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

Discover affordable housing in Carroll County 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 Ridge

620 W Grayson St, Hillsville, Virginia 24343

Westview Terrace Apartments

167 Howlett Street, Hillsville, Virginia 24343

Carroll House

56 Carroll House Ln, Hillsville, Virginia 24343

Briarleigh Court ( Aka Highway

1338 N Main St, Hillsville, Virginia 24343

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Carroll County, Virginia
$17.14/hour
$5.14 (+43%) more than Virginia minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Carroll County, Virginia Affordable Housing ↓

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

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

How many renters live in Carroll County, Virginia?

The County of Carroll County has 29,126 people living in 12,141 households.

There are 6,118 renters living in 2,619 renter households in this County. Renters make up 21.01 percent of the population living in Carroll County.

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

There are an estimated 16,633 housing units in the Carroll County area. Of these, 2,772 units are rental homes, making up 17 percent of the housing market. For every renter household in Carroll County, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Carroll County?

The rental vacancy rate in Carroll County is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Carroll County for each bedroom size?

Occupied Rental Units by Size in Carroll County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
38 243 1,128 1,122 54
Occupied Rental Units by Size in Carroll County

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

Among renter households in this market, 31 percent have housing cost burden. Further, 18 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 Carroll County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $728 to $1,485. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $728
One BR $732
Two BR $905
Three BR $1,267
Four BR $1,485
2024 Fair Market Rents in Carroll County, Virginia

How many units are rented at Fair Market Rent (FMR) in Carroll 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 0 100 percent
One BR 127 52 percent
Two BR 906 80 percent
Rental Units Below FMR in Carroll County, Virginia

How many affordable rental units are in Carroll County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 88
Section 8 Project-Based Rental Assistance 105
USDA Section 515 Rural Rental Housing 122
Tracked Units by Federal Program in Carroll County, Virginia

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

Income Based Apartments in Carroll County, Virginia

Carroll County features 108 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 Carroll County, Virginia

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

Housing Choice Vouchers in Carroll County, Virginia

On average, Section 8 Housing Choice vouchers pay Carroll County landlords $700 per month towards rent. The average voucher holder contributes $200 towards rent in Carroll County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Carroll County, Virginia for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.