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Affordable apartments in Louisburg, North Carolina

30 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

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Buildings

GREEN HILL MANOR I

Section 8
360 BURNETTE RD, Louisburg, NC, 27549
Income-restricted units
72 of 72
Year placed in service
Not reported

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

GREEN HILL MANOR I

Section 202
360 BURNETTE RD, Louisburg, NC, 27549
Income-restricted units
72 of 72
Year placed in service
Not reported

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

Franklin Court Apartments

Section 8
310 SECOND STREET, Louisburg, NC, 27549
Income-restricted units
50 of 50
Year placed in service
Not reported

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

MCKENZIE PARK APTS

LIHTC
100 W RIVER RD, LOUISBURG, NC, 27549
Income-restricted units
40 of 40
Year placed in service
1991
Bedroom mix
10 1BR · 28 2BR · 2 3BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

RIDLEY ST M

LIHTC
441 RIDLEY ST, LOUISBURG, NC, 27549
Income-restricted units
16 of 16
Year placed in service
1991
Bedroom mix
14 2BR · 2 3BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

RIDLEY ST-E

LIHTC
421 RIDLEY ST, LOUISBURG, NC, 27549
Income-restricted units
4 of 4
Year placed in service
1990
Bedroom mix
4 2BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

RIDLEY ST-B

LIHTC
408 RIDLEY ST, LOUISBURG, NC, 27549
Income-restricted units
4 of 4
Year placed in service
1989
Bedroom mix
4 2BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

RIDLEY ST-C

LIHTC
433 RIDLEY ST, LOUISBURG, NC, 27549
Income-restricted units
4 of 4
Year placed in service
1989
Bedroom mix
4 2BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

RIDLEY ST-D

LIHTC
416 RIDLEY ST, LOUISBURG, NC, 27549
Income-restricted units
4 of 4
Year placed in service
1990
Bedroom mix
4 2BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

RIDLEY ST-F

LIHTC
413 RIDLEY ST, LOUISBURG, NC, 27549
Income-restricted units
4 of 4
Year placed in service
1990
Bedroom mix
4 2BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

DENT LANE C

LIHTC
108 110 DENT LANE, LOUISBURG, NC, 27549
Income-restricted units
2 of 2
Year placed in service
1995
Bedroom mix
2 2BR

Estimated total housing cost: $1,350 rent + $148 utilities = $1,498/mo

Contact property management for current availability. Waitlists may apply.

Showing 12 of 30. Open any pin on the map below for the rest.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in North Carolina

Residential electricity in North Carolina runs about 14.30¢/kWh, with a typical monthly residential electric bill near $148. Natural gas runs about $24.75/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for 27549

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$1,170n/a
1 bedroom$1,190n/a
2 bedroom$1,350$1,502
3 bedroom$1,660n/a
4 bedroom$2,200n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.

HUD income limits : Franklin County, NC

Raleigh-Cary, NC. FY2025. Area median income: $132,700.

Household size30% AMI50% AMI80% AMI
1 person$27,900$46,450$72,950
2 people$31,850$53,100$83,400
3 people$35,850$59,750$93,800
4 people$39,800$66,350$104,200
5 people$43,000$71,700$112,550
6 people$46,200$77,000$120,900
7 people$49,400$82,300$129,250
8 people$54,150$87,600$137,550

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby North Carolina cities

See all affordable-rental cities in North Carolina

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Louisburg cost-of-living and Fair Market Rent overview