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

Discover affordable housing in Augusta County where there are 7+ 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.

Cambridge Court Apartments

1203 Randall Rd, Grottoes, Virginia 24441

Craigmont II Apartments

262 Robertson Rd, Craigsville, Virginia 24430

The Grottoes Apartments

709 Augusta Ave, Grottoes, Virginia 24441

Montague Terrace

28 Montague Court , Stuarts Draft, Virginia 24477

Briarwood II Apartments

Briarwood Cir, Fishersville, Virginia 22939

Landings at Weyers Cave

20 Landings Dr, Weyers Cave, Virginia 24486

Highland Hills Apartments

31 Highland Hills Ln, Stuarts Draft, Virginia 24477

calendar_today Opened: Aug 17
Open Until Further Notice

Reported On February 27th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Augusta County, Virginia
$21.76/hour
$9.76 (+81%) more than Virginia minimum wage and $14.51 (+200%) more than the Federal minimum wage.
Learn More About Augusta County, Virginia Affordable Housing ↓

What HUD offices serve Augusta 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), Public Housing programs for Augusta County, Virginia.

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

How many renters live in Augusta County, Virginia?

The County of Augusta County has 78,064 people living in 31,434 households.

There are 15,246 renters living in 7,399 renter households in this County. Renters make up 19.53 percent of the population living in Augusta County.

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

There are an estimated 32,675 housing units in the Augusta County area. Of these, 6,679 units are rental homes, making up 20 percent of the housing market. For every renter household in Augusta County, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Augusta County?

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

Occupied Rental Units by Size in Augusta County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
352 776 2,717 2,160 305
Occupied Rental Units by Size in Augusta County

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

Among renter households in this market, 39 percent have housing cost burden. Further, 17 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 Augusta County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $981 to $1,922. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $981
One BR $987
Two BR $1,149
Three BR $1,616
Four BR $1,922
2024 Fair Market Rents in Augusta County, Virginia

How many units are rented at Fair Market Rent (FMR) in Augusta 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 57 16 percent
One BR 559 72 percent
Two BR 1,716 63 percent
Rental Units Below FMR in Augusta County, Virginia

How many affordable rental units are in Augusta County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 329
Section 8 Project-Based Rental Assistance 113
USDA Section 515 Rural Rental Housing 378
Tracked Units by Federal Program in Augusta County, Virginia

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

Income Based Apartments in Augusta County, Virginia

Augusta County features 177 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 Augusta County, Virginia

There are 136 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Augusta County.

Housing Choice Vouchers in Augusta County, Virginia

On average, Section 8 Housing Choice vouchers pay Augusta County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Augusta County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Augusta County, Virginia for a two-bedroom apartment is between $1,034 and $1,264.

Sourced from federal housing data and AffordableHousingOnline.com research.