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

Discover affordable housing in Montgomery County where there are 61+ 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.

Fieldstone Senior Apartments

300 Fieldstone Ln, Blacksburg, Virginia 24060

bed 1-2
payment $766/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Linden Green Apartments

1600 Simpson Rd, Christiansburg, Virginia 24073

bed 1-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Hunting Hills Apartments

3153 Hillman Ln, Christiansburg, Virginia 24060

bed 2
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Linden Grove

240 Countrie Dr, Christiansburg, Virginia 24073

bed 2-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Lantern Ridge Apartments

401 Fairfax Road, Blacksburg, Virginia 24060

bed 1-3
payment Subsidized

Grissom Lane Apartments

1325 Brighton Ct, Blacksburg, Virginia 24060

bed 2

Cedar Crest II

320 Essex Ct, Blacksburg, Virginia 24060

bed 2-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Cedar Crest I

322 Cedar Hill Dr, Blacksburg, Virginia 24060

bed 2-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Henley Place

1020 Beaver Dr, Christiansburg, Virginia 24073

bed 2-4
switch_access_shortcut Short Wait
accessibility Accessible

Huckleberry Court Townhouses

517 Virginian Dr, Christiansburg, Virginia 24073

bed 2-4
switch_access_shortcut Short Wait
accessibility Accessible

Cedar Crest III

1300 Brighton Ct, Blacksburg, Virginia 24060

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Fieldstone Apartments

300 Fieldstone Ln, Blacksburg, Virginia 24060

bed 2-3
payment $1081-1241/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Crestview Apartments

309 Pepper St SE, Christiansburg, Virginia

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Melindas Melody

100 Thaddeus Ln, Christiansburg, Virginia 24073

payment Subsidized
elderly Senior
accessibility Accessible

New River House

2607 Warm Hearth Dr, Blacksburg, Virginia 24060

switch_access_shortcut Short Wait

Trolinger House

2603 Warm Hearth Dr, Blacksburg, Virginia 24060

switch_access_shortcut Short Wait

Ellet Road

201 Fairfax Rd , Blacksburg, Virginia 24060

payment Subsidized
accessibility Accessible
accessible_forward Disability

Fourteen35 Apartments

1435 Toms Creek Rd, Blacksburg, Virginia 24060

bed 4
payment $895/mo.

330 Silver Leaf Dr NW

330 Silver Leaf Dr NW, Christiansburg, Virginia 24073

bed 3
payment $1700/mo.

1206 University Terrace

1206 University Terrace, Blacksburg, Virginia 24060

bed 4
payment $1400/mo.

How To Identify Affordable Housing in Montgomery 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 Montgomery County, Virginia
$23.88/hour
$11.88 (+99%) more than Virginia minimum wage and $16.63 (+229%) more than the Federal minimum wage.
Learn More About Montgomery County, Virginia Affordable Housing ↓

What HUD offices serve Montgomery 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 Montgomery County, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Montgomery County, Virginia.

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

How many renters live in Montgomery County, Virginia?

The County of Montgomery County has people living in households.

There are renters living in renter households in this County. Renters make up 37.23 percent of the population living in Montgomery County.

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

There are an estimated housing units in the Montgomery County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Montgomery County, Virginia, there are 1.18 rental units.

What is the vacancy rate for rentals in Montgomery County?

The rental vacancy rate in Montgomery County is 3 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 Montgomery County for each bedroom size?

Occupied Rental Units by Size in Montgomery County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
319 2,749 6,191 4,893 1,690
Occupied Rental Units by Size in Montgomery County

A large number of apartments in Montgomery 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 Montgomery County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $993 to $2,140. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $993
One BR $999
Two BR $1,261
Three BR $1,721
Four BR $2,140
2024 Fair Market Rents in Montgomery County, Virginia

How many units are rented at Fair Market Rent (FMR) in Montgomery 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 194 61 percent
One BR 1,577 57 percent
Two BR 3,519 57 percent
Rental Units Below FMR in Montgomery County, Virginia

How many affordable rental units are in Montgomery County?

There are a variety of federal affordable housing programs serving households in Montgomery 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
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Montgomery County, Virginia

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

Income Based Apartments in Montgomery County, Virginia

Montgomery County features 636 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 Montgomery County, Virginia

There are 411 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Montgomery County.

Housing Choice Vouchers in Montgomery County, Virginia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Montgomery County, Virginia for a two-bedroom apartment is between $1,135 and $1,387.

Sourced from federal housing data and AffordableHousingOnline.com research.

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