Low Income Apartments For Rent in Thomasville, NC

There are 97 low-income apartments in Thomasville that offer reduced rents to eligible households. Low-income rents in Thomasville, North Carolina can range from $505 to $620 depending on the number of bedrooms.

Rental assistance programs support 394 low-income homes in Thomasville where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $344 towards rent each month.

Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Thomasville, 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
Thomasville Housing Authority	Section 8 Housing Choice Voucher (HCV); Public Housing

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

Thomasville, North Carolina Affordable Housing Data

Income Based Apartments in Thomasville, North Carolina

Thomasville features 394 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 Thomasville, North Carolina

There are 97 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Thomasville.

Housing Choice Vouchers in Thomasville, North Carolina

On average, Section 8 Housing Choice vouchers pay Thomasville landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Thomasville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Thomasville, North Carolina for a two-bedroom apartment is between $859 and $1,049.

2024 Thomasville, 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
Thomasville, North Carolina Fair Market Rent	$768	$773	$954	$1,264	$1,557
Thomasville, North Carolina Payment Standard Range	$691 to $845	$696 to $850	$859 to $1,049	$1,138 to $1,390	$1,401 to $1,713

Sourced from federal housing data and AffordableHousingOnline.com research.

Thomasville, NC Affordable Housing Snapshot

Total Affordable Apartment Properties 11

Total Low Income Apartments 493

Total Housing Units with Rental Assistance 394

Percentage of Housing Units Occupied By Renters 42.92%

Average Renter Household Size 2.34

Average Household Size 2.43

Median Household Income $35,554 ±$2,017

Median Rent $599 ±$26

Percentage Of Renters Overburdened 45.58% ± 6.02pp

Total Population 27,084

Total Affordable Apartment Properties	11
Total Low Income Apartments	493
Total Housing Units with Rental Assistance	394
Percentage of Housing Units Occupied By Renters	42.92%
Average Renter Household Size	2.34
Average Household Size	2.43
Median Household Income	$35,554 ±$2,017
Median Rent	$599 ±$26
Percentage Of Renters Overburdened	45.58% ± 6.02pp
Total Population	27,084

Population and Household Demographics

Thomasville is a city in Davidson County, North Carolina with a population of 27,084. There are 10,961 households in the city with an average household size of 2.43 persons. 42.92% of households in Thomasville are renters.

Income and Rent Overburden in Thomasville

The median gross income for households in Thomasville is $35,554 a year, or $2,963 a month. The median rent for the city is $599 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Thomasville, a household making less than $1,997 a month would be considered overburdened when renting an apartment at or above the median rent. 45.58% of households who rent are overburdened in Thomasville.

Area Median Income In Thomasville

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Thomasville, the AMI is calculated from all households within Davidson County.

In Thomasville, HUD calculates the Area Median Income for a family of four as $70,700

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 Thomasville

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 Thomasville

	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 Thomasville AMI may qualify for rental assistance programs that target Extremely Low Income households.	$14,580	$19,720	$24,860	$30,000	$35,140	$40,150	$42,950	$45,700
50% AMI Income Limits Renters earning up to 50% of the Thomasville AMI may qualify for rental assistance programs that target Very Low Income households.	$24,250	$27,700	$31,150	$34,600	$37,400	$40,150	$42,950	$45,700
80% AMI Income Limits Renters earning up to 80% of the Thomasville AMI may qualify for rental assistance programs that target Low Income households.	$38,750	$44,300	$49,850	$55,350	$59,800	$64,250	$68,650	$73,100