There are 491 low-income apartments in Edgecombe County that offer reduced rents to eligible households. Low-income rents in Edgecombe County, North Carolina can range from $405 to $857 depending on the number of bedrooms.
Rental assistance programs support 2,175 low-income homes in Edgecombe County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $323 towards rent each month.
Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Edgecombe County, 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.
| Housing Authority | Programs |
|---|---|
| Nash-Edgecombe Wilson Community Action, Inc | Section 8 Housing Choice Voucher (HCV) |
Edgecombe County, North Carolina Affordable Housing Data
Income Based Apartments in Edgecombe County, North Carolina
Edgecombe County features 2,175 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 Edgecombe County, North Carolina
There are 491 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Edgecombe County.
Housing Choice Vouchers in Edgecombe County, North Carolina
On average, Section 8 Housing Choice vouchers pay Edgecombe County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Edgecombe County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Edgecombe County, North Carolina for a two-bedroom apartment is between $932 and $1,139.
2024 Edgecombe 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 | |
|---|---|---|---|---|---|
| Edgecombe County, North Carolina Fair Market Rent | $825 | $830 | $1,035 | $1,395 | $1,579 |
| Edgecombe County, North Carolina Payment Standard Range | $743 to $908 | $747 to $913 | $932 to $1,139 | $1,256 to $1,535 | $1,421 to $1,737 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Edgecombe County, NC Affordable Housing Snapshot
| Total Affordable Apartment Properties | 85 |
|---|---|
| Total Low Income Apartments | 2,706 |
| Total Housing Units with Rental Assistance | 2,175 |
| Percentage of Housing Units Occupied By Renters | 40.14% |
| Average Renter Household Size | 2.50 |
| Average Household Size | 2.57 |
| Median Household Income | $32,659 ±$1,473 |
| Median Rent | $639 ±$25 |
| Percentage Of Renters Overburdened | 48.16% ± 3.8pp |
| Total Population | 55,280 |
Population and Household Demographics
Edgecombe County is a county in North Carolina with a population of 55,280. There are 21,026 households in the county with an average household size of 2.57 persons. 40.14% of households in Edgecombe County are renters.
Income and Rent Overburden in Edgecombe County
The median gross income for households in Edgecombe County is $32,659 a year, or $2,722 a month. The median rent for the county is $639 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Edgecombe County, a household making less than $2,130 a month would be considered overburdened when renting an apartment at or above the median rent. 48.16% of households who rent are overburdened in Edgecombe County.
Area Median Income In Edgecombe 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 Edgecombe County, HUD calculates the Area Median Income for a family of four as $77,700
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 Edgecombe 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 Edgecombe 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 Edgecombe County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$14,900 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $43,900 | $46,750 |
| 50% AMI Income Limits Renters earning up to 50% of the Edgecombe County AMI may qualify for rental assistance programs that target Very Low Income households. |
$24,800 | $28,350 | $31,900 | $35,400 | $38,250 | $41,100 | $43,900 | $46,750 |
| 80% AMI Income Limits Renters earning up to 80% of the Edgecombe County AMI may qualify for rental assistance programs that target Low Income households. |
$39,700 | $45,350 | $51,000 | $56,650 | $61,200 | $65,750 | $70,250 | $74,800 |
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.