Fair Market Rent - New Hanover 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 | $1,027 |
| 1 Bedroom | $1,349 |
| 2 Bedroom | $1,515 |
| 3 Bedroom | $2,002 |
| 4 Bedroom | $2,561 |
Income Limits - New Hanover County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,000
- Very Low (50%)
- $26,700
- Low (80%)
- $42,700
- Extremely Low (30%)
- $18,300
- Very Low (50%)
- $30,500
- Low (80%)
- $48,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,300
- Low (80%)
- $54,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,100
- Low (80%)
- $60,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,150
- Low (80%)
- $65,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,200
- Low (80%)
- $70,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,250
- Low (80%)
- $75,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,300
- Low (80%)
- $80,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,000 | $26,700 | $42,700 |
| 2 Persons | $18,300 | $30,500 | $48,800 |
| 3 Persons | $21,960 | $34,300 | $54,900 |
| 4 Persons | $26,500 | $38,100 | $60,950 |
| 5 Persons | $31,040 | $41,150 | $65,850 |
| 6 Persons | $35,580 | $44,200 | $70,750 |
| 7 Persons | $40,120 | $47,250 | $75,600 |
| 8 Persons | $44,660 | $50,300 | $80,500 |
All Cities in New Hanover County
Frequently Asked Questions About Housing in New Hanover County, NC
How many affordable housing options are in New Hanover County, North Carolina?+
New Hanover County, North Carolina has 481 affordable housing listings across 1 cities, with a total of 1,623 housing units. This includes 430 public housing, 50 LIHTC, and 1 housing authority listings.
What cities in New Hanover County have affordable housing?+
New Hanover County has affordable housing in 1 cities. The top cities include Wilmington. Browse the city listings on this page to see all available options by location.
What are the Fair Market Rents in New Hanover County, North Carolina?+
The HUD Fair Market Rent (FMR) for New Hanover County, North Carolina is: Studio: $1027, 1BR: $1349, 2BR: $1515, 3BR: $2002, 4BR: $2561. FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit. Subsidized housing typically charges 30% of the tenant's income.
What are the income limits for affordable housing in New Hanover County, North Carolina?+
For a 4-person household in New Hanover County, North Carolina: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,100, Low Income (80% AMI): $60,950. These HUD-set limits determine eligibility for various housing programs and are updated annually.
How do I apply for affordable housing in New Hanover County, North Carolina?+
To apply for affordable housing in New Hanover County, North Carolina: 1) Browse the listings on this page to find properties in your preferred city, 2) Contact the property or housing authority directly, 3) Complete their application, and 4) Provide proof of income and household size. Waitlist times vary — apply to multiple properties to maximize your chances.
What types of housing programs are available in New Hanover County, North Carolina?+
New Hanover County, North Carolina offers three main types of affordable housing: Public Housing (430 listings) — government-owned properties with income-based rent; LIHTC (50 listings) — privately owned apartments built with tax credits, offering below-market rents; and Housing Authorities (1 listings) — agencies administering Section 8 vouchers and public housing programs.
How large is the population of New Hanover County?+
New Hanover County has an estimated population of 351,402 across 1 cities. With 481 affordable housing properties serving the area, the county provides a range of housing assistance options for eligible residents.