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Currently, Charlotte, NC has 373 low-income apartments available to rent. Farm Lane Apartments Address: 5500 Farm Pond Lane, Charlotte, North Carolina, 28212 Telephone: 704-536-5643 Fax: 704-536-0550 Text: 704.486.5014 Manager: Brenda Ames Email: farmlane@wcsites.net Description Farm Lane Apartments has 120 units offering affordable 1 bedroom apartments for senior persons, age 62 and over. Pool Continue with Recommended Cookies. The LYNX Light Rail System offers a quick way to get to Uptown and back without having to worry about dealing with traffic and finding a parking spot in the heart of the city. Single-largest allocation of Housing Trust Funds in city's history could add 1,422 affordable rental units for families, seniors and homeless people in Charlotte. Let Apartments.com help you find the perfect senior housing apartment in Charlotte. Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. It has a maximum capacity of 62 senior living apartments. Therefore, seniors that choose a LIHTC program should expect to live in a community with a mixed age group. Your golden years should be a time for enjoying life, not for worrying about where youre going to live. Rent Trends. North Carolina Section 8 Waiting Lists page for openings near Charlotte. If you don't want to wait, please call (888) 595-9101. Please correct it. Walk-In Closets Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. Enjoy live performances, family-friendly events, local cuisine, and a vibrant nightlife scene. As of March 2023, the average apartment rent in Charlotte, NC is $1,397 for a studio, $1,416 for one bedroom, $1,588 for two bedrooms, and $1,819 for three bedrooms. Likewise, Charlotte is filled with facilities, magnet hospitals, and fitness centers that cater to the senior population. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. In addition, seniors applying should not have a criminal record. Rental assistance is a type of housing subsidy that pays for a portion of a renters monthly housing costs, including rent and tenant paid utilities. Low Rent Apartments in Charlotte, North Carolina If you prefer, you can get all costs information by calling us at (866) 892-7533. We want to be able to answer any questions you may have. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.StudioOne BRTwo BRThree BRFour BRCharlotte, North Carolina Fair Market Rent$1,154$1,180$1,333$1,691$2,183Charlotte, North Carolina Payment Standard Range$1,039 to $1,269$1,062 to $1,298$1,200 to $1,466$1,522 to $1,860$1,965 to $2,401@media(max-width:768px){.fmr-table td:nth-of-type(1):before{content:"Studio"}; } @media (max-width:768px){ .fmr-table td:nth-of-type(2):before{content:"One"}; } @media (max-width:768px){ .fmr-table td:nth-of-type(3):before{content:"Two"}; } @media (max-width:768px){ .fmr-table td:nth-of-type(4):before{content:"Three"}; } @media (max-width:768px){ .fmr-table td:nth-of-type(5):before{content:"Four"}; }}. However, with the increase in the senior population comes a pretty big housing problem. Just click on any of these 914 senior housing apartment options to view photos and floor plans, plus find out verified information about neighborhoods, amenities, services, community activities and more. East Towne is a 55 and over senior housing complex situated at 4815 North Sharon Amity Road in Mecklenburg county and offers senior living in Charlotte, North Carolina. 5. This is your time to shine, and Apartment Finder has the ideal senior housing apartment in Charlotte. Since the number of seniors that rent versus owning their housing has increased, it has had a profound impact on real estate. Known as the Queen City, Charlotte is North Carolinas busiest city with over 800,000 residents. For Charlotte, the AMI is calculated from all households within Mecklenburg County. In addition, this section provides non-profit community housing developers the ability to apply for extremely low-rate senior apartment development loans from the federal government. HUD contributes the rental subsidies directly to qualified landlords to supplement the rental payments. You might be able to find places to ride your bike in this area, but youll most likely want your car for most errands. Charlotte is not the only city that is seeing an influx of its senior population. Phone: 704-537-8190. 227 W 4th St. Charlotte, NC 28202. Each household's income is compared to the incomes of all other households in the area. Seniors that have more flexibility in location can search for living options available in other cities that are nearby. The Terrace At Brightmore Of South Charlotte provides senior citizen apartments in Charlotte, NC. If. Cities, like Charlotte, with higher populations tend to quickly run out of housing units to offer because of the popularity of the services and amenities that are available in the area. Willow Ridge Assisted Living is a 55 and older residence for seniors located at 2140 Milton Road, 28215 zip code, belonging to the Mecklenburg area. Another component of Section 202 is to subsidize rents for the elderly tenants who live in a Section 202 property. Some senior living communities also offer assistance and medical care. You seem to have mistyped your email address extension. Carmel Hills is a senior living community situated at 2801 Carmel Road, inside 28226 zip code in the Mecklenburg county. Catch a live concert at the Fillmore Charlotte, explore the NASCAR Hall of Fame, catch a game at NBAs Spectrum Theater, explore Discovery Place Science, or ride the rollercoasters at Carowinds. Brookdale Cotswold is a 55 and older residence for seniors located at 3610 Randolph Road, 28211 zip code, belonging to the Mecklenburg area. Therefore, community owners under the LIHTC program can designate different units and assign them to specific income brackets. 1-4 Beds, $1,050 - 1,372 So, if a senior resident finds a low income apartment in Charlotte that costs $800 per month, that senior may only have to pay $300 or $400 toward rent and the voucher will cover the rest. If you or a loved one is an aging adult that is searching for a low income place to live in Charlotte, read on through the following sections to find out more information: There has been a steady increase in the need for Charlotte low income senior living apartments within the city and surrounding suburbs. Many options are available for seniors to help with their housing payments from government programs that have been created specifically for senior residents. Brookdale Cotswold provides housing for senior citizens in Charlotte, NC. On top of that, Charlotte is attracting an influx of seniors because the medical costs in Charlotte are 5% lower than the national average. Charlotte is a major economic hub that houses numerous corporate headquarters, including nine Fortune 500 companies. Seniors that have more flexibility in location can search for living options available in other cities that are nearby. Many of these seniors do not have the ability to purchase a home and many that can purchase wont because of the upkeep involved. Thank you. The average rent of a 4 bedroom rental in Charlotte, NC is $2,245. Charlotte Square is a senior apartment facility situated at 5820 Carmel Road, 28226 zip code. Affordable Housing programs support 7,402 income based apartments in Charlotte where households pay rent based on how much they earn. Brookdale South Park is a 55 and older residence for seniors located at 5326 Park Road, 28209 zip code, belonging to the Mecklenburg area. It has capacity of 80 senior apartments. The SouthPark area also features upscale boutiques and high-end restaurants, while NoDa, or the North Davidson area near Uptown, has several trendy shops that sell clothing, art, home decor and handmade jewelry. Charlotte is a city in Mecklenburg County, North Carolina with a population of 792,137. Shads Landing Charlotte offers easy access to major interstates, a public transit line, and proximity to the Charlotte Douglas International Airport. If you have to get to and from the more outlying areas of the city, you might have a harder time finding public transportation. Could you please let us know your last name so we can send all the information to you? The consent submitted will only be used for data processing originating from this website. Seniors tend to have increasing medical expenses as they continue to grow old, which can cause a financial burden that must be considered when looking for affordable living options. It includes a total of 30 senior apartment units. Corpyou NC. While about two-thirds of the seniors own homes, nearly 21 million seniors rent. Transportation Car-Dependent 46 out of 100 WalkScore Rating Phone #: (877) 666-3231 The Haven In Highland Creek is a senior living facility located at 5920 Mcchesney Drive, inside 28269 zip code in Mecklenburg county and offers senior housing in Charlotte, North Carolina. The nice thing about Section 202 apartments is that applying for the program is quite easy. Cities, like Charlotte, with higher populations tend to quickly run out of housing units to offer because of the popularity of the services and amenities that are available in the area. The Laurels In Highland Creek provides a total of 105 55+ senior apartments. Senioridy is an online search platform that is free to use, requires no sign up and it allows seniors and their loved ones to search for whatever type of unit they need. The tax credits are an incentive for developers to build new housing or acquire and rehabilitate existing housing units to help give housing options to low income households. If you prefer, you can get all information about this facility by calling us at (866) 892-7533. She is passionate about providing information to Seniors and their Adult Caregivers to help make the journey to finding the information and resources that they need easier for them. If you prefer, you can get all costs information by calling us at (866) 892-7533. This means that there will be one senior citizen for every 5 Americans. We and our partners use cookies to Store and/or access information on a device. Atria Merrywood is a senior apartment facility situated at 3600 Park Road, 28209 zip code. Beyond the high-rises of the central business district and lively entertainment venues, Charlottes landscape features a mix of picturesque homes, historic buildings, luxury apartments, and lush greenery. Summit Place Of Southpark is a 55 and over senior housing complex situated at 2101 Runnymede Lane in Mecklenburg county and offers senior living in Charlotte, North Carolina. Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Charlotte but actual income limits may differ for units at Honeycreek Senior Apartments. Low cost senior housing is usually a result of a collaboration between the government and qualified housing providers. Apartment rent in Commonwealth has increased by 9.1% in the past year. Seven key trends are shaping the need for affordable housing in Charlotte. Non-alphanumeric character is not allowed. The NASCAR Hall of Fame is a popular destination for race fans, The Carowinds Intimidator is one of the country's tallest steel roller coasters, The Duke Energy Center is one of the nation's tallest buildings. While there are numerous programs and millions of units on the market specifically for low income seniors, finding those units can be challenging. Thanks to its spread-out layout, Charlotte is more of a driving city than one that relies on public transportation. You can find senior living apartments available to rent in several Charlotte, NC neighborhoods, including South End , Uptown Charlotte , and South Park . Our INLIVIAN is your INLIVIAN Charlotte, NC Apartments up to $1500 Senior Choose Your Rental Cheap Senior Apartments in Charlotte, NC from $300 (6 Apartments for Rent) University Square +55 Senior Tax Credit 1715 Hedgelawn Dr Charlotte, NC 28262 from $1,034 1 to 2 Bedroom Apartments Contact Us For Availability Senior Living (980) 825-4134 check availability Unlike other subsidized housing programs, the voucher goes to the renter and not to the housing property owners. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Still, the city does offer options for those who need to get from their Charlotte apartment to work or to head Uptown to see the latest show at Ovens Auditorium or watch the Panthers play at Bank of America Stadium. The Terrace At Brightmore Of South Charlotte is a pet-friendly 55+ senior apartment facility located at 10225 Old Ardrey Kell Road, 28277 zip code in Mecklenburg county. Preston House offers North Carolina seniors looking for Mecklenburg County area apartments multiple housing options. You must save a search in order to receive alerts. New! . This increase is not surprising since Charlotte, North Carolina, has been consistently included in Forbes's best places for people over 55 to retire. Seniors looking for luxury retirement options in Charlotte, North Carolina will find Waltonwood Cotswold as an excellent option. Malls in the area include the upscale SouthPark Mall and the more affordable Carolina Place Mall in south Charlotte and the Northlake Mall in northwestern Charlotte. Elmcroft Of Little Avenue is a retirement living community in 28226 zip code area, situated at 7745 Little Avenue in the Mecklenburg county. Apartment rent in Charlotte has increased by 8.7% in the past year. Waltonwood At Providence is a 55 and over senior housing complex situated at 11945 Providence Road in Mecklenburg county and offers senior living in Charlotte, North Carolina. This means the unit is not subsidized by the government or restricted to certain income levels. Set a destination, transportation method, and your ideal commute time to see results. Copyright 2023 SeniorGuidance.org. The community owner has the choice of designating which units to set aside for seniors and which units to rent at full prices. While the elderly resident will only pay a small, pre-determined portion of the actual rent, the government will pay the remainder of the rent to the housing provider so that they receive full market value for rent each month. Some states define low income as having a total income less than 30 to 80 percent of the AMI. Because there is such a high demand for the spaces and so few search platforms available, locating and securing low income senior housing in Charlotte, NC can be a time consuming process. NEVER wire or send money using an app and only pay after you have verified they have a right to rent the unit! North Carolina also requires a household member to be either a US citizen or a naturalized alien resident. You are almost there. Phone: 704-503-4866. For example, housing programs that are offered only to senior tenants will have more stringent eligibility requirements. Keep The median gross income for households in Charlotte is $53,637 a year, or $4,470 a month. Kitchen 2-3 Beds, Shelton Knoll ApartmentsNO UNITS AT THIS TIME, $825 - 925 in the palm of your hand throughout your rental journey. New low-income housing complex opening in east Charlotte, rent starts at $500 per month, Charlotte-based company helps seniors pay housing costs, Low Income Apartments No Waiting List Tampa Fl, How To Calculate The Debt To Income Ratio, How Much Income Tax Will I Pay On $25 000, Qualifying for low income senior apartments in Charlotte, find affordable housing options in and around the Charlotte area, Indianapolis Zoo Discounts For Low Income. Preston House is a 55 plus senior living community located at 4910 Harris Woods Boulevard in the 28269 zip code. It lies within one mile of shopping, neighborhood services, Belmont Abbey Collage, churches and recreational facilities. For example, based on the available data, the AMI for Charlotte, NC, is $62,817.00. LIHTC Program eligibility is based on the size of the housing unit and the income bracket assigned to that particular unit so a single elderly tenant is likely to only be eligible for a one bedroom unit. The broader Renaissance redevelopment initiative hopes to make a greater impact beyond the physical footprint of the redevelopment site. Atria Merrywood provides a total of 20 55+ senior apartments. As part of the 28226 zip code area, it can provide senior living accommodations for North Carolina senior citizens who are searching for independent or assisted housing in Charlotte. Any calls to toll-free numbers found on SeniorGuidance.org will be answered by our partners providing senior living placement services who will try to match you with a senior living community. North Carolina also requires a household member to be either a US citizen or a naturalized alien resident. It has capacity of 120 senior apartments. Keyword search, separate by commas. While there are numerous programs and millions of units on the market specifically for low income seniors, finding those units can be challenging. Find out how. Qualifying for low income senior apartments in Charlotte will differ based on the housing program applied for. It is important to carefully evaluate a unit to ensure that it is a safe option for a senior that may have physical challenges. Your message (optional) SEND. 1.) Please provide your real phone number. A licensed insurance broker will call you soon to discuss how long-term care insurance can help you pay for senior living. You'll likely want a car when living in this area since it has few transit options. The down side of the housing voucher program is that it can take years to qualify for a voucher, leaving many seniors in a bind when an immediate need arises. If you prefer, you can get all costs information by calling us at (866) 892-7533. Apartments.com Of course, since affordability is relative, what is affordable to one senior in terms of rent may not be affordable to another. These housing complexes provide luxury assisted living apartments for the elderly North Carolina senior citizens and older adults who reside in the Charlotte area. Get involved in your new community and enjoy camaraderie at our resident socials. Fitness Center However, program applicants should understand that a community that accepts LIHTC residents is not necessarily exclusive to seniors. Claim a Provider Listing, Save your Favorite items, or Submit a new Provider Listing! Charlotte Square provides a total of 125 55+ senior apartments. This three-story building is located in the heart of Belmont, North Carolina, just southwest of Charlotte. The rent seniors have to pay is usually determined by the residents monthly adjusted income. 506 Avant Street Charlotte, NC 28204 Tel. Brookdale Carriage Club Providence I is a senior living community located at 5802 Old Providence Road in Mecklenburg County. Preston House contains 40 apartments for older adults in total. Cabs are also available, although this mode of transportation isn't the cheapest. Check rates, compare amenities and find your next rental on Apartments.com. Seniors that have limited incomes can also search for available options online through government websites such as HUD.gov. Legacy Heights Senior Living Community provides senior citizen apartments in Charlotte, NC. All Rights ReservedSITE MAP. Fortunately, the US Government has developed a few subsidized living programs that cater to the needs of the elderly for Charlotte low income senior housing options. Tagged as Charlottes got a lot by the community, this bustling urban oasis offers diversity, cultural experiences, and endless adventures. Inlivian - Our Inlivian is your Inlivian Search Properties Apply Here resident portal Supporting the community more every minute People Provided with Housing Families We helped achieve homeownership Properties We Own & Manage Scholarships Awarded to Inlivian students New Energy. In North Carolina, the definition of low income is when a household's total income is below 30% of the AMI of the state. Caring Management and Responsive Service Team. Kitchen This burden can seriously limit the amount that seniors can afford for rent payments. Pool Refrigerator However, income classifications are dependent on the AMI of each area. Housing costs have outpaced household income increases 2.) Range, Dog & Cat Friendly CHARLOTTE, N.C. (April 26, 2021) Charlotte City Council on Monday approved $25.8 million from the city's Housing Trust Fund . It has a maximum capacity of 82 senior living apartments. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. Overture Providence 55+ Active Adult Apart 6805 Walnut Branch Rd, Charlotte, NC 28277, Belvedere At Berewick- A 55+ Luxury Community, 6930 Prosperity Rd, Huntersville, NC 28078. Cindy is the author of many informational topics found on the Senioridy website and website's abroad. Mint Hill Senior Living is a retirement living community in 28227 zip code area, situated at 10830 Lawyers Glen Drive in the Mecklenburg county. Brighton Gardens Of Charlotte is a senior living community situated at 6000 Park South Drive, inside 28210 zip code in the Mecklenburg county. Instead, the unit's rent is based on the size of the unit and the income bracket the unit is associated with. For real estate developers, the influx of seniors moving into Charlotte means more housing needs to be to be made available. It has capacity of 60 senior citizens. There are plenty of parking spaces available at each of the light rails stations. Page 1 of 2. This program aims to give qualified housing developers incentives to build more affordable housing options for the increasing elderly population. Brookdale Charlotte East is a senior living community located at 6053 Wilora Lake Road in Mecklenburg County. . Website Designed & Developed by Moore Tech Solutions, Inc. Durham, North Carolina Fixed Income Senior Housing, Finding Affordable Senior Housing in Mobile, Alabama, Orlando, Florida Low Income Senior Apartments. If a unit is set aside for a household that lives in the very low income range, the rent will be set at a fixed amount for that income bracket according to income levels specific to Charlotte, NC and the resident applying must not exceed that brackets income level. Check availability now! *Please enter your address or point of interest. The average voucher holder contributes $300 towards rent in Charlotte. Sort:Default. Your Name (required) Your Email (required) Your Phone (required) Subject. In addition to our great floor plans and maintenance free living, our community has the amenities you want and deserve. For an instant quote today please visit epremiuminsurance.com or call 1-800-319-1390. Its full capacity is 104 apartments for the aged. Waltonwood Cotswold is a retirement living community in 28211 zip code area, situated at 5215 Randolph Road in the Mecklenburg county. Elderly tenants who want to qualify for a housing choice voucher should enroll with the area's Public Housing Authority. Email me listings and apartment related info. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Radbourne Manor Iii is a 55 plus senior living community located at 2920 Cindy Lane in the 28269 zip code. The tax credits are an incentive for developers to build new housing or acquire and rehabilitate existing housing units to help give housing options to low income households. Or sign in if you already have an account, 6023 Tindall Park Dr, Charlotte, NC 28210, 6805 Walnut Branch Rd, Charlotte, NC 28277, 1055 Hatchers Pond Ln, Morrisville, NC 27560, 6930 Prosperity Rd, Huntersville, NC 28078, 3504 Broadstone Village Dr, High Point, NC 27260, 2355 Copperstone Dr, High Point, NC 27265, 200 Brannigan Village Dr, Winston-Salem, NC 27127, 5910 Farrington Rd, Chapel Hill, NC 27517, 515 Springbrook Dr, Kernersville, NC 27284. Senior adults who live in an area with overlapping counties should call the housing authority of each county for information about low income senior housing within each specific county. It provides a total of 90 senior apartment units. One- and two-bedroom ground-level units private covered front entries and rear patios on busline and only minutes to shopping, restaurants, religious and medical facilities. You can expect to pay as little as $1,397 and as much as $1,819. If you prefer, you can get all costs information by calling us at (866) 892-7533. Its full capacity is 56 apartments for the aged. The AMI is calculated and published each year by HUD. Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. Thank you. Charlotte, NC 28208 Contact Us: tel 980-430-3565 fax 980-498-1996 Barringer Gardens Barringer Gardens is a three-story, HUD 202 apartment community specifically designed for older adults who are at least 62 years of age. HUD contributes the rental subsidies directly to qualified landlords to supplement the rental payments. How to Look for Senior Housing Options in Charlotte, NC, How Charlotte Seniors Can Pay for Low Income Senior Housing. There are 11 independent living communities to choose from in the Charlotte area. If you or a loved one is an aging adult that is searching for a low income place to live in Charlotte, read on through the following sections to find out more information: There has been a steady increase in the need for Charlotte low income senior living apartments within the city and surrounding suburbs. As a seniors medical needs rise and their capabilities diminish, seniors tend to move into more populated areas that have better supporting services and medical providers. 1-5 Beds, $1,060 Hello! Uptown is surrounded by a top-notch selection of local breweries, from Sugar Creek Brewing Company to the Olde Mecklenburg Brewery. Its full capacity is 52 apartments for the aged. Looking for senior housing can really be a challenge, especially if you are on a tight budget. Website (877) 480-7873. Low-income apartments are federally funded through housing programs that include vouchers and public housing. Therefore, a senior resident who is looking for a Charlotte subsidized senior housing unit can probably find one under the LIHTC program. Queen City Assisted Living is a 55 and older apartments community situated at 1700 Montana Drive, 28216 zip code inside Mecklenburg County. For seniors that can afford to pay a premium for a place to live, there are all kinds of resources and referral agents that will do the searching for them. However, program applicants should understand that a community that accepts LIHTC residents is not necessarily exclusive to seniors. 2002-2023 ApartmentSmart.com, Inc.Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs. Legacy Heights Senior Living Community is a pet-friendly 55+ senior apartment facility located at 11230 Ballantyne Trace Court, 28277 zip code in Mecklenburg county.