What HUD offices serve High Point, North Carolina?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near High Point.
How many renters live in High Point, North Carolina?
The City of High Point has people living in households.
There are renters living in renter households in this City. Renters make up 36.9 percent of the population living in High Point.
What is the rental market like in High Point, North Carolina?
There are an estimated housing units in the High Point area. Of these, units are rental homes, making up percent of the housing market. For every renter household in High Point, North Carolina, there are 1.06 rental units.
What is the vacancy rate for rentals in High Point?
The rental vacancy rate in High Point is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in High Point for each bedroom size?
Occupied Rental Units by Size in High Point
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 526 | 3,492 | 7,781 | 5,754 | 773 |
Occupied Rental Units by Size in High Point
A large number of apartments in High Point have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in High Point
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,011 to $1,680. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 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 High Point, North Carolina
How many units are rented at Fair Market Rent (FMR) in High Point?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search 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 | 451 | 86 percent |
| One BR | 2,552 | 73 percent |
| Two BR | 4,987 | 64 percent |
Rental Units Below FMR in High Point, North Carolina
How many affordable rental units are in High Point?
There are a variety of federal affordable housing programs serving households in High Point, North Carolina including the following:
| Federal Program | Unit 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 High Point, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in High Point, North Carolina
High Point features 2,040 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in High Point, North Carolina
There are 614 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in High Point.
Housing Choice Vouchers in High Point, North Carolina
On average, Section 8 Housing Choice vouchers pay High Point landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in High Point.
The maximum amount a voucher would pay on behalf of a low-income tenant in High Point, North Carolina for a two-bedroom apartment is between $1,053 and $1,287.
Sourced from federal housing data and AffordableHousingOnline.com research.
