Low Income Apartments and Affordable Housing For Rent in Fair Haven, VT

Discover affordable housing in Fair Haven where there are 3+ 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.

Appletree Apartments

1-30 Appletree Ln., Fair Haven, Vermont 5743

bed 1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

The Owen House

3 Union St, Fair Haven, Vermont 05743

accessibility Accessible

Adams House ( Carriage and Main House )

5 S Park Pl, Fair Haven, Vermont 05743

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

How To Identify Affordable Housing in Fair Haven, Vermont

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Apr 1
Open Until Further Notice
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Reported On September 29th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fair Haven, Vermont
$23.18/hour
$9.51 (+70%) more than Vermont minimum wage and $15.93 (+220%) more than the Federal minimum wage.
Learn More About Fair Haven, Vermont Affordable Housing ↓

What HUD offices serve Fair Haven, 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 Fair Haven, Vermont.

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

How many renters live in Fair Haven, Vermont?

The City of Fair Haven has people living in households.

There are renters living in renter households in this City. Renters make up 16.27 percent of the population living in Fair Haven.

What is the rental market like in Fair Haven, Vermont?

There are an estimated housing units in the Fair Haven area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Fair Haven, Vermont, there are 1.05 rental units.

What is the vacancy rate for rentals in Fair Haven?

The rental vacancy rate in Fair Haven 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 Fair Haven for each bedroom size?

Occupied Rental Units by Size in Fair Haven
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 79 73 44 3
Occupied Rental Units by Size in Fair Haven

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

How Much Is Rent in Fair Haven

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $991 to $2,004. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $991
One BR $997
Two BR $1,224
Three BR $1,561
Four BR $2,004
2024 Fair Market Rents in Fair Haven, Vermont

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

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
One BR 65 82 percent
Two BR 58 79 percent
Rental Units Below FMR in Fair Haven, Vermont

How many affordable rental units are in Fair Haven?

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

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

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

Income Based Apartments in Fair Haven, Vermont

Fair Haven features 48 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 Fair Haven, Vermont

There are 13 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fair Haven.

Housing Choice Vouchers in Fair Haven, Vermont

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Fair Haven, Vermont for a two-bedroom apartment is between $1,102 and $1,346.

Sourced from federal housing data and AffordableHousingOnline.com research.

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