Low Income Apartments and Affordable Housing For Rent in Enosburg Falls, VT

Discover affordable housing in Enosburg Falls where there are 5+ 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.

River Bend Apartments

324 School St, Enosburg Falls, Vermont 05450

Pleasant Street Housing Lp

30 Kenneson Dr, Enosburg Falls, Vermont 05450

Falls Housing

371 Main St, Enosburg Falls, Vermont 0

Mark T St Pierre Amanda St Pierre

3469 Watertower Road, Enosburg Falls, Vermont

Enosburg Housing Project

321 Howrigan Rd, Enosburg Falls, Vermont 05450

calendar_today Opened: Apr 1
Open Until Further Notice

Reported On April 1st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Enosburg Falls, 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 Enosburg Falls, Vermont Affordable Housing ↓

What HUD offices serve Enosburg Falls, 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) programs for Enosburg Falls, Vermont.

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

How many renters live in Enosburg Falls, Vermont?

The City of Enosburg Falls has 1,554 people living in 565 households.

There are 361 renters living in 172 renter households in this City. Renters make up 23.23 percent of the population living in Enosburg Falls.

What is the rental market like in Enosburg Falls, Vermont?

There are an estimated 737 housing units in the Enosburg Falls area. Of these, 198 units are rental homes, making up 27 percent of the housing market. For every renter household in Enosburg Falls, Vermont, there are 1 rental units.

What is the vacancy rate for rentals in Enosburg Falls?

The rental vacancy rate in Enosburg Falls is 13 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Enosburg Falls for each bedroom size?

Occupied Rental Units by Size in Enosburg Falls
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
34 52 50 8 28
Occupied Rental Units by Size in Enosburg Falls

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

Among renter households in this market, 59 percent have housing cost burden. Further, 46 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 Enosburg Falls

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 Enosburg Falls, Vermont

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

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 32 94 percent
One BR 51 98 percent
Two BR 46 92 percent
Rental Units Below FMR in Enosburg Falls, Vermont

How many affordable rental units are in Enosburg Falls?

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

Federal Program Unit Count
Low Income Housing Tax Credit 54
Section 8 Project-Based Rental Assistance 12
USDA Section 515 Rural Rental Housing 54
Tracked Units by Federal Program in Enosburg Falls, Vermont

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

Income Based Apartments in Enosburg Falls, Vermont

Enosburg Falls features 54 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 Enosburg Falls, Vermont

There are 47 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Enosburg Falls.

Housing Choice Vouchers in Enosburg Falls, Vermont

On average, Section 8 Housing Choice vouchers pay Enosburg Falls landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Enosburg Falls.

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

Sourced from federal housing data and AffordableHousingOnline.com research.