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Affordable Housing In Roanoke
Virginia

50 Low Income Apartment Communities In Roanoke

Hurt Park Revitalization

26 15th St SW
Roanoke, Virginia
Accepts Vouchers

Autumn Ridge Aka Park 21 )

2127 Fallon Ave SE
Roanoke, Virginia
Accepts Vouchers

Mccray Court Senior Living Nneo

204 9th St NW
Roanoke, Virginia
Accepts Vouchers

Hillcrest Heights

1092 Wise Ave SE
Roanoke, Virginia
Accepts Vouchers

Tenants Choice

1414 Rorer Ave SW
Roanoke, Virginia
Accepts Vouchers

Park Street Square

518 Loudon Ave NW
Roanoke, Virginia
Accepts Vouchers

Villages at Garst Creek

4356 Garst Mill Rd
Roanoke, Virginia
Accepts Vouchers

Hurt Park II

1801 Westview Ave SW
Roanoke, Virginia
Accepts Vouchers

Peters Creek II

7266 S Barrens Rd
Roanoke, Virginia
Accepts Vouchers

Terrace North

1542 Maiden Ln SW
Roanoke, Virginia
Accepts Vouchers

Housing Authorities that serve Roanoke

Housing Authority Programs
Roanoke Redevelopment and Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Public Housing Homeownership; Family Self-Sufficiency
Roanoke Total Action Against Poverty Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Roanoke, Virginia

There are 50 low income housing apartment communities offering 4,281 affordable apartments for rent in Roanoke, Virginia.

Income Based Apartments in Roanoke, Virginia

Roanoke features 2,509 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 Roanoke, Virginia

There are 1,772 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Roanoke.

Housing Choice Vouchers in Roanoke, Virginia

On average, Section 8 Housing Choice vouchers pay Roanoke landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Roanoke.

The maximum amount a voucher would pay on behalf of a low-income tenant in Roanoke, Virginia for a two-bedroom apartment is between $760 and $928.

2020 Roanoke, 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
Fair Market Rent $555 $668 $844 $1,146 $1,261
Payment Standard Range $500 to $611 $601 to $735 $760 to $928 $1,031 to $1,261 $1,135 to $1,387

Sourced from federal housing data and AffordableHousingOnline.com research.

Roanoke, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 50
Total Low Income Apartments 4,281
Total Housing Units with Rental Assistance 2,509
Percentage of Housing Units Occupied By Renters 46.29%
Average Renter Household Size 2.29
Average Household Size 2.29
Median Household Income $39,930 ±$1,326
Median Rent $728 ±$19
Percentage Of Renters Overburdened 45.56% ± 3.13pp
Total Population 98,736

Population and Household Demographics

Roanoke is a city in Virginia with a population of 98,736. There are 42,239 households in the city with an average household size of 2.29 persons. 46.29% of households in Roanoke are renters.

Income and Rent Overburden in Roanoke

The median gross income for households in Roanoke is $39,930 a year, or $3,328 a month. The median rent for the city is $728 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Roanoke, a household making less than $2,427 a month would be considered overburdened when renting an apartment at or above the median rent. 45.56% of households who rent are overburdened in Roanoke.

Area Median Income In Roanoke

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 Roanoke, HUD calculates the Area Median Income for a family of four as $76,700

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 Roanoke

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 Roanoke

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,100 $18,400 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $26,850 $30,700 $34,550 $38,350 $41,450 $44,500 $47,600 $50,650
80% of Median $42,950 $49,100 $55,250 $61,350 $66,300 $71,200 $76,100 $81,000