Affordable Housing In Frederick County
4 Low Income Apartment Communities In Frederick County
Guide To Affordable Housing in Frederick County, Virginia
There are 4 low income housing apartment communities offering 182 affordable apartments for rent in Frederick County, Virginia.
Income Based Apartments in Frederick County, Virginia
Frederick County features 48 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 Frederick County, Virginia
There are 134 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Frederick County.
Housing Choice Vouchers in Frederick County, Virginia
On average, Section 8 Housing Choice vouchers pay Frederick County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Frederick County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Frederick County, Virginia for a two-bedroom apartment is between $958 and $1,170.
2021 Frederick County, Virginia Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Frederick County, Virginia Fair Market Rent||$814||$819||$1,064||$1,399||$1,814|
|Frederick County, Virginia Payment Standard Range||$733 to $895||$737 to $901||$958 to $1,170||$1,259 to $1,539||$1,633 to $1,995|
Sourced from federal housing data and AffordableHousingOnline.com research.
Frederick County, VA Affordable Housing Snapshot
|Total Affordable Apartment Properties||4|
|Total Low Income Apartments||182|
|Total Housing Units with Rental Assistance||48|
|Percentage of Housing Units Occupied By Renters||21.88%|
|Average Renter Household Size||2.70|
|Average Household Size||2.72|
|Median Household Income||$69,098 ±$3,616|
|Median Rent||$1,073 ±$32|
|Percentage Of Renters Overburdened||41.21% ± 5.07pp|
Population and Household Demographics
Frederick County is a county in Virginia with a population of 81,340. There are 29,455 households in the county with an average household size of 2.72 persons. 21.88% of households in Frederick County are renters.
Income and Rent Overburden in Frederick County
The median gross income for households in Frederick County is $69,098 a year, or $5,758 a month. The median rent for the county is $1,073 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Frederick County, a household making less than $3,577 a month would be considered overburdened when renting an apartment at or above the median rent. 41.21% of households who rent are overburdened in Frederick County.
Area Median Income In Frederick County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Frederick County, HUD calculates the Area Median Income for a family of four as $81,400
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Frederick County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in Frederick County
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Frederick County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Frederick County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Frederick County AMI may qualify for rental assistance programs that target Low Income households.