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

Discover affordable housing in Caroline County where there are 6+ 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.

Caroline Manor I

150 Courthouse Ln., Bowling Green, Virginia 22427

Lee Street Townhouses

150 Courthouse Lane, Bowling Green, Virginia 22427

Courthouse Lane I and II

150 Courthouse Lane, Bowling Green, Virginia 22427

Courthouse Lane II

150 Courthouse Lane, Bowling Green, Virginia 22427

Courthouse Lane I

150 Courthouse Ln, Bowling Green, Virginia

Caroline Manor II

150 Courthouse Lane, Bowling Green, Virginia 22427

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Caroline County, Virginia
$22.37/hour
$10.37 (+86%) more than Virginia minimum wage and $15.12 (+209%) more than the Federal minimum wage.
Learn More About Caroline County, Virginia Affordable Housing ↓

What HUD offices serve Caroline County, 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) programs for Caroline County, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Caroline County, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Caroline County, Virginia.

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

How many renters live in Caroline County, Virginia?

The County of Caroline County has 31,181 people living in 11,387 households.

There are 5,502 renters living in 2,084 renter households in this County. Renters make up 17.65 percent of the population living in Caroline County.

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

There are an estimated 12,511 housing units in the Caroline County area. Of these, 2,412 units are rental homes, making up 19 percent of the housing market. For every renter household in Caroline County, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Caroline County?

The rental vacancy rate in Caroline 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 Caroline County for each bedroom size?

Occupied Rental Units by Size in Caroline County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
44 178 941 744 159
Occupied Rental Units by Size in Caroline County

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

Among renter households in this market, 46 percent have housing cost burden. Further, 20 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 Caroline County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $946 to $1,946. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $946
One BR $952
Two BR $1,181
Three BR $1,664
Four BR $1,946
2024 Fair Market Rents in Caroline County, Virginia

How many units are rented at Fair Market Rent (FMR) in Caroline 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 44 100 percent
One BR 92 52 percent
Two BR 515 55 percent
Rental Units Below FMR in Caroline County, Virginia

How many affordable rental units are in Caroline County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 91
Section 8 Project-Based Rental Assistance 32
Section 811 Supportive Housing for Persons with Disabilities 1
USDA Section 515 Rural Rental Housing 115
Tracked Units by Federal Program in Caroline County, Virginia

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

Income Based Apartments in Caroline County, Virginia

Caroline County features 139 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 Caroline County, Virginia

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

Housing Choice Vouchers in Caroline County, Virginia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Caroline County, Virginia for a two-bedroom apartment is between $1,063 and $1,299.

Sourced from federal housing data and AffordableHousingOnline.com research.