
tenants typically pay no more than 30% of their income towards rent and utilities
Additionally, there are 58,013 apartments that base rent on a tenant's income
The state is served by 116 public housing authorities managing several federal housing programs including public housing section eight housing choice voucher and project
based voucher programs. The section eight and project based voucher programs provide vouchers for 72,105 households
Tenants pay 30% of their income towards rent with vouchers covering the rest
The average wait time for Section eight in North Carolina is 21 months for public housing
The wait time is also 21 months for a detailed look at the 3780 affordable properties in North Carolina
And the most current information on open waiting lists, visit the North Carolina page on affordable housing online
Make sure to check out Dave's thoughts for each of the 100,000 plus apartment communities and millions of apartments in our database
Using my 30 years of affordable rental housing experience. I have yzed each property and assessed how each can benefit you and your family
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Thanks for visiting affordable housing online. We wish you success in your search for affordable housing