Affordable Housing In Augusta County

7 Low Income Apartment Communities In Augusta County

Montague Terrace

28 Montague Court
Stuarts Draft, Virginia

Landings at Weyers Cave

20 Landings Dr
Weyers Cave, Virginia

Craigmont II Apartments

262 Robertson Rd
Craigsville, Virginia

The Grottoes Apartments

709 Augusta Ave
Grottoes, Virginia

Highland Hills Apartments

31 Highland Hills Ln
Stuarts Draft, Virginia

Cambridge Court Apartments

1203 Randall Rd
Grottoes, Virginia

Briarwood II Apartments

Briarwood Cir
Fishersville, Virginia
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Guide To Affordable Housing in Augusta County, Virginia

There are 7 low income housing apartment communities offering 400 affordable apartments for rent in Augusta County, Virginia.

Income Based Apartments in Augusta County, Virginia

Augusta County features 124 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 Augusta County, Virginia

There are 276 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Augusta County.

Housing Choice Vouchers in Augusta County, Virginia

On average, Section 8 Housing Choice vouchers pay Augusta County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Augusta County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Augusta County, Virginia for a two-bedroom apartment is between $825 and $1,009.

2022 Augusta County, Virginia 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
Augusta County, Virginia Fair Market Rent $729 $734 $917 $1,255 $1,531
Augusta County, Virginia Payment Standard Range $656 to $802 $661 to $807 $825 to $1,009 $1,130 to $1,381 $1,378 to $1,684

Sourced from federal housing data and research.

Augusta County, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 400
Total Housing Units with Rental Assistance 124
Percentage of Housing Units Occupied By Renters 20.64%
Average Renter Household Size 2.38
Average Household Size 2.50
Median Household Income $54,558 ±$1,909
Median Rent $832 ±$50
Percentage Of Renters Overburdened 40.7% ± 5.57pp
Total Population 74,053

Population and Household Demographics

Augusta County is a county in Virginia with a population of 74,053. There are 28,150 households in the county with an average household size of 2.50 persons. 20.64% of households in Augusta County are renters.

Income and Rent Overburden in Augusta County

The median gross income for households in Augusta County is $54,558 a year, or $4,547 a month. The median rent for the county is $832 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Augusta County, a household making less than $2,773 a month would be considered overburdened when renting an apartment at or above the median rent. 40.7% of households who rent are overburdened in Augusta County.

Area Median Income In Augusta County

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.

In Augusta County, HUD calculates the Area Median Income for a family of four as $71,200

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 Augusta County

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 Augusta County

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 Augusta County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,950 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Augusta County AMI may qualify for rental assistance programs that target Very Low Income households.
$24,950 $28,500 $32,050 $35,600 $38,450 $41,300 $44,150 $47,000
80% AMI Income Limits
Renters earning up to 80% of the Augusta County AMI may qualify for rental assistance programs that target Low Income households.
$39,900 $45,600 $51,300 $56,950 $61,550 $66,100 $70,650 $75,200

Cities In Augusta County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Augusta Springs
Mount Sidney
New Hope
Stuarts Draft
Weyers Cave