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Affordable Housing In Hillsville
Carroll County, Virginia

4 Low Income Apartment Communities In Hillsville

Laurel Ridge

620 W Grayson St
Hillsville, Virginia
Call For Rent
1-4 BR
Subsidized

Westview Terrace Apartments

167 Howlett Street
Hillsville, Virginia
Call For Rent
2-3 BR

Carroll House

56 Carroll House Ln
Hillsville, Virginia
Subsidized

Briarleigh Court ( Aka Highway

1338 N Main St
Hillsville, Virginia
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Housing Authorities that serve Hillsville

Housing Authority Programs
Rooftop of Virginia Community Action Program Section 8 Housing Choice Voucher (HCV)
Virginia Housing Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Hillsville, Virginia

There are 4 low income housing apartment communities offering 156 affordable apartments for rent in Hillsville, Virginia.

Income Based Apartments in Hillsville, Virginia

Hillsville features 68 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 Hillsville, Virginia

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hillsville.

Housing Choice Vouchers in Hillsville, Virginia

On average, Section 8 Housing Choice vouchers pay Hillsville landlords $700 per month towards rent. The average voucher holder contributes $200 towards rent in Hillsville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hillsville, Virginia for a two-bedroom apartment is between $631 and $771.

2021 Hillsville, 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
Hillsville, Virginia Fair Market Rent $472 $615 $701 $947 $966
Hillsville, Virginia Payment Standard Range $425 to $519 $554 to $677 $631 to $771 $852 to $1,042 $869 to $1,063

Sourced from federal housing data and AffordableHousingOnline.com research.

Hillsville, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 156
Total Housing Units with Rental Assistance 68
Percentage of Housing Units Occupied By Renters 47.71%
Average Renter Household Size 1.68
Average Household Size 1.99
Median Household Income $30,008 ±$5,774
Median Rent $502 ±$40
Percentage Of Renters Overburdened 38.52% ± 20.28pp
Total Population 2,701

Population and Household Demographics

Hillsville is a city in Carroll County, Virginia with a population of 2,701. There are 1,333 households in the city with an average household size of 1.99 persons. 47.71% of households in Hillsville are renters.

Income and Rent Overburden in Hillsville

The median gross income for households in Hillsville is $30,008 a year, or $2,501 a month. The median rent for the city is $502 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hillsville, a household making less than $1,673 a month would be considered overburdened when renting an apartment at or above the median rent. 38.52% of households who rent are overburdened in Hillsville.

Area Median Income In Hillsville

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Hillsville, the AMI is calculated from all households within Carroll County.

In Hillsville, HUD calculates the Area Median Income for a family of four as $54,600

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 Hillsville

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 Hillsville

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 Hillsville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $31,040 $34,650 $37,050 $39,450
50% AMI Income Limits
Renters earning up to 50% of the Hillsville AMI may qualify for rental assistance programs that target Very Low Income households.
$20,900 $23,900 $26,900 $29,850 $32,250 $34,650 $37,050 $39,450
80% AMI Income Limits
Renters earning up to 80% of the Hillsville AMI may qualify for rental assistance programs that target Low Income households.
$33,450 $38,200 $43,000 $47,750 $51,600 $55,400 $59,250 $63,050