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

Discover affordable housing in Danville where there are 25+ 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.

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

What HUD offices serve Danville, 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, Homeownership Voucher, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Mainstream Voucher, Family Unification Program (FUP) programs for Danville, Virginia.

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

How many renters live in Danville, Virginia?

The City of Danville has 42,507 people living in 18,755 households.

There are 20,908 renters living in 9,474 renter households in this City. Renters make up 49.19 percent of the population living in Danville.

What is the rental market like in Danville, Virginia?

There are an estimated 22,291 housing units in the Danville area. Of these, 10,252 units are rental homes, making up 46 percent of the housing market. For every renter household in Danville, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Danville?

The rental vacancy rate in Danville is 7 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 Danville for each bedroom size?

Occupied Rental Units by Size in Danville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
281 1,828 4,354 2,403 465
Occupied Rental Units by Size in Danville

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

Among renter households in this market, 41 percent have housing cost burden. Further, 23 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 Danville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,353. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $719
Two BR $905
Three BR $1,228
Four BR $1,353
2024 Fair Market Rents in Danville, Virginia

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

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 196 70 percent
One BR 1,347 74 percent
Two BR 2,942 68 percent
Rental Units Below FMR in Danville, Virginia

How many affordable rental units are in Danville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 747
Public Housing 485
Section 8 Project-Based Rental Assistance 788
Section 202 Supportive Housing for the Elderly 113
Section 811 Supportive Housing for Persons with Disabilities 18
Tracked Units by Federal Program in Danville, Virginia

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

Income Based Apartments in Danville, Virginia

Danville features 1,538 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 Danville, Virginia

There are 284 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Danville.

Housing Choice Vouchers in Danville, Virginia

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.