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

Discover affordable housing in Lancaster County where there are 5+ 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.

Indian Creek

501 Southport Lane, Kilmarnock, Virginia 22482

Kilmarnock Village

89 School Street, Kilmarnock, Virginia 22482

Holly Court Apartments

201 Wiggins Ave #2-1 , Kilmarnock, Virginia 22482

Tartan Village II

112 Shamrock Ct, Kilmarnock, Virginia 22482

New Horizons Apartments

32 School St, Kilmarnock, Virginia 22482

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lancaster County, Virginia
$21.10/hour
$9.10 (+76%) more than Virginia minimum wage and $13.85 (+191%) more than the Federal minimum wage.
Learn More About Lancaster County, Virginia Affordable Housing ↓

What HUD offices serve Lancaster 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) programs for Lancaster County, Virginia.

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

How many renters live in Lancaster County, Virginia?

The County of Lancaster County has 10,866 people living in 5,238 households.

There are 1,936 renters living in 933 renter households in this County. Renters make up 17.82 percent of the population living in Lancaster County.

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

There are an estimated 7,452 housing units in the Lancaster County area. Of these, 1,081 units are rental homes, making up 15 percent of the housing market. For every renter household in Lancaster County, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Lancaster County?

The rental vacancy rate in Lancaster County is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

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

Occupied Rental Units by Size in Lancaster County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
46 272 224 309 51
Occupied Rental Units by Size in Lancaster County

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

How many renter households in Lancaster County are overburdened by housing costs?

Among renter households in this market, 44 percent have housing cost burden. Further, 11 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Lancaster County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $893 to $1,581. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $893
One BR $898
Two BR $1,114
Three BR $1,378
Four BR $1,581
2024 Fair Market Rents in Lancaster County, Virginia

How many units are rented at Fair Market Rent (FMR) in Lancaster 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 46 100 percent
One BR 167 61 percent
Two BR 152 68 percent
Rental Units Below FMR in Lancaster County, Virginia

How many affordable rental units are in Lancaster County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 44
Section 8 Project-Based Rental Assistance 40
Section 202 Supportive Housing for the Elderly 33
Section 811 Supportive Housing for Persons with Disabilities 14
USDA Section 515 Rural Rental Housing 44
Tracked Units by Federal Program in Lancaster County, Virginia

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

Income Based Apartments in Lancaster County, Virginia

Lancaster County features 114 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 Lancaster County, Virginia

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lancaster County.

Housing Choice Vouchers in Lancaster County, Virginia

On average, Section 8 Housing Choice vouchers pay Lancaster County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Lancaster County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lancaster County, Virginia for a two-bedroom apartment is between $1,003 and $1,225.

Sourced from federal housing data and AffordableHousingOnline.com research.