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

Discover affordable housing in Henrico County where there are 164+ 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.

203 Brooks Rd

203 Brooks Rd, Richmond, Virginia 23223

bed 3
payment $1600/mo.

903 N 20th St Unit Apt. C

903 N 20th St Unit Apt. C, Richmond, Virginia 23223

bed 2
payment $1050/mo.

501 N 28th St Unit 501 N 28th St

501 N 28th St Unit 501 N 28th St, Richmond, Virginia 23223

bed 4
payment $2250/mo.

4911 Colwyck Dr

4911 Colwyck Dr, Richmond, Virginia 23223

bed 3
payment $1700/mo.

9741 Candace Terrace

9741 Candace Terrace, Glen Allen, Virginia 23060

bed 3
payment $1750/mo.

525 Fritz St

525 Fritz St, Richmond, Virginia 23222

bed 2
payment $1295/mo.

311 E Read St

311 E Read St, Highland Springs, Virginia 23075

bed 3
payment $1495/mo.

2423 Gordon Ln

2423 Gordon Ln, Richmond, Virginia 23223

bed 2
payment $1250/mo.

1820 N 21st St Unit B

1820 N 21st St Unit B, Richmond, Virginia 23223

bed 2
payment $1250/mo.

3916 Chamberlayne Ave Unit 6A

3916 Chamberlayne Ave Unit 6A, Richmond, Virginia 23227

bed 1
payment $895/mo.

2301 Barton Ave Unit 1

2301 Barton Ave Unit 1, Richmond, Virginia 23222

bed 2
payment $1095/mo.

1601 N 29th St

1601 N 29th St, Richmond, Virginia 23223

bed 2
payment $1250/mo.

1712 Hickory St

1712 Hickory St, Richmond, Virginia 23222

bed 3
payment $1900/mo.

3304 Barton Ave Unit Apartment A

3304 Barton Ave Unit Apartment A, Richmond, Virginia 23222

bed 2
payment $1000/mo.

2310 Waldo Ln

2310 Waldo Ln, Richmond, Virginia 23228

bed 3
payment $1795/mo.

1611 Hickory St

1611 Hickory St, Richmond, Virginia 23222

bed 2
payment $1400/mo.

1106 N 20th St

1106 N 20th St, Richmond, Virginia 23223

bed 3
payment $1800/mo.

8522 Spalding Dr

8522 Spalding Dr, Richmond, Virginia 23229

bed 3
payment $1795/mo.

619 N 32nd St Unit D

619 N 32nd St Unit D, Richmond, Virginia 23223

bed 2
payment $1395/mo.

18 Raines Ave

18 Raines Ave, Sandston, Virginia 23150

bed 3
payment $1675/mo.

How To Identify Affordable Housing in Henrico County, Virginia

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Henrico County, Virginia
$29.02/hour
$17.02 (+142%) more than Virginia minimum wage and $21.77 (+300%) more than the Federal minimum wage.
Learn More About Henrico County, Virginia Affordable Housing ↓

What HUD offices serve Henrico 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), Public Housing, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH) programs for Henrico County, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Henrico County, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Henrico County, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Henrico County, Virginia.

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

How many renters live in Henrico County, Virginia?

The County of Henrico County has people living in households.

There are renters living in renter households in this County. Renters make up 32.49 percent of the population living in Henrico County.

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

There are an estimated housing units in the Henrico County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Henrico County, Virginia, there are 1.06 rental units.

What is the vacancy rate for rentals in Henrico County?

The rental vacancy rate in Henrico County is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Henrico County for each bedroom size?

Occupied Rental Units by Size in Henrico County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,033 9,261 21,612 12,395 2,996
Occupied Rental Units by Size in Henrico County

A large number of apartments in Henrico County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Henrico County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,328 to $2,393. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,328
One BR $1,365
Two BR $1,532
Three BR $1,959
Four BR $2,393
2024 Fair Market Rents in Henrico County, Virginia

How many units are rented at Fair Market Rent (FMR) in Henrico 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 1,198 59 percent
One BR 6,191 67 percent
Two BR 13,362 62 percent
Rental Units Below FMR in Henrico County, Virginia

How many affordable rental units are in Henrico County?

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

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

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

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 590 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 $1,379 and $1,685.

Sourced from federal housing data and AffordableHousingOnline.com research.

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