Affordable Housing In Rockbridge County
1 Low Income Apartment Communities In Rockbridge County
Housing Authorities that serve Rockbridge County
|Virginia Housing||Section 8 Housing Choice Voucher (HCV)|
|Rockbridge Area Rental Assistance Office||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Rockbridge County, Virginia
There are 1 low income housing apartment communities offering 32 affordable apartments for rent in Rockbridge County, Virginia.
Income Based Apartments in Rockbridge County, Virginia
Rockbridge County features 32 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 Rockbridge County, Virginia
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rockbridge County.
Housing Choice Vouchers in Rockbridge County, Virginia
On average, Section 8 Housing Choice vouchers pay Rockbridge County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Rockbridge County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Rockbridge County, Virginia for a two-bedroom apartment is between $693 and $847.
2021 Rockbridge 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|
|Rockbridge County, Virginia Fair Market Rent||$508||$620||$770||$1,029||$1,049|
|Rockbridge County, Virginia Payment Standard Range||$457 to $559||$558 to $682||$693 to $847||$926 to $1,132||$944 to $1,154|
Sourced from federal housing data and AffordableHousingOnline.com research.
Rockbridge County, VA Affordable Housing Snapshot
|Total Affordable Apartment Properties||1|
|Total Low Income Apartments||32|
|Total Housing Units with Rental Assistance||32|
|Percentage of Housing Units Occupied By Renters||25.67%|
|Average Renter Household Size||2.31|
|Average Household Size||2.39|
|Median Household Income||$48,901 ±$3,747|
|Median Rent||$684 ±$79|
|Percentage Of Renters Overburdened||40.13% ± 8.83pp|
Population and Household Demographics
Rockbridge County is a county in Virginia with a population of 22,444. There are 9,319 households in the county with an average household size of 2.39 persons. 25.67% of households in Rockbridge County are renters.
Income and Rent Overburden in Rockbridge County
The median gross income for households in Rockbridge County is $48,901 a year, or $4,075 a month. The median rent for the county is $684 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rockbridge County, a household making less than $2,280 a month would be considered overburdened when renting an apartment at or above the median rent. 40.13% of households who rent are overburdened in Rockbridge County.
Area Median Income In Rockbridge 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 Rockbridge County, HUD calculates the Area Median Income for a family of four as $61,200
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 Rockbridge 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 Rockbridge 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 Rockbridge County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Rockbridge County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Rockbridge County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Rockbridge County
Select A City to View its Apartment Communities and Waiting Lists.
|East Lexington||The HUD funded Public Housing Agencies that serve East Lexington are the Rockbridge Area Rental Assistance Office and Virginia Housing.|
|Glasgow||The HUD funded Public Housing Agencies that serve Glasgow are the Rockbridge Area Rental Assistance Office and Virginia Housing.|
|Goshen||The HUD funded Public Housing Agencies that serve Goshen are the Rockbridge Area Rental Assistance Office and Virginia Housing.|