Low Income Apartments and Affordable Housing For Rent in Putney, VT

Discover affordable housing in Putney 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.

Putney Landing Apartments

23 Neumann Hill Road, Putney, Vermont 05346

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Putney Meadows

17 Carol Brown Way, Putney, Vermont 05346

bed 1
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Noyes House

52 Kimball Hill Rd S, Putney, Vermont 05346

How To Identify Affordable Housing in Putney, 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 Putney, Vermont
$25.38/hour
$11.71 (+86%) more than Vermont minimum wage and $18.13 (+250%) more than the Federal minimum wage.
Learn More About Putney, Vermont Affordable Housing ↓

What HUD offices serve Putney, 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 Putney, Vermont.

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

How many renters live in Putney, Vermont?

The City of Putney has people living in households.

There are renters living in renter households in this City. Renters make up 48.89 percent of the population living in Putney.

What is the rental market like in Putney, Vermont?

There are an estimated housing units in the Putney area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Putney, Vermont, there are 1.18 rental units.

What is the vacancy rate for rentals in Putney?

The rental vacancy rate in Putney 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 Putney for each bedroom size?

Occupied Rental Units by Size in Putney
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 60 27 3 0
Occupied Rental Units by Size in Putney

A large number of apartments in Putney 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 Putney

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $976 to $1,785. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $976
One BR $1,091
Two BR $1,340
Three BR $1,655
Four BR $1,785
2024 Fair Market Rents in Putney, Vermont

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

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 53 88 percent
Two BR 20 74 percent
Rental Units Below FMR in Putney, Vermont

How many affordable rental units are in Putney?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Putney, Vermont

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

Income Based Apartments in Putney, Vermont

Putney features 28 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 Putney, Vermont

There are 33 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Putney.

Housing Choice Vouchers in Putney, Vermont

On average, Section 8 Housing Choice vouchers pay Putney landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Putney.

The maximum amount a voucher would pay on behalf of a low-income tenant in Putney, Vermont for a two-bedroom apartment is between $1,206 and $1,474.

Sourced from federal housing data and AffordableHousingOnline.com research.

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