Low Income Apartments and Affordable Housing For Rent in Manchester Center, VT

Discover affordable housing in Manchester Center where there are 7+ 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.

The Meadows II

129 Lincoln Ave, Manchester Center, Vermont 05255

Spruce Brook Apartments

29 Spruce Brook Rd, Manchester Center, Vermont 05255

Alfred Court Apartments

129 Lincoln Ave, Manchester Center, Vermont 05743

Haines Manor Apartments

110 Haines Manor Rd, Manchester Center, Vermont 05255

The Meadows Apartments

Equinox Terrace Rd, Manchester Center, Vermont 05255

Manchester Fields

33 The Fields, Manchester Center, Vermont 05255

Homestead Green

129 Lincoln Ave, Manchester Center, Vermont 05255

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 Manchester Center, Vermont
$23.50/hour
$9.83 (+72%) more than Vermont minimum wage and $16.25 (+224%) more than the Federal minimum wage.
Learn More About Manchester Center, Vermont Affordable Housing ↓

What HUD offices serve Manchester Center, 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 Manchester Center, Vermont.

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

How many renters live in Manchester Center, Vermont?

The City of Manchester Center has 1,835 people living in 762 households.

There are 566 renters living in 223 renter households in this City. Renters make up 30.84 percent of the population living in Manchester Center.

What is the rental market like in Manchester Center, Vermont?

There are an estimated 1,258 housing units in the Manchester Center area. Of these, 263 units are rental homes, making up 21 percent of the housing market. For every renter household in Manchester Center, Vermont, there are 1 rental units.

What is the vacancy rate for rentals in Manchester Center?

The rental vacancy rate in Manchester Center is 15 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 Manchester Center for each bedroom size?

Occupied Rental Units by Size in Manchester Center
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
39 75 74 35 0
Occupied Rental Units by Size in Manchester Center

A large number of apartments in Manchester Center 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 Manchester Center are overburdened by housing costs?

Among renter households in this market, 52 percent have housing cost burden. Further, 39 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 Manchester Center

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $936 to $1,929. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $936
One BR $1,006
Two BR $1,241
Three BR $1,642
Four BR $1,929
2024 Fair Market Rents in Manchester Center, Vermont

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

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 23 59 percent
One BR 74 99 percent
Two BR 74 100 percent
Rental Units Below FMR in Manchester Center, Vermont

How many affordable rental units are in Manchester Center?

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

Federal Program Unit Count
Low Income Housing Tax Credit 10
Section 8 Project-Based Rental Assistance 32
USDA Section 515 Rural Rental Housing 78
Tracked Units by Federal Program in Manchester Center, Vermont

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

Income Based Apartments in Manchester Center, Vermont

Manchester Center features 157 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 Manchester Center, Vermont

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Manchester Center.

Housing Choice Vouchers in Manchester Center, Vermont

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Manchester Center, Vermont for a two-bedroom apartment is between $1,117 and $1,365.

Sourced from federal housing data and AffordableHousingOnline.com research.