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

Discover affordable housing in Westminster 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.

Westminster Family Housing

RR 5, Westminster, Vermont 5159

WESTMINSTER FAMILY HOUSING

ROUTE 5, Westminster, Vermont 5159

Shady Pines Mhp

Shady Pines Mhp, Westminster, Vermont 5158

calendar_today Opened: Apr 1
Open Until Further Notice

Reported On April 1st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Westminster, 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 Westminster, Vermont Affordable Housing ↓

What HUD offices serve Westminster, 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 Westminster, Vermont.

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

How many renters live in Westminster, Vermont?

The City of Westminster has 600 people living in 173 households.

There are 55 renters living in 19 renter households in this City. Renters make up 9.17 percent of the population living in Westminster.

What is the rental market like in Westminster, Vermont?

There are an estimated 183 housing units in the Westminster area. Of these, 19 units are rental homes, making up 10 percent of the housing market. For every renter household in Westminster, Vermont, there are 1 rental units.

What is the vacancy rate for rentals in Westminster?

The rental vacancy rate in Westminster is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Westminster for each bedroom size?

Occupied Rental Units by Size in Westminster
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 12 5 2
Occupied Rental Units by Size in Westminster

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

Among renter households in this market, 26 percent have housing cost burden. Further, 0 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 Westminster

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 Westminster, Vermont

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

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
Two BR 12 100 percent
Rental Units Below FMR in Westminster, Vermont

How many affordable rental units are in Westminster?

Income Based Apartments in Westminster, Vermont

Westminster features 9 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 Westminster, Vermont

There are 28 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Westminster.

Housing Choice Vouchers in Westminster, Vermont

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.