Low Income Apartments and Affordable Housing For Rent in Ashland, VA

Discover affordable housing in Ashland 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.

Laurel Woods

211 Cottage Green Drive, Ashland, Virginia 23005

Hanover Apartments

205 N Cottage Green Drive, Ashland, Virginia 23005

Omni Park Place Senior Apartments

101 Omni Road, Ashland, Virginia 23005

Ashland Woods

1100 West Omni Terrace, Ashland, Virginia 23005

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ashland, Virginia
$29.02/hour
$17.02 (+142%) more than Virginia minimum wage and $21.77 (+300%) more than the Federal minimum wage.
Learn More About Ashland, Virginia Affordable Housing ↓

What HUD offices serve Ashland, Virginia?

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), Public Housing, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH) programs for Ashland, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Ashland, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Ashland, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Ashland, Virginia.

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

How many renters live in Ashland, Virginia?

The City of Ashland has 7,617 people living in 2,724 households.

There are 3,064 renters living in 1,316 renter households in this City. Renters make up 40.23 percent of the population living in Ashland.

What is the rental market like in Ashland, Virginia?

There are an estimated 3,007 housing units in the Ashland area. Of these, 1,445 units are rental homes, making up 48 percent of the housing market. For every renter household in Ashland, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Ashland?

The rental vacancy rate in Ashland is 7 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 Ashland for each bedroom size?

Occupied Rental Units by Size in Ashland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
39 162 635 437 24
Occupied Rental Units by Size in Ashland

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

Among renter households in this market, 39 percent have housing cost burden. Further, 17 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 Ashland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,328 to $2,393. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,328
One BR $1,365
Two BR $1,532
Three BR $1,959
Four BR $2,393
2024 Fair Market Rents in Ashland, Virginia

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

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 12 31 percent
One BR 134 83 percent
Two BR 568 89 percent
Rental Units Below FMR in Ashland, Virginia

How many affordable rental units are in Ashland?

There are a variety of federal affordable housing programs serving households in Ashland, Virginia including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 438
USDA Section 515 Rural Rental Housing 80
Tracked Units by Federal Program in Ashland, Virginia

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

Income Based Apartments in Ashland, Virginia

Ashland features 80 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 Ashland, Virginia

There are 86 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ashland.

Housing Choice Vouchers in Ashland, Virginia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ashland, Virginia for a two-bedroom apartment is between $1,379 and $1,685.

Sourced from federal housing data and AffordableHousingOnline.com research.