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Fair Market Rent - Alamance County, NC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $828 |
| 1 Bedroom | $1,043 |
| 2 Bedroom | $1,215 |
| 3 Bedroom | $1,523 |
| 4 Bedroom | $1,713 |
Income Limits - Alamance County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,150
- Very Low (50%)
- $23,600
- Low (80%)
- $37,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,000
- Low (80%)
- $43,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,350
- Low (80%)
- $48,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,100
- Low (80%)
- $62,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,800
- Low (80%)
- $66,850
- Extremely Low (30%)
- $44,500
- Very Low (50%)
- $44,500
- Low (80%)
- $71,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,150 | $23,600 | $37,750 |
| 2 Persons | $17,420 | $27,000 | $43,150 |
| 3 Persons | $21,960 | $30,350 | $48,550 |
| 4 Persons | $26,500 | $33,700 | $53,900 |
| 5 Persons | $31,040 | $36,400 | $58,250 |
| 6 Persons | $35,580 | $39,100 | $62,550 |
| 7 Persons | $40,120 | $41,800 | $66,850 |
| 8 Persons | $44,500 | $44,500 | $71,150 |
Frequently Asked Questions About Housing in Elon College, NC
What is the average rent for affordable housing in Elon College, North Carolina?+
The Fair Market Rent for Alamance County, North Carolina is: Studio: $828, 1BR: $1043, 2BR: $1215, 3BR: $1523. Subsidized housing typically charges tenants 30% of their adjusted gross income, which may be significantly less than FMR.
How do I apply for Section 8 housing in Elon College, North Carolina?+
To apply for Section 8 (Housing Choice Voucher) in Elon College, North Carolina, contact your local housing authority. You can browse the housing authority listings on this page to find contact information. Applications are typically accepted when the waitlist is open. Eligibility is based on income (generally below 50% of Area Median Income), family size, and citizenship status.
What are the income limits for affordable housing in Alamance County, North Carolina?+
For a 4-person household in Alamance County, North Carolina, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,700, Low Income (80% AMI): $53,900. Income limits vary by household size and are updated annually by HUD.
What is the population of Elon College, North Carolina?+
Elon College, North Carolina has an estimated population of 0. With 0 affordable housing properties serving the area, there are housing assistance options available for eligible residents.