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Affordable Housing In Winooski
Chittenden County, Vermont

8 Low Income Apartment Communities In Winooski

Keen's Crossing

65 Winooski Falls Way
Winooski, Vermont
$921-1,256
1-3 BR
Market Rate

Casavant Overlook Apartments

268 East Allen Street
Winooski, Vermont
Call For Rent
1-2 BR
Market Rate

Allen Canal Apartments

West Allen St
Winooski, Vermont
Subsidized

The Courtyard

120 E Spring St
Winooski, Vermont
Subsidized

Elm Franklin Apartments

83 Barlow St
Winooski, Vermont

Genest Bldg

26 Main St
Winooski, Vermont

Allen Canal Apartments

43 W Allen St
Winooski, Vermont
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Housing Authorities that serve Winooski

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

Guide To Affordable Housing in Winooski, Vermont

There are 8 low income housing apartment communities offering 848 affordable apartments for rent in Winooski, Vermont.

Income Based Apartments in Winooski, Vermont

Winooski features 356 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 Winooski, Vermont

There are 279 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Winooski.

Housing Choice Vouchers in Winooski, Vermont

On average, Section 8 Housing Choice vouchers pay Winooski landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Winooski.

The maximum amount a voucher would pay on behalf of a low-income tenant in Winooski, Vermont for a two-bedroom apartment is between $1,465 and $1,791.

2021 Winooski, 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
Winooski, Vermont Fair Market Rent $1,091 $1,265 $1,628 $2,025 $2,208
Winooski, Vermont Payment Standard Range $982 to $1,200 $1,139 to $1,392 $1,465 to $1,791 $1,823 to $2,228 $1,987 to $2,429

Sourced from federal housing data and AffordableHousingOnline.com research.

Winooski, VT Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 848
Total Housing Units with Rental Assistance 356
Percentage of Housing Units Occupied By Renters 61.14%
Average Renter Household Size 2.18
Average Household Size 2.27
Median Household Income $45,974 ±$5,315
Median Rent $1,027 ±$80
Percentage Of Renters Overburdened 56.76% ± 8.74pp
Total Population 7,223

Population and Household Demographics

Winooski is a city in Chittenden County, Vermont with a population of 7,223. There are 3,083 households in the city with an average household size of 2.27 persons. 61.14% of households in Winooski are renters.

Income and Rent Overburden in Winooski

The median gross income for households in Winooski is $45,974 a year, or $3,831 a month. The median rent for the city is $1,027 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Winooski, a household making less than $3,423 a month would be considered overburdened when renting an apartment at or above the median rent. 56.76% of households who rent are overburdened in Winooski.

Area Median Income In Winooski

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 Winooski, the AMI is calculated from all households within Chittenden County.

In Winooski, HUD calculates the Area Median Income for a family of four as $89,700

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 Winooski

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 Winooski

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 Winooski AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,250 $22,000 $24,750 $27,500 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Winooski AMI may qualify for rental assistance programs that target Very Low Income households.
$32,100 $36,700 $41,300 $45,850 $49,550 $53,200 $56,900 $60,550
80% AMI Income Limits
Renters earning up to 80% of the Winooski AMI may qualify for rental assistance programs that target Low Income households.
$51,350 $58,700 $66,050 $73,350 $79,250 $85,100 $91,000 $96,850