Affordable Housing In Greene County
Virginia

1 Low Income Apartment Communities In Greene County

Bailey Court

52 Village Rd
Stanardsville, Virginia
$697-806
1-2 BR
Accepts Vouchers
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Guide To Affordable Housing in Greene County, Virginia

There are 1 low income housing apartment communities offering 32 affordable apartments for rent in Greene County, Virginia.

Income Based Apartments in Greene County, Virginia

Greene County features 0 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 Greene County, Virginia

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greene County.

Housing Choice Vouchers in Greene County, Virginia

On average, Section 8 Housing Choice vouchers pay Greene County landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Greene County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Greene County, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 32
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 22.49%
Average Renter Household Size 2.41
Average Household Size 2.64
Median Household Income $61,550 ±$5,109
Median Rent $928 ±$128
Percentage Of Renters Overburdened 27.77% ± 6.65pp
Total Population 18,938

Population and Household Demographics

Greene County is a County in Virginia with a population of 18,938. There are 7,111 households in the county with an average household size of 2.64 persons. 22.49% of households in Greene County are renters.

Income and Rent Overburden in Greene County

The median gross income for households in Greene County is $61,550 a year, or $5,129 a month. The median rent for the county is $928 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Greene County, a household making less than $3,093 a month would be considered overburdened when renting an apartment at or above the median rent. 27.77% of households who rent are overburdened in Greene County.1

Area Median Income In Greene 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 Greene County, HUD calculates the Area Median Income for a family of four as $89,400

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 Greene 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 Greene County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,800 $21,450 $24,150 $26,800 $30,170 $34,590 $39,010 $43,430
50% of Median $31,300 $35,800 $40,250 $44,700 $48,300 $51,900 $55,450 $59,050
80% of Median $50,050 $57,200 $64,350 $71,500 $77,250 $82,950 $88,700 $94,400

Cities In Greene County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Stanardsville 1 The HUD funded Public Housing Agencies that serve Stanardsville are the Virginia Housing Development Authority and Albemarle County Office of Housing.
Ruckersville 0