Low Income Apartments and Affordable Housing For Rent in St Albans, VT

Discover affordable housing in St Albans where there are 4+ 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.

Congress Street Apartments

20 Congress St., St Albans, Vermont 05478

bed 1-2
payment $824-1500/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Welden Villia Apartmnets

59 UPPER WELDEN ST, St Albans, Vermont 05478

bed 1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

LAKE STREET APARTMENTS

7 LAKE ST, St Albans, Vermont 5478

payment Subsidized
accessibility Accessible
accessible_forward Disability

Waugh Opera House

22 Main St, St Albans, Vermont 05478

How To Identify Affordable Housing in St Albans, 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 St Albans, Vermont
$35.74/hour
$22.07 (+161%) more than Vermont minimum wage and $28.49 (+393%) more than the Federal minimum wage.
Learn More About St Albans, Vermont Affordable Housing ↓

What HUD offices serve St Albans, 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 St Albans, Vermont.

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

How many renters live in St Albans, Vermont?

The City of St Albans has people living in households.

There are renters living in renter households in this City. Renters make up 43.85 percent of the population living in St Albans.

What is the rental market like in St Albans, Vermont?

There are an estimated housing units in the St Albans area. Of these, units are rental homes, making up percent of the housing market. For every renter household in St Albans, Vermont, there are 1.1 rental units.

What is the vacancy rate for rentals in St Albans?

The rental vacancy rate in St Albans is 9 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 St Albans for each bedroom size?

Occupied Rental Units by Size in St Albans
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
57 479 597 201 50
Occupied Rental Units by Size in St Albans

A large number of apartments in St Albans 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 St Albans

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,341 to $2,513. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,341
One BR $1,441
Two BR $1,887
Three BR $2,390
Four BR $2,513
2024 Fair Market Rents in St Albans, Vermont

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

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 53 93 percent
One BR 421 88 percent
Two BR 534 89 percent
Rental Units Below FMR in St Albans, Vermont

How many affordable rental units are in St Albans?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in St Albans, Vermont

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

Income Based Apartments in St Albans, Vermont

St Albans features 67 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 St Albans, Vermont

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in St Albans.

Housing Choice Vouchers in St Albans, Vermont

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

The maximum amount a voucher would pay on behalf of a low-income tenant in St Albans, Vermont for a two-bedroom apartment is between $1,698 and $2,076.

Sourced from federal housing data and AffordableHousingOnline.com research.

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