Affordable Housing In Montgomery County
Virginia

23 Low Income Apartment Communities In Montgomery County

Sally's House

597 Depot St
Christiansburg, Virginia
$575
Studio BR

Fieldstone Apartments

300 Fieldstone Ln
Blacksburg, Virginia
$828-949
2-3 BR
55+
Family & Senior

Linden Grove

240 Countrie Dr
Christiansburg, Virginia
Call For Rent
2-3 BR

Cedar Crest II

320 Essex Ct
Blacksburg, Virginia
Call For Rent
2-3 BR

Grissom Lane Apartments

1325 Brighton Ct
Blacksburg, Virginia
Call For Rent
2 BR
55+

Linden Green Apartments

1600 Simpson Rd
Christiansburg, Virginia
Call For Rent
1-4 BR
Subsidized

Cedar Crest I

322 Cedar Hill Dr
Blacksburg, Virginia
Call For Rent
2-3 BR

Hunting Hills Apartments

3153 Hillman Ln
Christiansburg, Virginia
Call For Rent
2 BR
Subsidized

Henley Place

1020 Beaver Dr
Christiansburg, Virginia
Call For Rent
2-4 BR

Huckleberry Court Townhouses

517 Virginian Dr
Christiansburg, Virginia
Call For Rent
2-4 BR

Section 8 Vouchers, Apartments, and Waiting Lists in 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Montgomery County, Virginia

Housing Authority Programs
Virginia Housing Section 8 Housing Choice Voucher (HCV)
Housing Connections Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Montgomery County, Virginia

There are 23 low income housing apartment communities offering 991 affordable apartments for rent in Montgomery County, Virginia.

Income Based Apartments in Montgomery County, Virginia

Montgomery County features 584 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 407 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 $842 and $1,029.

2022 Montgomery 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
Montgomery County, Virginia Fair Market Rent $743 $801 $935 $1,328 $1,600
Montgomery County, Virginia Payment Standard Range $669 to $817 $721 to $881 $842 to $1,029 $1,195 to $1,461 $1,440 to $1,760

Sourced from federal housing data and AffordableHousingOnline.com research.

Montgomery County, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 23
Total Low Income Apartments 991
Total Housing Units with Rental Assistance 584
Percentage of Housing Units Occupied By Renters 45.76%
Average Renter Household Size 2.39
Average Household Size 2.48
Median Household Income $46,663 ±$2,521
Median Rent $861 ±$22
Percentage Of Renters Overburdened 54.14% ± 3.39pp
Total Population 96,467

Population and Household Demographics

Montgomery County is a county in Virginia with a population of 96,467. There are 35,199 households in the county with an average household size of 2.48 persons. 45.76% of households in Montgomery County are renters.

Income and Rent Overburden in Montgomery County

The median gross income for households in Montgomery County is $46,663 a year, or $3,889 a month. The median rent for the county is $861 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Montgomery County, a household making less than $2,870 a month would be considered overburdened when renting an apartment at or above the median rent. 54.14% of households who rent are overburdened in Montgomery County.

Area Median Income In Montgomery 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 Montgomery County, HUD calculates the Area Median Income for a family of four as $79,700

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 Montgomery 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 Montgomery 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 Montgomery County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,750 $19,150 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Montgomery County AMI may qualify for rental assistance programs that target Very Low Income households.
$27,900 $31,900 $35,900 $39,850 $43,050 $46,250 $49,450 $52,650
80% AMI Income Limits
Renters earning up to 80% of the Montgomery County AMI may qualify for rental assistance programs that target Low Income households.
$44,650 $51,000 $57,400 $63,750 $68,850 $73,950 $79,050 $84,150

Cities In Montgomery County

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

City Served By
Belview The HUD funded Public Housing Agencies that serve Belview are the Virginia Housing and Housing Connections.
Blacksburg The HUD funded Public Housing Agencies that serve Blacksburg are the Virginia Housing and Housing Connections.
Christiansburg The HUD funded Public Housing Agencies that serve Christiansburg are the Virginia Housing and Housing Connections.
Elliston The HUD funded Public Housing Agencies that serve Elliston are the Virginia Housing and Housing Connections.
Lafayette The HUD funded Public Housing Agencies that serve Lafayette are the Virginia Housing and Housing Connections.
Merrimac The HUD funded Public Housing Agencies that serve Merrimac are the Virginia Housing and Housing Connections.
Plum Creek The HUD funded Public Housing Agencies that serve Plum Creek are the Virginia Housing and Housing Connections.
Prices Fork The HUD funded Public Housing Agencies that serve Prices Fork are the Virginia Housing and Housing Connections.
Riner The HUD funded Public Housing Agencies that serve Riner are the Virginia Housing and Housing Connections.
Shawsville The HUD funded Public Housing Agencies that serve Shawsville are the Virginia Housing and Housing Connections.