Low Income Apartments and Affordable Housing For Rent in Courtland, VA

Discover affordable housing in Courtland where there are 2+ 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.

Stevens Woods II and III

25090 Oak Trail Rd, Courtland, Virginia 23837

New Stevens Woods

25131 Oak Trail Rd, Courtland, Virginia 23837

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Courtland, Virginia
$19.94/hour
$7.94 (+66%) more than Virginia minimum wage and $12.69 (+175%) more than the Federal minimum wage.
Learn More About Courtland, Virginia Affordable Housing ↓

How many renters live in Courtland, Virginia?

The City of Courtland has 1,642 people living in 471 households.

There are 790 renters living in 239 renter households in this City. Renters make up 48.11 percent of the population living in Courtland.

What is the rental market like in Courtland, Virginia?

There are an estimated 515 housing units in the Courtland area. Of these, 252 units are rental homes, making up 49 percent of the housing market. For every renter household in Courtland, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Courtland?

The rental vacancy rate in Courtland is 5 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 Courtland for each bedroom size?

Occupied Rental Units by Size in Courtland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 20 113 97 0
Occupied Rental Units by Size in Courtland

A large number of apartments in Courtland 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 Courtland are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 21 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 Courtland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $908 to $1,787. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $908
One BR $910
Two BR $1,053
Three BR $1,339
Four BR $1,787
2024 Fair Market Rents in Courtland, Virginia

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

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 9 100 percent
One BR 20 100 percent
Two BR 106 94 percent
Rental Units Below FMR in Courtland, Virginia

How many affordable rental units are in Courtland?

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

Federal Program Unit Count
Low Income Housing Tax Credit 120
USDA Section 515 Rural Rental Housing 36
Tracked Units by Federal Program in Courtland, Virginia

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

Income Based Apartments in Courtland, Virginia

Courtland features 120 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 Courtland, Virginia

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Courtland.

Housing Choice Vouchers in Courtland, Virginia

On average, Section 8 Housing Choice vouchers pay Courtland landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Courtland.

The maximum amount a voucher would pay on behalf of a low-income tenant in Courtland, Virginia for a two-bedroom apartment is between $948 and $1,158.

Sourced from federal housing data and AffordableHousingOnline.com research.