Affordable Housing In Page County
Virginia

5 Low Income Apartment Communities In Page County

Luray Village

111 Sixth Street
Luray, VA
Call For Rent
1-2 BR
HCV Welcome

Rugby Square II

101 Madison Ln
Luray, VA
HCV Welcome

Massanutten Valley Apartments

F1 Ball Park Rd
Stanley, VA

Massanutten Valley

166 Massanutten Valley Rd
Stanley, VA
HCV Welcome

Autumn Ridge Apartments

404 Pocahontas Ave
Shenandoah, VA
Subsidized
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There are 5 low income housing apartment complexes which contain 188 affordable apartments for rent in Page County. Many of these rental apartments are income based housing with 34 apartments that set rent based on your income. In Page County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 154 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Page County

Housing Authority Programs
Virginia Housing Development Authority Section 8 Housing Choice Voucher (HCV)
Shenandoah County Department of Social Services Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Page County, Virginia

Page County, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 188
Total Rent Assisted Apartments 34
Percentage of Housing Units Occupied By Renters 29.62%
Average Renter Household Size 2.71
Total Population 23,843
Housing Units 9,372
Average Household Size 2.52
Median Household Income $43,895 ±$2,183
Median Rent $711 ±$58
Percentage Of Renters Overburdened 39.73% ± 7.26pp

Population and Household Demographics

Page County is a County in Virginia with a population of 23,843. There are 9,372 households in the county with an average household size of 2.52 persons. 29.62% of households in Page County are renters.

Income and Rent Overburden in Page County

The median gross income for households in Page County is $43,895 a year, or $3,658 a month. The median rent for the county is $711 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Page County, a household making less than $2,370 a month would be considered overburdened when renting an apartment at or above the median rent. 39.73% of households who rent are overburdened in Page County.1

Area Median Income In Page 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 Page County, HUD calculates the Area Median Income for a family of four as $55,200

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 Page 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 Page County HUD Rental Assistance in Page County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $33,300 $35,600 $37,900
50% of Median $20,100 $23,000 $25,850 $28,700 $31,000 $33,300 $35,600 $37,900
80% of Median $32,150 $36,750 $41,350 $45,900 $49,600 $53,250 $56,950 $60,600
Low Income Housing Tax Credits in Page County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1990 to 1998, 4 low income apartment communities containing 148 rental apartments have been constructed and made affordable to low income persons in Page County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Page County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $20,100 $23,000 $25,850 $28,700 $31,000 $33,300 $35,600 $37,900
60% of Median $24,120 $27,600 $31,020 $34,440 $37,200 $39,960 $42,720 $45,480

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Page County is $31,020 a year, or $2,585 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,585 by 30% to get a maximum rent of $776 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $503 $539 $646 $746 $833 $919
60% $603 $647 $776 $896 $999 $1,103
Fair Market Rents in Page County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$488 $602 $726 $990 $1,142

Cities In Page County

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

City Listings Served By
Stanley 2 The HUD funded Public Housing Agencies that serve Stanley are the Virginia Housing Development Authority and Shenandoah County Department of Social Services.
Luray 2 The HUD funded Public Housing Agencies that serve Luray are the Virginia Housing Development Authority and Shenandoah County Department of Social Services.
Shenandoah 1 The HUD funded Public Housing Agencies that serve Shenandoah are the Virginia Housing Development Authority and Shenandoah County Department of Social Services.