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Affordable Housing In Henrico County
Virginia

10 Low Income Apartment Communities In Henrico County

The Greens at Virginia Center

9724 Virginia Centerway Place
Glen Allen, Virginia
$1,391-1,605
2-3 BR

Sandston Woods

1950 Betner Court
Sandston, Virginia
Call For Rent
2 BR
Subsidized

Creekside Manor

1601 Lakeside Avenue
Richmond, Virginia
$520-1,030
1-3 BR

Sandston Plateau Senior Apartments

600 E Williamsburg Rd
Sandston, Virginia
Call For Rent
1-2 BR

Woodman West

1812 Blackburn Rd E
Glen Allen, Virginia
Subsidized

Hope Village Apartments

1605 Hope Rd
Glen Allen, Virginia
Subsidized

Oakmeade Apartments

300 Airport Pl
Highland Springs, Virginia
Subsidized

Wellington Place ( Aka Seven Pi

5480 Bradley Pines Cir
Sandston, Virginia

Atlantic at Twin Hickory

5001 Hickory Park Dr
Glen Allen, Virginia

Mountain View Senior Apartments

North Juniper Avenue
Highland Springs, Virginia
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Housing Authorities that serve Henrico County

Housing Authority Programs
Virginia Housing Section 8 Housing Choice Voucher (HCV)
Central Virginia Resource Corporation - Main Section 8 Housing Choice Voucher (HCV)
Henrico Area Mental Health and Developmental Services Section 8 Housing Choice Voucher (HCV)
Richmond Redevelopment and Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Henrico County, Virginia

There are 10 low income housing apartment communities offering 1,015 affordable apartments for rent in Henrico County, Virginia.

Income Based Apartments in Henrico County, Virginia

Henrico County features 461 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 Henrico County, Virginia

There are 554 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Henrico County.

Housing Choice Vouchers in Henrico County, Virginia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Henrico County, Virginia for a two-bedroom apartment is between $1,047 and $1,279.

2021 Henrico 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
Henrico County, Virginia Fair Market Rent $993 $1,020 $1,163 $1,538 $1,840
Henrico County, Virginia Payment Standard Range $894 to $1,092 $918 to $1,122 $1,047 to $1,279 $1,384 to $1,692 $1,656 to $2,024

Sourced from federal housing data and AffordableHousingOnline.com research.

Henrico County, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 1,015
Total Housing Units with Rental Assistance 461
Percentage of Housing Units Occupied By Renters 37.12%
Average Renter Household Size 2.42
Average Household Size 2.54
Median Household Income $61,934 ±$954
Median Rent $1,035 ±$13
Percentage Of Renters Overburdened 45.42% ± 1.88pp
Total Population 318,864

Population and Household Demographics

Henrico County is a county in Virginia with a population of 318,864. There are 124,589 households in the county with an average household size of 2.54 persons. 37.12% of households in Henrico County are renters.

Income and Rent Overburden in Henrico County

The median gross income for households in Henrico County is $61,934 a year, or $5,161 a month. The median rent for the county is $1,035 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Henrico County, a household making less than $3,450 a month would be considered overburdened when renting an apartment at or above the median rent. 45.42% of households who rent are overburdened in Henrico County.

Area Median Income In Henrico 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 Henrico County, HUD calculates the Area Median Income for a family of four as $90,000

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 Henrico 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 Henrico 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 Henrico County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,900 $21,600 $24,300 $27,000 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Henrico County AMI may qualify for rental assistance programs that target Very Low Income households.
$31,500 $36,000 $40,500 $45,000 $48,600 $52,200 $55,800 $59,400
80% AMI Income Limits
Renters earning up to 80% of the Henrico County AMI may qualify for rental assistance programs that target Low Income households.
$50,400 $57,600 $64,800 $72,000 $77,800 $83,550 $89,300 $95,050

Cities In Henrico County

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

City Served By
Chamberlayne The HUD funded Public Housing Agencies that serve Chamberlayne are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Dumbarton The HUD funded Public Housing Agencies that serve Dumbarton are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
East Highland Park The HUD funded Public Housing Agencies that serve East Highland Park are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Glen Allen The HUD funded Public Housing Agencies that serve Glen Allen are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Henrico The HUD funded Public Housing Agencies that serve Henrico are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Highland Springs The HUD funded Public Housing Agencies that serve Highland Springs are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Innsbrook The HUD funded Public Housing Agencies that serve Innsbrook are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Lakeside The HUD funded Public Housing Agencies that serve Lakeside are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Laurel The HUD funded Public Housing Agencies that serve Laurel are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Montrose The HUD funded Public Housing Agencies that serve Montrose are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Sandston The HUD funded Public Housing Agencies that serve Sandston are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Short Pump The HUD funded Public Housing Agencies that serve Short Pump are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Tuckahoe The HUD funded Public Housing Agencies that serve Tuckahoe are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.
Wyndham The HUD funded Public Housing Agencies that serve Wyndham are the Virginia Housing, Central Virginia Resource Corporation - Main, Henrico Area Mental Health and Developmental Services and Richmond Redevelopment and Housing Authority.