Low Income Apartments and Affordable Housing For Rent in Greensboro, NC (2024)

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Discover affordable housing in Greensboro where there are 115+ 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.

Windhill Apartments

202 Windhill Ct, Greensboro, North Carolina 27405

bed2-3

payment$565-652/mo.

Spencer Street Apartments

2101 Spencer St, Greensboro, North Carolina 27401

bed2

payment$462/mo.

Village Crossing

200 Berryman St, Greensboro, North Carolina 27405

bed1-2

payment$452-554/mo.

Rankin School Place

1611 Spry St, Greensboro, North Carolina 27405

bed1-2

Laurence Manor

2300 Juliet Pl, Greensboro, North Carolina 27406

bed1-3

payment$420-455/mo.

Willow Ridge Apartments

2019 Willow Rd, Greensboro, North Carolina 27406

bed2-4

payment$826-1060/mo.

Aldersgate Apartments

2608 Merritt Dr, Greensboro, North Carolina 27407

Southwoods

2307 A Columbus Street, Greensboro, North Carolina 27406

bedStudio

payment$445/mo.

Redhill Pointe

2931 West Vandalia Rd., Greensboro, North Carolina 27407

bed1-3

payment$283-785/mo.

Richardson Hospital

603 S Benbow Rd, Greensboro, North Carolina 27401

bed1-2

payment$419-498/mo.

Richardson Village

600-604 Dewitt St, Greensboro, North Carolina 27401

bed2

payment$495/mo.

Muirs Landing

4803 Kenview St, Greensboro, North Carolina 27410

bed1-3

payment$299-780/mo.

Sumner Ridge

4452 Old Randleman Road, Greensboro, North Carolina 27406

bed1-3

payment$307-775/mo.

Gardengate Apartments

2611 Merritt Dr, Greensboro, North Carolina 27407

bed1-2

Parkside Apartments

306 Oconnor St, Greensboro, North Carolina 27406

Windhill Court

109 Wind Hill Ct, Greensboro, North Carolina 27405

bed1-2

payment$480-560/mo.

3409 N Ohenry Blvd, Greensboro, North Carolina 27405

Shepherd House

1500 Lankford St, Greensboro, North Carolina 27405

Morehead - Simkins Ind. Living Apartments

1301 Jolson St, Greensboro, North Carolina 27405

How To Identify Affordable Housing in Greensboro, North Carolina

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.

Back to rentals ↑

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InGreensboro, North Carolina

$22.16/hour

$14.91

(+206%) more thanNorth Carolina minimum wage and

$14.91

(+206%) more than the Federal minimum wage.

Learn More About Greensboro, North Carolina AffordableHousing ↓

What HUD offices serve Greensboro, North Carolina?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Greensboro Housing Authoity

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Greensboro, North Carolina.

Go to theNorth CarolinaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Greensboro.

How many renters live in Greensboro, North Carolina?

The City of Greensboro haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 43.3percent of the population living in Greensboro.

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

There are an estimated housing units in theGreensboro area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Greensboro, North Carolina, there are1.05 rental units.

What is the vacancy rate for rentals in Greensboro?

The rental vacancy rate in Greensboro is 4 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Greensboro for each bedroom size?

Occupied Rental Units by Size in Greensboro
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
1,72113,51228,04613,9673,413

Occupied Rental Units by Size in Greensboro

A large number of apartments in Greensboro have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How Much Is Rent in Greensboro

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,011 to $1,680. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$1,011
One BR$1,042
Two BR$1,170
Three BR$1,493
Four BR$1,680

2024 Fair Market Rents in Greensboro, North Carolina

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

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio1,08563 percent
One BR7,93459 percent
Two BR15,90657 percent

Rental Units Below FMR in Greensboro, North Carolina

How many affordable rental units are in Greensboro?

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

Federal ProgramUnit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Greensboro, North Carolina

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

Income Based Apartments in Greensboro, North Carolina

Greensboro features 3,542 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Greensboro, North Carolina

There are 1,809 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Greensboro.

Housing Choice Vouchers in Greensboro, North Carolina

On average, Section 8 Housing Choice vouchers pay Greensboro landlords$500 per month towards rent. The average voucher holdercontributes $300 towards rent inGreensboro.

The maximum amount a voucher would pay on behalf of a low-income tenant in Greensboro, North Carolina fora two-bedroom apartment is between $1,053 and $1,287.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

You can still apply to online applications without internet access.

If you don't have internet access, go to a local public library that has devices with an online connection.

What Renters Say About Us

Ashley Prince says:

"Affordable Housing Online helped me stay ahead of the game to find out about waiting list openings in my high demand area."

Low Income Apartments and Affordable Housing For Rent in Greensboro, NC (2024)
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