Low Income Apartments and Affordable Housing For Rent in Damascus, VA

Discover affordable housing in Damascus 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.

Settlers Point

32140 Plymouth Ct #700, Damascus, Virginia 24236

Woods Landing Apartments

615 Mock Avenue, Damascus, Virginia 24236

Oak Knoll Apartments

115 Backer Ln, Damascus, Virginia 24236

Riverside Place

505 S Shady Ave, Damascus, Virginia 24236

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

How many renters live in Damascus, Virginia?

The City of Damascus has 767 people living in 348 households.

There are 372 renters living in 170 renter households in this City. Renters make up 48.5 percent of the population living in Damascus.

What is the rental market like in Damascus, Virginia?

There are an estimated 443 housing units in the Damascus area. Of these, 209 units are rental homes, making up 47 percent of the housing market. For every renter household in Damascus, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Damascus?

The rental vacancy rate in Damascus is 8 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 Damascus for each bedroom size?

Occupied Rental Units by Size in Damascus
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 72 65 17 0
Occupied Rental Units by Size in Damascus

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

Among renter households in this market, 51 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 Damascus

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $677 to $1,335. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $677
One BR $717
Two BR $905
Three BR $1,179
Four BR $1,335
2024 Fair Market Rents in Damascus, Virginia

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

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
One BR 66 92 percent
Two BR 40 62 percent
Rental Units Below FMR in Damascus, Virginia

How many affordable rental units are in Damascus?

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

Federal Program Unit Count
Low Income Housing Tax Credit 83
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 61
Tracked Units by Federal Program in Damascus, Virginia

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

Income Based Apartments in Damascus, Virginia

Damascus features 123 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 Damascus, Virginia

There are 22 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Damascus.

Housing Choice Vouchers in Damascus, Virginia

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.