Low Income Apartments and Affordable Housing For Rent in Botetourt County, VA

Discover affordable housing in Botetourt County where there are 8+ 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.

1512 NW Downing St

1512 NW Downing St, Roanoke, Virginia 24012

bed 1
payment $750/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

5105 Hildebrand Rd NW Unit 5105 Hildebrand E

5105 Hildebrand Rd NW Unit 5105 Hildebrand E, Roanoke, Virginia 24012

bed Studio
payment $675/mo.

5105 Hildebrand Rd NW Unit 5105 Hildebrand R

5105 Hildebrand Rd NW Unit 5105 Hildebrand R, Roanoke, Virginia 24012

bed Studio
payment $595/mo.

24 N Lewis St

24 N Lewis St, Lexington, Virginia 24450

bed 3
payment $1400/mo.

418 Chestnut St Unit 418 Chestnut St #2

418 Chestnut St Unit 418 Chestnut St #2, Salem, Virginia 24153

bed 2
payment $995/mo.

2502 Liberty Rd NW Unit 18

2502 Liberty Rd NW Unit 18, Roanoke, Virginia 24012

bed 1
payment $695/mo.

2613 Meadows St NW

2613 Meadows St NW, Roanoke, Virginia 24012

bed 3
payment $1250/mo.

4314 Williamson Rd Unit 1

4314 Williamson Rd Unit 1, Roanoke, Virginia 24012

bed 1
payment $795/mo.

How To Identify Affordable Housing in Botetourt County, Virginia

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Botetourt County, Virginia
$20.61/hour
$8.61 (+72%) more than Virginia minimum wage and $13.36 (+184%) more than the Federal minimum wage.
Learn More About Botetourt County, Virginia Affordable Housing ↓

How many renters live in Botetourt County, Virginia?

The County of Botetourt County has people living in households.

There are renters living in renter households in this County. Renters make up 11.42 percent of the population living in Botetourt County.

What is the rental market like in Botetourt County, Virginia?

There are an estimated housing units in the Botetourt County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Botetourt County, Virginia, there are 1.14 rental units.

What is the vacancy rate for rentals in Botetourt County?

The rental vacancy rate in Botetourt County is 11 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 Botetourt County for each bedroom size?

Occupied Rental Units by Size in Botetourt County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 270 829 549 57
Occupied Rental Units by Size in Botetourt County

A large number of apartments in Botetourt County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Botetourt County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $811 to $1,760. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $811
One BR $894
Two BR $1,088
Three BR $1,513
Four BR $1,760
2024 Fair Market Rents in Botetourt County, Virginia

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

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 6 100 percent
One BR 199 74 percent
Two BR 584 70 percent
Rental Units Below FMR in Botetourt County, Virginia

How many affordable rental units are in Botetourt County?

Income Based Apartments in Botetourt County, Virginia

Botetourt County features 0 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 Botetourt County, Virginia

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Botetourt County.

Housing Choice Vouchers in Botetourt County, Virginia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Botetourt County, Virginia for a two-bedroom apartment is between $979 and $1,197.

Sourced from federal housing data and AffordableHousingOnline.com research.

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