Low Income Apartments and Affordable Housing For Rent in Franklin County, VT

Discover affordable housing in Franklin County where there are 48+ 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.

Swanton Meadows

15 Meadow Ln, Swanton, Vermont 05488

River Bend Apartments

324 School St, Enosburg Falls, Vermont 05450

Missisquoi Manor

70 Liberty St, Richford, Vermont 05476

Abenaki Acres

1 Abenaki Acres, Swanton, Vermont 5488

Congress Street Apartments

20 Congress St., St Albans, Vermont 05478

Village Apartments

39 Platt St, Swanton, Vermont 05488

Richford Community Housing

24 River St, Richford, Vermont 05476

Village Green

8 Church St, Swanton, Vermont 05488

Mountain View Apartments

11 Mountain View St, Fairfax, Vermont 05454

Lower Welden

100 Lower Welden St, Saint Albans, Vermont 05478

Lake Street Apartments

251 Lake St, Saint Albans, Vermont 05478

Lake Street Apartments

7 Lake St, Saint Albans, Vermont 05478

Beth - El Court

153 Federal St, Saint Albans, Vermont 05478

Willard Mill

25 Stowell St, Saint Albans, Vermont 05478

Four Winds

145 N Elm St, Saint Albans, Vermont 05478

Welden Villia Apartmnets

59 UPPER WELDEN ST, St Albans, Vermont 05478

Hawks Nest Senior Housing

110 Hawks Nest, Saint Albans, Vermont 05478

Franklin Carriage House

142 Homestead Dr, Franklin, Vermont 05457

Swanton School

21 Church St, Swanton, Vermont 05488

Franklin Homestead

111 Homestead Dr, Franklin, Vermont 05457

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 Franklin County, 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 Franklin County, Vermont Affordable Housing ↓

What HUD offices serve Franklin County, 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 Franklin County, Vermont.

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

How many renters live in Franklin County, Vermont?

The County of Franklin County has 50,101 people living in 19,233 households.

There are 9,518 renters living in 4,268 renter households in this County. Renters make up 19 percent of the population living in Franklin County.

What is the rental market like in Franklin County, Vermont?

There are an estimated 22,714 housing units in the Franklin County area. Of these, 4,604 units are rental homes, making up 20 percent of the housing market. For every renter household in Franklin County, Vermont, there are 1 rental units.

What is the vacancy rate for rentals in Franklin County?

The rental vacancy rate in Franklin County is 7 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 Franklin County for each bedroom size?

Occupied Rental Units by Size in Franklin County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
300 1,011 1,690 906 312
Occupied Rental Units by Size in Franklin County

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

Among renter households in this market, 47 percent have housing cost burden. Further, 23 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 Franklin County

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 Franklin County, Vermont

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

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 194 65 percent
One BR 874 86 percent
Two BR 1,328 79 percent
Rental Units Below FMR in Franklin County, Vermont

How many affordable rental units are in Franklin County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 549
Section 8 Project-Based Rental Assistance 235
Section 811 Supportive Housing for Persons with Disabilities 6
USDA Section 515 Rural Rental Housing 217
USDA Section 514 Farm Labor Housing 9
Tracked Units by Federal Program in Franklin County, Vermont

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

Income Based Apartments in Franklin County, Vermont

Franklin County features 486 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 426 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 $1,698 and $2,076.

Sourced from federal housing data and AffordableHousingOnline.com research.