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

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Discover affordable housing in Wilmington where there are 56+ 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.

Wellington Place

1000 WELLINGTON AVE, Wilmington, North Carolina 28401

bed2

payment$775/mo.

Woodridge Pointe Apartments

1536 Sandlapper Wy, Wilmington, North Carolina 28412

bed1-4

Glover Plaza

1402 Little John Cir, Wilmington, North Carolina 28401

bed1-2

Hadden Hall II

3625 Caswell St, Wilmington, North Carolina 28403

bed1

Hadden Hall

3610 Caswell St, Wilmington, North Carolina 28403

bed1

Tidewater Townhomes

355 Greendale Drive, Wilmington, North Carolina 28405

Cape Fear Hotel Apartments

121 Chestnut Street, Wilmington, North Carolina 28401

bedStudio-1

Cypress Cove Apartments

331 S. Turners Run, Wilmington, North Carolina 28405

bed1-3

Canebreak Apartments

4917 Amy Drive, Wilmington, North Carolina 28403

Lockwood Village Apartments

4900 S College Rd, Wilmington, North Carolina 28412

bed1-2

University Place Apartments

932 Macmillan Avenue North, Wilmington, North Carolina 28403

Ahepa 408 Apartments

109 N Kerr Ave, Wilmington, North Carolina 28405

The Pointe at Taylor Estates

520 Taylor St, Wilmington, North Carolina 28401

bed2-3

Robert R. Taylor Senior Homes

1308 N 5th Ave, Wilmington, North Carolina 28401

bed1-2

New Brooklyn Homes at Taylor Estates

1205 N 4th St, Wilmington, North Carolina 28401

bed2-4

Robert S. Jervay-Loop

1088 Thomas C. Jervay Loop, Wilmington, North Carolina 28401

bed1-3

Robert S. Jervay-Covil

3430 Broad St, Wilmington, North Carolina 28403

bed2-3

Robert S. Jervay- Dawson

903 Dawson St, Wilmington, North Carolina 28401

bed2-3

Robert S Jervay-Adams

2225 Adams St, Wilmington, North Carolina 28401

bed1-2

Eastbrook Apartments

4105 Princess Place Dr, Wilmington, North Carolina 28405

bed2

How To Identify Affordable Housing in Wilmington, 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 InWilmington, North Carolina

$28.69/hour

$21.44

(+296%) more thanNorth Carolina minimum wage and

$21.44

(+296%) more than the Federal minimum wage.

Learn More About Wilmington, North Carolina AffordableHousing ↓

What HUD offices serve Wilmington, 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.

Wilmington Housing Authority

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

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

How many renters live in Wilmington, North Carolina?

The City of Wilmington haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 51.1percent of the population living in Wilmington.

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

There are an estimated housing units in theWilmington area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Wilmington, North Carolina, there are1.08 rental units.

What is the vacancy rate for rentals in Wilmington?

The rental vacancy rate in Wilmington is 5 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 Wilmington for each bedroom size?

Occupied Rental Units by Size in Wilmington
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
1,5096,40013,1826,870631

Occupied Rental Units by Size in Wilmington

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

How Much Is Rent in Wilmington

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,027 to $2,561. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$1,027
One BR$1,349
Two BR$1,515
Three BR$2,002
Four BR$2,561

2024 Fair Market Rents in Wilmington, North Carolina

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

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
Studio95463 percent
One BR4,45570 percent
Two BR9,45272 percent

Rental Units Below FMR in Wilmington, North Carolina

How many affordable rental units are in Wilmington?

There are a variety of federal affordable housing programs serving households inWilmington, 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 Wilmington, North Carolina

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

Income Based Apartments in Wilmington, North Carolina

Wilmington features 1,439 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Wilmington, North Carolina

There are 2,143 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Wilmington.

Housing Choice Vouchers in Wilmington, North Carolina

On average, Section 8 Housing Choice vouchers pay Wilmington landlords$500 per month towards rent. The average voucher holdercontributes $400 towards rent inWilmington.

The maximum amount a voucher would pay on behalf of a low-income tenant in Wilmington, North Carolina fora two-bedroom apartment is between $1,364 and $1,667.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Prepare to pay a fee to apply for units that accept Section 8 vouchers.

While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.

What Renters Say About Us

Hisini Davis says:

"I love Affordable Housing Online, it shows me what's open and also when waiting lists close."

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

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