Affordable Housing In Fredericksburg

38 Low Income Apartment Communities In Fredericksburg

Kings Crest Senior Apartments

11500 Kings Crest Ct
Fredericksburg, Virginia
1-2 BR

Salem Run

5715 Castlebridge Rd
Fredericksburg, Virginia
2-3 BR

Greens of Salem Run

5600 Salem Run Blvd
Fredericksburg, Virginia
2-4 BR

Overlook Terrace Apartments

4540 Lookout Ln
Fredericksburg, Virginia
Call For Rent
1-3 BR

Wicklow Square Apartments

100 Weston Lane
Fredericksburg, Virginia
1 BR

The Heights at Jackson Village

4811 Wildroot Ln
Fredericksburg, Virginia
1-2 BR

Valor Apartment Homes

1150 Noble Way
Fredericksburg, Virginia
Call For Rent
1-3 BR

Orchard Ridge at Jackson Village

9401 Jefferson Davis Highway
Fredericksburg, Virginia
Call For Rent
1-3 BR

Mckendree Manor

101 McKendree Ct
Fredericksburg, Virginia
Income Based
1 BR
Elderly Supportive Housing

New Post

2000 Liberty Loop
Fredericksburg, Virginia
Call For Rent
Studio-3 BR

Section 8 Vouchers, Apartments, and Waiting Lists in Fredericksburg, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Fredericksburg, Virginia

Housing Authority Programs
Virginia Housing Section 8 Housing Choice Voucher (HCV)
Central Virginia Housing Coalition Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Fredericksburg, Virginia

There are 38 low income housing apartment communities offering 26,304 affordable apartments for rent in Fredericksburg, Virginia.

Income Based Apartments in Fredericksburg, Virginia

Fredericksburg features 729 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 Fredericksburg, Virginia

There are 25,575 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fredericksburg.

Housing Choice Vouchers in Fredericksburg, Virginia

On average, Section 8 Housing Choice vouchers pay Fredericksburg landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Fredericksburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fredericksburg, Virginia for a two-bedroom apartment is between $1,607 and $1,964.

2022 Fredericksburg, 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
Fredericksburg, Virginia Fair Market Rent $1,539 $1,567 $1,785 $2,260 $2,713
Fredericksburg, Virginia Payment Standard Range $1,385 to $1,693 $1,410 to $1,724 $1,607 to $1,964 $2,034 to $2,486 $2,442 to $2,984

Sourced from federal housing data and research.

Fredericksburg, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 38
Total Low Income Apartments 26,304
Total Housing Units with Rental Assistance 729
Percentage of Housing Units Occupied By Renters 65.55%
Average Renter Household Size 2.42
Average Household Size 2.46
Median Household Income $51,762 ±$5,045
Median Rent $1,058 ±$33
Percentage Of Renters Overburdened 47.69% ± 5.45pp
Total Population 27,395

Population and Household Demographics

Fredericksburg is a city in Virginia with a population of 27,395. There are 10,080 households in the city with an average household size of 2.46 persons. 65.55% of households in Fredericksburg are renters.

Income and Rent Overburden in Fredericksburg

The median gross income for households in Fredericksburg is $51,762 a year, or $4,314 a month. The median rent for the city is $1,058 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fredericksburg, a household making less than $3,527 a month would be considered overburdened when renting an apartment at or above the median rent. 47.69% of households who rent are overburdened in Fredericksburg.

Area Median Income In Fredericksburg

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 Fredericksburg, HUD calculates the Area Median Income for a family of four as $142,300

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 Fredericksburg

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 Fredericksburg

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 Fredericksburg AMI may qualify for rental assistance programs that target Extremely Low Income households.
$29,900 $34,200 $38,450 $42,700 $46,150 $49,550 $52,950 $56,400
50% AMI Income Limits
Renters earning up to 50% of the Fredericksburg AMI may qualify for rental assistance programs that target Very Low Income households.
$49,850 $56,950 $64,050 $71,150 $76,850 $82,550 $88,250 $93,950
80% AMI Income Limits
Renters earning up to 80% of the Fredericksburg AMI may qualify for rental assistance programs that target Low Income households.
$63,000 $72,000 $81,000 $90,000 $97,200 $104,400 $111,600 $118,800