Low Income Apartments and Affordable Housing For Rent in Winooski, VT

Discover affordable housing in Winooski where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Casavant Overlook Apartments

268 East Allen Street, Winooski, Vermont 05404

Allen Canal Apartments

West Allen St, Winooski, Vermont 05404

Keen's Crossing

65 Winooski Falls Way , Winooski, Vermont 05404

The Courtyard

120 E Spring St, Winooski, Vermont 05404

Barlow Square Condos Keens Crossing Central Block

15 Cascade Way, Winooski, Vermont 05404

Elm Franklin Apartments

83 Barlow St, Winooski, Vermont 05404

Allen Canal Apartments

43 W Allen St, Winooski, Vermont 05404

Genest Bldg

26 Main St, Winooski, Vermont 05404

calendar_today Opened: Sep 14
Open Until Further Notice

Reported On February 23rd, 2024 by Madison Shannahan

calendar_today Opens: Apr 1

Reported On March 19th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Winooski, Vermont
$35.74/hour
$22.07 (+161%) more than Vermont minimum wage and $28.49 (+393%) more than the Federal minimum wage.
Learn More About Winooski, Vermont Affordable Housing ↓

What HUD offices serve Winooski, Vermont?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Winooski, Vermont.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Winooski, Vermont.

Go to the Vermont Public Housing and Low-Income Apartments Waiting Lists page for openings near Winooski.

How many renters live in Winooski, Vermont?

The City of Winooski has 8,122 people living in 3,688 households.

There are 4,997 renters living in 2,370 renter households in this City. Renters make up 61.52 percent of the population living in Winooski.

What is the rental market like in Winooski, Vermont?

There are an estimated 3,821 housing units in the Winooski area. Of these, 2,370 units are rental homes, making up 62 percent of the housing market. For every renter household in Winooski, Vermont, there are 1 rental units.

What is the vacancy rate for rentals in Winooski?

The rental vacancy rate in Winooski is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Winooski for each bedroom size?

Occupied Rental Units by Size in Winooski
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
256 1,014 733 230 118
Occupied Rental Units by Size in Winooski

A large number of apartments in Winooski have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Winooski are overburdened by housing costs?

Among renter households in this market, 46 percent have housing cost burden. Further, 16 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Winooski

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,341 to $2,513. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,341
One BR $1,441
Two BR $1,887
Three BR $2,390
Four BR $2,513
2024 Fair Market Rents in Winooski, Vermont

How many units are rented at Fair Market Rent (FMR) in Winooski?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 213 83 percent
One BR 649 64 percent
Two BR 154 21 percent
Rental Units Below FMR in Winooski, Vermont

How many affordable rental units are in Winooski?

There are a variety of federal affordable housing programs serving households in Winooski, Vermont including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 179
Section 8 Project-Based Rental Assistance 102
Mod Rehab Project-Based Rental Assistance 15
Tracked Units by Federal Program in Winooski, Vermont

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Winooski, Vermont

Winooski features 356 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Winooski, Vermont

There are 279 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Winooski.

Housing Choice Vouchers in Winooski, Vermont

On average, Section 8 Housing Choice vouchers pay Winooski landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Winooski.

The maximum amount a voucher would pay on behalf of a low-income tenant in Winooski, Vermont for a two-bedroom apartment is between $1,698 and $2,076.

Sourced from federal housing data and AffordableHousingOnline.com research.