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Affordable Housing In South Barre
Washington County, Vermont

Housing Authorities that serve South Barre

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

Guide To Affordable Housing in South Barre, Vermont

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in South Barre, Vermont.

Income Based Apartments in South Barre, Vermont

South Barre features 0 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 South Barre, Vermont

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

Housing Choice Vouchers in South Barre, Vermont

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

The maximum amount a voucher would pay on behalf of a low-income tenant in South Barre, Vermont for a two-bedroom apartment is between $977 and $1,195.

2021 South Barre, 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
South Barre, Vermont Fair Market Rent $717 $824 $1,086 $1,358 $1,532
South Barre, Vermont Payment Standard Range $645 to $789 $742 to $906 $977 to $1,195 $1,222 to $1,494 $1,379 to $1,685

Sourced from federal housing data and research.

South Barre, VT Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 25.65%
Average Renter Household Size 2.08
Average Household Size 2.71
Median Household Income $55,944 ±$7,245
Median Rent $937 ±$299
Percentage Of Renters Overburdened 54.35% ± 30.48pp
Total Population 1,457

Population and Household Demographics

South Barre is a city in Washington County, Vermont with a population of 1,457. There are 538 households in the city with an average household size of 2.71 persons. 25.65% of households in South Barre are renters.

Income and Rent Overburden in South Barre

The median gross income for households in South Barre is $55,944 a year, or $4,662 a month. The median rent for the city is $937 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In South Barre, a household making less than $3,123 a month would be considered overburdened when renting an apartment at or above the median rent. 54.35% of households who rent are overburdened in South Barre.

Area Median Income In South Barre

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 South Barre, the AMI is calculated from all households within Washington County.

In South Barre, HUD calculates the Area Median Income for a family of four as $80,300

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 South Barre

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 South Barre

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 South Barre AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,900 $19,300 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the South Barre AMI may qualify for rental assistance programs that target Very Low Income households.
$28,150 $32,150 $36,150 $40,150 $43,400 $46,600 $49,800 $53,000
80% AMI Income Limits
Renters earning up to 80% of the South Barre AMI may qualify for rental assistance programs that target Low Income households.
$45,000 $51,400 $57,850 $64,250 $69,400 $74,550 $79,700 $84,850