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Discover affordable housing in Wake County where there are 191+ 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.
1611 Royal Foxhound Ln, Raleigh, North Carolina 27610
bed2-4
payment$911-1144/mo.
9300 Capital Blvd, Raleigh, North Carolina 27616
bed2-3
payment$800-1285/mo.
11700 Arnold Palmer Dr, Raleigh, North Carolina 27617
bed1-2
payment$1231-1471/mo.
9941 Brier Oak Place, Raleigh, North Carolina 27617
bed1-3
payment$1231-1695/mo.
626 Shepard School Rd, Zebulon, North Carolina 27597
bed1-2
payment$998-1100/mo.
1121-102 Hadley Road, Raleigh, North Carolina 27610
payment$679-842/mo.
400 Grand Rock Way, Rolesville, North Carolina 27571
bed1-2
payment$1136-1361/mo.
2611 Pine Village Rd, Raleigh, North Carolina 27615
bed2-3
payment$850-975/mo.
1951 Booker Dr., Raleigh, North Carolina 27610
bed1-3
901 Sawpit Dr, Raleigh, North Carolina 27610
bed2-3
payment$825-875/mo.
705 Flavion Dr, Raleigh, North Carolina 27608
bed2-3
payment$550-620/mo.
1407 Sawyer Rd, Raleigh, North Carolina 27610
bed2
payment$525/mo.
10860 Common Oaks Dr., Raleigh, North Carolina 27614
bed2-3
3930 Dowling Haven Pl, Raleigh, North Carolina 27610
bed2-3
payment$1520-1751/mo.
4730 Archean Way, Raleigh, North Carolina 27616
bed1-3
payment$1229-1812/mo.
3700 Quarry Trace Drive, Raleigh, North Carolina 27610
bed1-3
815 Suffolk Blvd, Raleigh, North Carolina 27603
bed1-3
10710 Nickleby Way, Raleigh, North Carolina 27614
bed1-2
3930 Durham Dr, Raleigh, North Carolina 27603
bedStudio
336 Dacian Rd, Raleigh, North Carolina 27610
bed1-3
How To Identify Affordable Housing in Wake County, 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.
Badge | Description |
---|---|
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. |
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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InWake County, North Carolina
$31.17/hour
(+330%) more thanNorth Carolina minimum wage and
$23.92(+330%) more than the Federal minimum wage.
Learn More About Wake County, North Carolina AffordableHousing ↓
What HUD offices serve Wake County, 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.
Raleigh Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Wake County, North Carolina.
Housing Authority of the County of Wake
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Public Housing Homeownership, Family Self-Sufficiency programs for Wake County, North Carolina.
Go to theNorth CarolinaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Wake County.
How many renters live in Wake County, North Carolina?
The County of Wake County haspeople living in households.
There are renters living inrenter households in thisCounty. Renters make up 29.1percent of the population living in Wake County.
What is the rental market like in Wake County, North Carolina?
There are an estimated housing units in theWake County area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Wake County, North Carolina, there are1.22 rental units.
What is the vacancy rate for rentals in Wake County?
The rental vacancy rate in Wake County is 16 percent.This is ahigher than averagevacancy rate.When rental vacancy rates are high it means that there are a lot of available units and rents tendto be lower.
How many rental units are in Wake County for each bedroom size?
Occupied Rental Units by Size in Wake County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 6,573 39,261 64,240 33,980 10,925 Occupied Rental Units by Size in Wake County
A large number of apartments in Wake County have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.
How Much Is Rent in Wake County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,427 to $2,711. FMRs areupdated 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 Wake County, North Carolina
How many units are rented at Fair Market Rent (FMR) in Wake County?
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 Size Count of Units Below FMR Percentage of Total Units Below FMR Studio 4,350 66 percent One BR 26,581 68 percent Two BR 35,087 55 percent Rental Units Below FMR in Wake County, North Carolina
How many affordable rental units are in Wake County?
There are a variety of federal affordable housing programs serving households inWake County, North Carolina including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Mod Rehab Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in Wake County, North Carolina
Income Based Apartments in Wake County, North Carolina
Wake County features 3,281 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.
Low Rent Apartments in Wake County, North Carolina
There are 7,966 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Wake County.
Housing Choice Vouchers in Wake County, North Carolina
On average, Section 8 Housing Choice vouchers pay Wake County landlords$700 per month towards rent. The average voucher holdercontributes $300 towards rent inWake County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Wake County, North Carolina fora two-bedroom apartment is between $1,481 and $1,811.
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
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