Affordable Housing Online is monitoring the federal government's response to the coronavirus disease (COVID-19) outbreak. 

An extensive list of coronavirus resources for low-income households can be found here.

Affordable Housing In Blacksburg
Montgomery County, Virginia

10 Low Income Apartment Communities In Blacksburg

Fieldstone Apartments

300 Fieldstone Ln
Blacksburg, Virginia
$828-949
2-3 BR
55+
Family & Senior

Cedar Crest II

320 Essex Ct
Blacksburg, Virginia
Call For Rent
2-3 BR

Grissom Lane Apartments

1325 Brighton Ct
Blacksburg, Virginia
Call For Rent
2 BR
55+

Cedar Crest I

322 Cedar Hill Dr
Blacksburg, Virginia
Call For Rent
2-3 BR

Lantern Ridge Apartments

401 Fairfax Road
Blacksburg, Virginia
Call For Rent
1-3 BR
Subsidized

Cedar Crest III

1300 Brighton Ct
Blacksburg, Virginia
Call For Rent
1-3 BR

Ellet Road

201 Fairfax Rd
Blacksburg, Virginia
Subsidized
Accessible
Accessible
Disabled Supportive Housing

New River House

2607 Warm Hearth Dr
Blacksburg, Virginia
Subsidized
62+
Accessible
Elderly Supportive Housing

Cambridge Square

1805 Whipple Dr
Blacksburg, Virginia
Subsidized

Trolinger House

2603 Warm Hearth Dr
Blacksburg, Virginia
Subsidized
62+
Accessible
Elderly Supportive Housing
  • «
  • 1
  • »

Housing Authorities that serve Blacksburg

Housing Authority Programs
Virginia Housing Section 8 Housing Choice Voucher (HCV)
Pembroke Management Inc - Floyd and Montgomery Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Blacksburg, Virginia

There are 10 low income housing apartment communities offering 486 affordable apartments for rent in Blacksburg, Virginia.

Income Based Apartments in Blacksburg, Virginia

Blacksburg features 316 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 Blacksburg, Virginia

There are 170 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Blacksburg.

Housing Choice Vouchers in Blacksburg, Virginia

On average, Section 8 Housing Choice vouchers pay Blacksburg landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Blacksburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Blacksburg, Virginia for a two-bedroom apartment is between $880 and $1,076.

2021 Blacksburg, 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
Blacksburg, Virginia Fair Market Rent $795 $858 $978 $1,400 $1,693
Blacksburg, Virginia Payment Standard Range $716 to $875 $772 to $944 $880 to $1,076 $1,260 to $1,540 $1,524 to $1,862

Sourced from federal housing data and AffordableHousingOnline.com research.

Blacksburg, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 486
Total Housing Units with Rental Assistance 316
Percentage of Housing Units Occupied By Renters 72.16%
Average Renter Household Size 2.56
Average Household Size 2.58
Median Household Income $31,936 ±$3,398
Median Rent $935 ±$44
Percentage Of Renters Overburdened 61.36% ± 4.33pp
Total Population 43,530

Population and Household Demographics

Blacksburg is a city in Montgomery County, Virginia with a population of 43,530. There are 13,525 households in the city with an average household size of 2.58 persons. 72.16% of households in Blacksburg are renters.

Income and Rent Overburden in Blacksburg

The median gross income for households in Blacksburg is $31,936 a year, or $2,661 a month. The median rent for the city is $935 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Blacksburg, a household making less than $3,117 a month would be considered overburdened when renting an apartment at or above the median rent. 61.36% of households who rent are overburdened in Blacksburg.

Area Median Income In Blacksburg

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 Blacksburg, the AMI is calculated from all households within Montgomery County.

In Blacksburg, HUD calculates the Area Median Income for a family of four as $79,700

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 Blacksburg

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 Blacksburg

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 Blacksburg AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,750 $19,150 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Blacksburg AMI may qualify for rental assistance programs that target Very Low Income households.
$27,900 $31,900 $35,900 $39,850 $43,050 $46,250 $49,450 $52,650
80% AMI Income Limits
Renters earning up to 80% of the Blacksburg AMI may qualify for rental assistance programs that target Low Income households.
$44,650 $51,000 $57,400 $63,750 $68,850 $73,950 $79,050 $84,150