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

Discover affordable housing in Giles County where there are 13+ 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 Giles County, 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 Giles County, Virginia Affordable Housing ↓

What HUD offices serve Giles 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) programs for Giles County, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Giles County, Virginia.

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

How many renters live in Giles County, Virginia?

The County of Giles County has 16,711 people living in 6,852 households.

There are 3,735 renters living in 1,529 renter households in this County. Renters make up 22.35 percent of the population living in Giles County.

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

There are an estimated 8,309 housing units in the Giles County area. Of these, 1,865 units are rental homes, making up 22 percent of the housing market. For every renter household in Giles County, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Giles County?

The rental vacancy rate in Giles County is 16 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 Giles County for each bedroom size?

Occupied Rental Units by Size in Giles County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
12 226 682 500 101
Occupied Rental Units by Size in Giles County

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

Among renter households in this market, 26 percent have housing cost burden. Further, 16 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 Giles County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $742 to $1,245. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $742
One BR $806
Two BR $905
Three BR $1,179
Four BR $1,245
2024 Fair Market Rents in Giles County, Virginia

How many units are rented at Fair Market Rent (FMR) in Giles 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 7 58 percent
One BR 155 69 percent
Two BR 436 64 percent
Rental Units Below FMR in Giles County, Virginia

How many affordable rental units are in Giles County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 171
Section 8 Project-Based Rental Assistance 1
Section 202 Supportive Housing for the Elderly 30
USDA Section 515 Rural Rental Housing 78
Tracked Units by Federal Program in Giles County, Virginia

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

Income Based Apartments in Giles County, Virginia

Giles County features 40 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 Giles County, Virginia

There are 94 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Giles County.

Housing Choice Vouchers in Giles County, Virginia

On average, Section 8 Housing Choice vouchers pay Giles County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Giles County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.