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Affordable Housing In Saxtons River
Windham County, Vermont

1 Low Income Apartment Communities In Saxtons River

Saxtons River Family Housing

6 River St
Saxtons River, Vermont
Income Based
2-4 BR
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Housing Authorities that serve Saxtons River

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

Guide To Affordable Housing in Saxtons River, Vermont

There are 1 low income housing apartment communities offering 17 affordable apartments for rent in Saxtons River, Vermont.

Income Based Apartments in Saxtons River, Vermont

Saxtons River features 17 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 Saxtons River, Vermont

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

Housing Choice Vouchers in Saxtons River, Vermont

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Saxtons River, Vermont for a two-bedroom apartment is between $894 and $1,092.

2021 Saxtons River, 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
Saxtons River, Vermont Fair Market Rent $697 $798 $993 $1,235 $1,347
Saxtons River, Vermont Payment Standard Range $627 to $767 $718 to $878 $894 to $1,092 $1,112 to $1,359 $1,212 to $1,482

Sourced from federal housing data and research.

Saxtons River, VT Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 17
Total Housing Units with Rental Assistance 17
Percentage of Housing Units Occupied By Renters 36.49%
Average Renter Household Size 2.89
Average Household Size 2.22
Median Household Income $39,000 ±$6,227
Median Rent $808 ±$696
Percentage Of Renters Overburdened 53.09% ± 29.91pp
Total Population 562

Population and Household Demographics

Saxtons River is a city in Windham County, Vermont with a population of 562. There are 222 households in the city with an average household size of 2.22 persons. 36.49% of households in Saxtons River are renters.

Income and Rent Overburden in Saxtons River

The median gross income for households in Saxtons River is $39,000 a year, or $3,250 a month. The median rent for the city is $808 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Saxtons River, a household making less than $2,693 a month would be considered overburdened when renting an apartment at or above the median rent. 53.09% of households who rent are overburdened in Saxtons River.

Area Median Income In Saxtons River

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Saxtons River, the AMI is calculated from all households within Windham County.

In Saxtons River, HUD calculates the Area Median Income for a family of four as $70,900

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 Saxtons River

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 Saxtons River

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 Saxtons River AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,700 $17,950 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Saxtons River AMI may qualify for rental assistance programs that target Very Low Income households.
$26,150 $29,850 $33,600 $37,300 $40,300 $43,300 $46,300 $49,250
80% AMI Income Limits
Renters earning up to 80% of the Saxtons River AMI may qualify for rental assistance programs that target Low Income households.
$41,800 $47,800 $53,750 $59,700 $64,500 $69,300 $74,050 $78,850