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Affordable Housing In Isle of Wight County
Virginia

9 Low Income Apartment Communities In Isle of Wight County

Bradford Mews

100 Cattail Ln
Smithfield, Virginia
$865-990
2-3 BR

Windsor Court I & II

103 Georgie D'Tyler Drive
Windsor, Virginia
Call For Rent
1-2 BR

Woods Edge

764 Wrenn Road
Smithfield, Virginia
Call For Rent
1-3 BR
Subsidized

Church Manor

513 Main St, #B-12
Smithfield, Virginia
Call For Rent
1-3 BR

Cedar Street

545 Cedar Street
Smithfield, Virginia
Call For Rent
2 BR

Jersey Park Apartments

775 Wrenn Rd
Smithfield, Virginia
Subsidized

Covenant Place

601 Cedar St
Smithfield, Virginia
Subsidized
62+
Accessible
Elderly Supportive Housing

Windsor Court Apts

101 Georgie D Tyler Dr
Windsor, Virginia

Windsor Ct II Apts

101 Georgie D Tyler Dr
Windsor, Virginia
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Housing Authorities that serve Isle of Wight County

Housing Authority Programs
Suffolk Redevelopment and Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Isle of Wight County, Virginia

There are 9 low income housing apartment communities offering 478 affordable apartments for rent in Isle of Wight County, Virginia.

Income Based Apartments in Isle of Wight County, Virginia

Isle of Wight County features 320 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 Isle of Wight County, Virginia

There are 158 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Isle of Wight County.

Housing Choice Vouchers in Isle of Wight County, Virginia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Isle of Wight County, Virginia for a two-bedroom apartment is between $1,032 and $1,262.

2021 Isle of Wight 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
Isle of Wight County, Virginia Fair Market Rent $960 $972 $1,147 $1,618 $1,986
Isle of Wight County, Virginia Payment Standard Range $864 to $1,056 $875 to $1,069 $1,032 to $1,262 $1,456 to $1,780 $1,787 to $2,185

Sourced from federal housing data and AffordableHousingOnline.com research.

Isle of Wight County, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 478
Total Housing Units with Rental Assistance 320
Percentage of Housing Units Occupied By Renters 21.93%
Average Renter Household Size 2.48
Average Household Size 2.57
Median Household Income $65,741 ±$3,250
Median Rent $959 ±$111
Percentage Of Renters Overburdened 43.34% ± 6.71pp
Total Population 35,740

Population and Household Demographics

Isle of Wight County is a county in Virginia with a population of 35,740. There are 13,769 households in the county with an average household size of 2.57 persons. 21.93% of households in Isle of Wight County are renters.

Income and Rent Overburden in Isle of Wight County

The median gross income for households in Isle of Wight County is $65,741 a year, or $5,478 a month. The median rent for the county is $959 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Isle of Wight County, a household making less than $3,197 a month would be considered overburdened when renting an apartment at or above the median rent. 43.34% of households who rent are overburdened in Isle of Wight County.

Area Median Income In Isle of Wight 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 Isle of Wight County, HUD calculates the Area Median Income for a family of four as $84,500

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 Isle of Wight 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 Isle of Wight 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 Isle of Wight County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,750 $20,300 $22,850 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Isle of Wight County AMI may qualify for rental assistance programs that target Very Low Income households.
$29,600 $33,800 $38,050 $42,250 $45,650 $49,050 $52,400 $55,800
80% AMI Income Limits
Renters earning up to 80% of the Isle of Wight County AMI may qualify for rental assistance programs that target Low Income households.
$47,350 $54,100 $60,850 $67,600 $73,050 $78,450 $83,850 $89,250

Cities In Isle of Wight County

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

City Served By
Benns Church The HUD funded Public Housing Agency that serves Benns Church is the Suffolk Redevelopment and Housing Authority.
Camptown The HUD funded Public Housing Agency that serves Camptown is the Suffolk Redevelopment and Housing Authority.
Carrollton The HUD funded Public Housing Agency that serves Carrollton is the Suffolk Redevelopment and Housing Authority.
Carrsville The HUD funded Public Housing Agency that serves Carrsville is the Suffolk Redevelopment and Housing Authority.
Rushmere The HUD funded Public Housing Agency that serves Rushmere is the Suffolk Redevelopment and Housing Authority.
Smithfield The HUD funded Public Housing Agency that serves Smithfield is the Suffolk Redevelopment and Housing Authority.
Windsor The HUD funded Public Housing Agency that serves Windsor is the Suffolk Redevelopment and Housing Authority.