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

Discover affordable housing in Lamoille County where there are 14+ 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.

St Johns Knoll

69th St Johns St, Johnson, Vermont 05656

Lamoille View Apartments

165 Park St, Morrisville, Vermont 05661

River Road Apartments

194 Holmes Ln, Stowe, Vermont 05672

Johnson Group Home

120 VT Route 100C, Johnson, Vermont 05656

Copley Terrace

528 Washington Hwy, Morrisville, Vermont 05661

West Branch Apartments

276 Mountain Rd, Stowe, Vermont 05672

Sproul Block SB

_ Sproul Block, Johnson, Vermont 5656

Sylvan Woods

66 Sylvan Woods Dr, Stowe, Vermont 05672

Robert Nuzzo

61 Pratt Road, Jeffersonville, Vermont

Colonial Manor

56 Colonial Mnr, Morrisville, Vermont 05661

Jeffersonville Allocated

150 Manns Mdw, Jeffersonville, Vermont 05464

Jeffersonville Bond

115 Manns Mdw, Jeffersonville, Vermont 05464

Portland and Main Housing

16 Portland St, Morrisville, Vermont 05661

Congress and Park

19 Congress St, Morrisville, Vermont 05661

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 Lamoille County, Vermont
$24.45/hour
$10.78 (+79%) more than Vermont minimum wage and $17.20 (+237%) more than the Federal minimum wage.
Learn More About Lamoille County, Vermont Affordable Housing ↓

What HUD offices serve Lamoille 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 Lamoille County, Vermont.

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

How many renters live in Lamoille County, Vermont?

The County of Lamoille County has 25,977 people living in 11,176 households.

There are 5,586 renters living in 2,963 renter households in this County. Renters make up 21.5 percent of the population living in Lamoille County.

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

There are an estimated 13,946 housing units in the Lamoille County area. Of these, 3,150 units are rental homes, making up 23 percent of the housing market. For every renter household in Lamoille County, Vermont, there are 1 rental units.

What is the vacancy rate for rentals in Lamoille County?

The rental vacancy rate in Lamoille County 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 Lamoille County for each bedroom size?

Occupied Rental Units by Size in Lamoille County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
51 948 1,313 431 180
Occupied Rental Units by Size in Lamoille County

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

Among renter households in this market, 36 percent have housing cost burden. Further, 12 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 Lamoille County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $913 to $1,719. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $913
One BR $983
Two BR $1,291
Three BR $1,713
Four BR $1,719
2024 Fair Market Rents in Lamoille County, Vermont

How many units are rented at Fair Market Rent (FMR) in Lamoille 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 42 82 percent
One BR 589 62 percent
Two BR 734 56 percent
Rental Units Below FMR in Lamoille County, Vermont

How many affordable rental units are in Lamoille County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 165
Section 8 Project-Based Rental Assistance 137
USDA Section 515 Rural Rental Housing 48
USDA Section 514 Farm Labor Housing 1
Tracked Units by Federal Program in Lamoille County, Vermont

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

Income Based Apartments in Lamoille County, Vermont

Lamoille County features 187 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 Lamoille County, Vermont

There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lamoille County.

Housing Choice Vouchers in Lamoille County, Vermont

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lamoille County, Vermont for a two-bedroom apartment is between $1,162 and $1,420.

Sourced from federal housing data and AffordableHousingOnline.com research.