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

Discover affordable housing in Roanoke 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.

A. Porters Haven

1701 Saunja Cir, Vinton, Virginia 24179

Northampton Apartments

1541 Wyndham Dr , Vinton, Virginia 24179

Clearview Manor Apartments

1150 Vinyard Rd , Vinton, Virginia 24179

Blue Ridge Manor Apartments

201A Laurel Hill Dr , Vinton, Virginia 24179

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Roanoke 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 Roanoke County, Virginia Affordable Housing ↓

How many renters live in Roanoke County, Virginia?

The County of Roanoke County has 96,914 people living in 40,024 households.

There are 17,256 renters living in 7,901 renter households in this County. Renters make up 17.81 percent of the population living in Roanoke County.

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

There are an estimated 42,135 housing units in the Roanoke County area. Of these, 10,146 units are rental homes, making up 24 percent of the housing market. For every renter household in Roanoke County, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Roanoke County?

The rental vacancy rate in Roanoke County is 6 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 Roanoke County for each bedroom size?

Occupied Rental Units by Size in Roanoke County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
297 2,035 4,362 2,174 430
Occupied Rental Units by Size in Roanoke County

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

Among renter households in this market, 38 percent have housing cost burden. Further, 16 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 Roanoke 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 Roanoke County, Virginia

How many units are rented at Fair Market Rent (FMR) in Roanoke 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 212 71 percent
One BR 956 47 percent
Two BR 2,089 48 percent
Rental Units Below FMR in Roanoke County, Virginia

How many affordable rental units are in Roanoke County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 854
Section 8 Project-Based Rental Assistance 497
Section 202 Supportive Housing for the Elderly 73
Tracked Units by Federal Program in Roanoke County, Virginia

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

Income Based Apartments in Roanoke County, Virginia

Roanoke County features 331 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 Roanoke County, Virginia

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

Housing Choice Vouchers in Roanoke County, Virginia

On average, Section 8 Housing Choice vouchers pay Roanoke County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Roanoke County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.