Builders Patch | HousingCount Craven County affordable housing data.
Craven County
Summary
34.8%
share of renter households
44.6%
share of low-income households
40.9%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Type | Households | % share |
|---|---|---|
| Renter households | 14,065 | 34.8% |
| Homeowner households | 26,355 | 65.2% |
| Total households | 40,420 | 100.0% |
Low-income renter households
| Income Group | Households | % share |
|---|---|---|
| Extremely low-income (≤30% AMI) | 2,232 | 15.9% |
| Very low-income (31-50% AMI) | 1,101 | 7.8% |
| Low-income (51-80% AMI) | 2,935 | 20.9% |
| All low-income households (<80% AMI) | 6,268 | 44.6% |
Rent-burdened households
| Burden Level | Households | % share |
|---|---|---|
| Moderately rent-burdened | 2,865 | 20.4% |
| 30.0–34.9% | 1,143 | 8.1% |
| 35.0–39.9% | 872 | 6.2% |
| 40.0-49.9% | 850 | 6.0% |
| Severely rent-burdened | 2,892 | 20.6% |
| ≥50.0% | 2,892 | 20.6% |
| All rent-burdened households | 5,757 | 40.9% |
Affordable housing shortage
Rent vs median household income
Median household income
Amount ($)
- in 2010: 29,302
- in 2021: 36,110
- Increase (2010–2021): 23.2%
Median rent
Amount ($)
- in 2010: 617
- in 2021: 750
- Increase (2010–2021): 21.6%
Affordable housing stock
| Type | Units |
|---|---|
| Supply (current stock) | 1,869 |
| Demand (total units needed) | 3,067 |
| Shortage | 1,693 |
| % shortage | 60.9% |
| supply/demand ratio |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Number of units | Income ceiling | LIHTC allocation |
|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | 154 | 60% AMI | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | 99 | 60% AMI | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | 200 | 60% AMI | $504,385 |
| HUNTINGTON RESERVE | N/A | 2006 | N/A | 168 | 60% AMI | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | 61 | 60% AMI | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | 65 | 60% AMI | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | 88 | 60% AMI | $1,510,000 |
| ... | ... | ... | ... | ... | ... | ... |
Builders Patch blog
Read our blog & report summaries on affordable housing & tech
Kittle Property Group selects Builders Patch's AI platform to streamline affordable housing development and operations
November 17, 2025
.png)
Bridging innovation and community: reflections from the 2025 Montana Housing Partnership Conference
May 29, 2025
New York City C-PACE Financing: PACE Funding Now Available for New Construction
August 30, 2024