$400+ Rent Increase; Raleigh affordable housing residents say they're blindsided by rent increases

Описание: Residents of the Grosvenor Gardens Apartments said they're blindsided by a rent hike of hundreds of dollars per month. Affordable housing is becoming less affordable for some people in Raleigh even with efforts to keep costs down.
Residents of the Grosvenor Gardens Apartments said they’re blindsided by a rent hike of hundreds of dollars per month. Resident Andi Drew said she can afford $800 per month and the apartment is close to her job. She received a letter in the mail saying her rent would increase to $1,100 starting July 1.

“Some people it’s [a] 30% [increase],” Drew said. “For me, it’s almost a 50% increase in a month. And, by any measure, that’s not affordable for anyone.”

Drew's latest increase comes after her monthly rent went from $750 to $800 in February. She said she felt even more secure when she heard the city of Raleigh and Raleigh-based nonprofit CASA were buying the building to preserve the apartments as affordable housing.

“I was like, ‘Wow, the city of Raleigh cares about people and affordable housing and I’m safe for now,’ and I really trusted in that,” she said.

Data from the U.S. Department of Housing and Urban Development shows the fair-market rent in 2023 for a studio in Raleigh is $1,213. It’s an increase from $1,038 in 2022.

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