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Affordable Housing In Franklin County
Vermont

45 Low Income Apartment Communities In Franklin County

Swanton Meadows

15 Meadow Ln
Swanton, Vermont
Call For Rent
2-3 BR
Subsidized
Family & Senior

Willard Mill

25 Stowell St
Saint Albans, Vermont
$884-1,196
1-3 BR

Swanton Meadows SM

Meadow Lane-Office
Swanton, Vermont
Call For Rent
1-3 BR

Missisquoi Manor

70 Liberty St
Richford, Vermont
Subsidized

Lake Street Apartments

251 Lake St
Saint Albans, Vermont
Subsidized

Abenaki Acres

1 Abenaki Acres
Swanton, Vermont
Subsidized

Village Apartments

39 Platt St
Swanton, Vermont
Subsidized

Lower Welden

100 Lower Welden St
Saint Albans, Vermont
Subsidized

Mountain View Apartments

11 Mountain View St
Fairfax, Vermont
Subsidized

Beth - El Court

153 Federal St
Saint Albans, Vermont
Subsidized

Housing Authorities that serve Franklin County

Housing Authority Programs
Vermont State Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Franklin County, Vermont

There are 45 low income housing apartment communities offering 987 affordable apartments for rent in Franklin County, Vermont.

Income Based Apartments in Franklin County, Vermont

Franklin County features 320 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 Franklin County, Vermont

There are 657 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Franklin County.

Housing Choice Vouchers in Franklin County, Vermont

On average, Section 8 Housing Choice vouchers pay Franklin County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Franklin County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Franklin County, Vermont for a two-bedroom apartment is between $1,465 and $1,791.

2021 Franklin County, Vermont Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Franklin County, Vermont Fair Market Rent $1,091 $1,265 $1,628 $2,025 $2,208
Franklin County, Vermont Payment Standard Range $982 to $1,200 $1,139 to $1,392 $1,465 to $1,791 $1,823 to $2,228 $1,987 to $2,429

Sourced from federal housing data and AffordableHousingOnline.com research.

Franklin County, VT Affordable Housing Snapshot

Total Affordable Apartment Properties 45
Total Low Income Apartments 987
Total Housing Units with Rental Assistance 320
Percentage of Housing Units Occupied By Renters 25.84%
Average Renter Household Size 2.36
Average Household Size 2.57
Median Household Income $58,199 ±$2,034
Median Rent $870 ±$27
Percentage Of Renters Overburdened 45.88% ± 4.9pp
Total Population 48,418

Population and Household Demographics

Franklin County is a county in Vermont with a population of 48,418. There are 18,685 households in the county with an average household size of 2.57 persons. 25.84% of households in Franklin County are renters.

Income and Rent Overburden in Franklin County

The median gross income for households in Franklin County is $58,199 a year, or $4,850 a month. The median rent for the county is $870 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Franklin County, a household making less than $2,900 a month would be considered overburdened when renting an apartment at or above the median rent. 45.88% of households who rent are overburdened in Franklin County.

Area Median Income In Franklin County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Franklin County, HUD calculates the Area Median Income for a family of four as $95,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Franklin County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Franklin County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Franklin County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,150 $23,000 $25,900 $28,750 $31,050 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Franklin County AMI may qualify for rental assistance programs that target Very Low Income households.
$33,600 $38,400 $43,200 $47,950 $51,800 $55,650 $59,500 $63,300
80% AMI Income Limits
Renters earning up to 80% of the Franklin County AMI may qualify for rental assistance programs that target Low Income households.
$53,700 $61,400 $69,050 $76,700 $82,850 $89,000 $95,150 $101,250

Cities In Franklin County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Bakersfield The HUD funded Public Housing Agency that serves Bakersfield is the Vermont State Housing Authority.
Berkshire The HUD funded Public Housing Agency that serves Berkshire is the Vermont State Housing Authority.
Enosburg The HUD funded Public Housing Agency that serves Enosburg is the Vermont State Housing Authority.
Enosburg Falls The HUD funded Public Housing Agency that serves Enosburg Falls is the Vermont State Housing Authority.
Fairfax The HUD funded Public Housing Agency that serves Fairfax is the Vermont State Housing Authority.
Fairfield The HUD funded Public Housing Agency that serves Fairfield is the Vermont State Housing Authority.
Fletcher The HUD funded Public Housing Agency that serves Fletcher is the Vermont State Housing Authority.
Franklin The HUD funded Public Housing Agency that serves Franklin is the Vermont State Housing Authority.
Georgia The HUD funded Public Housing Agency that serves Georgia is the Vermont State Housing Authority.
Highgate The HUD funded Public Housing Agency that serves Highgate is the Vermont State Housing Authority.
Montgomery The HUD funded Public Housing Agency that serves Montgomery is the Vermont State Housing Authority.
Richford The HUD funded Public Housing Agency that serves Richford is the Vermont State Housing Authority.
Saint Albans The HUD funded Public Housing Agency that serves Saint Albans is the Vermont State Housing Authority.
Sheldon The HUD funded Public Housing Agency that serves Sheldon is the Vermont State Housing Authority.
St Albans The HUD funded Public Housing Agency that serves St Albans is the Vermont State Housing Authority.
St. Albans The HUD funded Public Housing Agency that serves St. Albans is the Vermont State Housing Authority.
Swanton The HUD funded Public Housing Agency that serves Swanton is the Vermont State Housing Authority.