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Affordable Housing: The need is great & all around us

  • July 15, 2018

Consider these numbers: Here in Wake County 44% of renters (56,066 households), have difficulty affording their homes; 49,000 low-income households spend between 30% and 50% of their income on housing, and are considered housing cost-burdened; A two-bedroom apartment in Apex averages $1,158 a month, but the average renter can only afford $817 a month; In 2015, Wake County had an unmet housing need of ~56,000 affordable units; In 2016, 15,668 Wake County families faced eviction. The issue of affordable housing (also…

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