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Rent averages in Charlotte, NC vary based on size. If you prefer, you can get all costs information by calling us at (866) 892-7533. Charlotte is a major economic hub that houses numerous corporate headquarters, including nine Fortune 500 companies. So, if fair market value for a rental unit would be $900, the senior only pays a small portion of that rent while the federal government pays the property owner the rest. View affordable apartments and waiting lists in cities near Charlotte, Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Click on a property to see photos, floor plans, community activities, services, and more. Households must earn either less than 50% or 60% of the area median income to qualify for these units. By submitting this form, you agree to SeniorGuidance.org's Terms of Use, Privacy Policy and agreement to be contacted by us, or our partner providers, using a system that can auto-dial. If you prefer, you can get all information about this facility by calling us at (866) 892-7533. Mint Hill Senior Living is a retirement living community in 28227 zip code area, situated at 10830 Lawyers Glen Drive in the Mecklenburg county. Walk-In Closets, $995 - 1,145 This increase is not surprising since Charlotte, North Carolina, has been consistently included in Forbes's best places for people over 55 to retire. Phone #: (877) 666-3231 You might be able to find places to ride your bike in this area, but youll most likely want your car for most errands. Find out how. 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. 1-4 Beds, $1,050 - 1,372 Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. Your golden years should be a time for enjoying life, not for worrying about where youre going to live. Some senior living communities also offer assistance and medical care. Charlotte offers easy access to major interstates, a public transit line, and proximity to the Charlotte Douglas International Airport. Affordable Housing programs support 5 apartment communities in Huntersville. You seem to have mistyped your email address extension. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. Then, the property owner turns the voucher in to be reimbursed for the rest of the rent. It has capacity of 49 senior citizens. This bracketing system means that a household that falls within a higher income bracket can choose only units they qualify for or choose to pay the fair market rental value for a unit that is in a lower bracket. Good News! 1-2 Beds, $660 - 730 Whether youre looking for low-key independent living apartments to vibrant 55+ retirement communities, theres something for everyone here. The main purpose of low cost senior housing is to allow the elderly to have enough money left to pay for other monthly expenses such as medication, grocery and other things like durable medical equipment. You are almost there. Enjoy the comfort and convenience of a new home at Honeycreek. Charlotte features 7,402 income based apartments. Its full capacity is 52 apartments for the aged. You can expect to pay as little as $1,397 and as much as $1,819. This means that there will be one senior citizen for every 5 Americans. Is There Low Cost Senior Housing in Charlotte? 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 Parc At Sharon Amity is a 55 plus senior living community located at 4025 N. Sharon Amity Drive in the 28205 zip code. The eligibility income to qualify for a voucher must be below $31,408.50 per year, which means that any person or household with a total combined income that exceeds this amount will not be qualified. While about two-thirds of the seniors own homes, nearly 21 million seniors rent. 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. These housing complexes provide luxury assisted living apartments for the elderly North Carolina senior citizens and older adults who reside in the Charlotte area. Section 202, also known as the Affordable Senior Housing Program, expands HUD's Section 8 program with the additional provisions of supportive services for the elderly. You May Like: Low Income Apartments Memphis Tn. However, it is still the choice of the voucher recipient to accept or reject a PHA-certified rental property. Charlotte offers easy access to major interstates, a public transit line, and proximity to the Charlotte Douglas International Airport. You'll likely want a car when living in this area since it has few transit options. However, program applicants should understand that a community that accepts LIHTC residents is not necessarily exclusive to seniors. 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. We and our partners use cookies to Store and/or access information on a device. An example of data being processed may be a unique identifier stored in a cookie. Tenants that are found to be ineligible for Section 202 program can reapply after three years. Brighton Gardens Of Charlotte offers multiple apartment options for the elderly in Charlotte, NC, including studio and 1 bedroom. It lies within one mile of shopping, neighborhood services, Belmont Abbey Collage, churches and recreational facilities. If you prefer, you can get all costs information by calling us at (866) 892-7533. Of course, since affordability is relative, what is affordable to one senior in terms of rent may not be affordable to another. 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. Atria Merrywood provides a total of 20 55+ senior apartments. 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. Uptown is surrounded by a top-notch selection of local breweries, from Sugar Creek Brewing Company to the Olde Mecklenburg Brewery. Brookdale Carriage Club Providence Ii offers multiple apartment options for the elderly in Charlotte, NC, including studio and 1 bedroom. Seniors that have more flexibility in location can search for living options available in other cities that are nearby. This burden can seriously limit the amount that seniors can afford for rent payments. Please correct it. Fortunately, the Senioridy.com platform offers seniors that have low or fixed incomes a good place to search for and find low income senior housing options. For example, based on the available data, the AMI for Charlotte, NC, is $62,817.00. Floor plans starting at $1850. Charlotte, North Carolina Call For Rent 1-3 BR Affordable View Apartment Poplar Grove Apartments (Formerly Booth Gardens) 421 N Poplar St Charlotte, North Carolina Income Based Studio-1 BR Rent Assisted 62+ View Apartment Fairmarket Plaza Apartments 6427 Plaza Rd Charlotte, North Carolina Call For Rent 1 BR Rent Assisted 62+ View Apartment Phone: 704-503-4866. Subsidized Apartments HUD helps apartment owners offer reduced rents to low-income tenants. For example, based on the available data, the AMI for Charlotte, NC, is $62,817.00. 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 offers Mecklenburg County residents looking for senior living near Charlotte, North Carolina multiple senior housing options. The Laurels In Highland Creek is a senior apartment facility situated at 6101 Clarke Creek Parkway, 28269 zip code. Carmel Hills is a senior living community situated at 2801 Carmel Road, inside 28226 zip code in the Mecklenburg county. Since this property has received funding in part through the Low Income Housing Tax Credit program, a certain number of units are set aside for lower income households. For example, housing programs that are offered only to senior tenants will have more stringent eligibility requirements. Applicants must be 62 years and older and must be classified as having a low income. Senior living apartments are usually age-restricted communities that offer senior-friendly amenities and features. Locals frequent Uptown Charlotte for its local attractions, nightlife spots, and abundant shopping. As a result, Charlotte is a great city to live in for seniors because of more affordable medical costs and easy access to senior health care facilities. All Rights ReservedSITE MAP. Check availability now! You are almost there. Continue with Recommended Cookies. 506 Avant Street Charlotte, NC 28204 Tel. However, program applicants should understand that a community that accepts LIHTC residents is not necessarily exclusive to seniors. Sourced from federal housing data and AffordableHousingOnline.com research. 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. Some states define low income as having a total income (based on a four-person household) less than 30 to 80 percent of the AMI. Let Apartments.com help you find the perfect senior housing apartment in North Carolina. 4305 Sweethoney Cir, Charlotte , North Carolina 28227. Thanks to its spread-out layout, Charlotte is more of a driving city than one that relies on public transportation. Regency At Pineville is a senior living community located at 9120 Willow Ridge Drive in Mecklenburg County. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. If you prefer, you can get all costs information by calling us at (866) 892-7533. Elderly tenants who want to qualify for a housing choice voucher should enroll with the areas Public Housing Authority. Get involved in your new community and enjoy camaraderie at our resident socials. Manage Settings There are 11 independent living communities to choose from in the Charlotte area. This rental is accepting applications through Apartments.com. Instead, the rent for a LIHTC unit is based on the number of bedrooms and the income bracket designated to the unit. The American population is getting older and many of those aging baby boomers are on looking for a place to live in the Charlotte, North Carolina area. Dog & Cat Friendly Verify the identity of a landlord BEFORE you complete an application to protect against identify theft. Seize the opportunity to experience redefined senior living at Avion Point Senior Apartments. Your consent is not required to use the service. Tagged as Charlottes got a lot by the community, this bustling urban oasis offers diversity, cultural experiences, and endless adventures. If you have to get to and from the more outlying areas of the city, you might have a harder time finding public transportation. 2-3 Beds, Shelton Knoll ApartmentsNO UNITS AT THIS TIME, $825 - 925 Cabs are also available, although this mode of transportation isn't the cheapest. Apartment rent in Charlotte has decreased by -5.4% in the past year. 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. Check rates, compare amenities and find your next rental on Apartments.com. Radbourne Manor Iii contains 12 apartments for older adults in total. For example, the area mean income of Charlotte, North Carolina in 2019 was $62,817.00. New! Fair Market Rents can be used to better understand the average housing costs of an area. The Crossings At Steele Creek is a 55 and older apartments community situated at 13600 S. Tryon Street, 28278 zip code inside Mecklenburg County. Whether youre looking for low-key independent living apartments to vibrant 55+ retirement communities, theres something for everyone here. Apply to multiple properties within minutes. Protect yourself from scams! Same Mission. If a unit is assigned to the 50% bracket, a senior applying for the unit cant make more than 50% of Charlottes median income. Many options are available for seniors to help with their housing payments from government programs that have been created specifically for senior residents. Sharon Towers. Thank you. As of March 2023, the average apartment rent in Charlotte, NC is $1,469 for a studio, $1,436 for one bedroom, $1,681 for two bedrooms, and $1,982 for three bedrooms. Therefore, for seniors to be eligible for Section 202, the household's total income must be less than $18,845.10 per year. Therefore, seniors that choose a LIHTC program should expect to live in a community with a mixed age group. Property owners in Charlotte who wish to join the housing voucher program should have properties that meet the public housing authority's health and safety standards.