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Affordable Housing In Russell County
Virginia

Housing Authorities that serve Russell County

Housing Authority Programs
Virginia Housing Section 8 Housing Choice Voucher (HCV)
Clinch Valley Community Action Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Russell County, Virginia

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Russell County, Virginia.

Income Based Apartments in Russell County, Virginia

Russell County features 0 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 Russell County, Virginia

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Russell County.

Housing Choice Vouchers in Russell County, Virginia

On average, Section 8 Housing Choice vouchers pay Russell County landlords $700 per month towards rent. The average voucher holder contributes $200 towards rent in Russell County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Russell County, Virginia for a two-bedroom apartment is between $631 and $771.

2021 Russell 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
Russell County, Virginia Fair Market Rent $472 $532 $701 $872 $951
Russell County, Virginia Payment Standard Range $425 to $519 $479 to $585 $631 to $771 $785 to $959 $856 to $1,046

Sourced from federal housing data and AffordableHousingOnline.com research.

Russell County, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 22.01%
Average Renter Household Size 2.35
Average Household Size 2.51
Median Household Income $35,045 ±$3,038
Median Rent $536 ±$25
Percentage Of Renters Overburdened 39.41% ± 8.97pp
Total Population 28,245

Population and Household Demographics

Russell County is a county in Virginia with a population of 28,245. There are 11,045 households in the county with an average household size of 2.51 persons. 22.01% of households in Russell County are renters.

Income and Rent Overburden in Russell County

The median gross income for households in Russell County is $35,045 a year, or $2,920 a month. The median rent for the county is $536 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Russell County, a household making less than $1,787 a month would be considered overburdened when renting an apartment at or above the median rent. 39.41% of households who rent are overburdened in Russell County.

Area Median Income In Russell 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 Russell County, HUD calculates the Area Median Income for a family of four as $56,000

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 Russell 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 Russell 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 Russell County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,760 $17,240 $21,720 $26,200 $30,680 $35,050 $37,450 $39,900
50% AMI Income Limits
Renters earning up to 50% of the Russell County AMI may qualify for rental assistance programs that target Very Low Income households.
$21,150 $24,200 $27,200 $30,200 $32,650 $35,050 $37,450 $39,900
80% AMI Income Limits
Renters earning up to 80% of the Russell County AMI may qualify for rental assistance programs that target Low Income households.
$33,850 $38,650 $43,500 $48,300 $52,200 $56,050 $59,900 $63,800

Cities In Russell County

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

City Served By
Castlewood The HUD funded Public Housing Agencies that serve Castlewood are the Clinch Valley Community Action and Virginia Housing.
Cleveland The HUD funded Public Housing Agencies that serve Cleveland are the Clinch Valley Community Action and Virginia Housing.
Honaker The HUD funded Public Housing Agencies that serve Honaker are the Clinch Valley Community Action and Virginia Housing.
Lebanon The HUD funded Public Housing Agencies that serve Lebanon are the Clinch Valley Community Action and Virginia Housing.
Raven The HUD funded Public Housing Agencies that serve Raven are the Clinch Valley Community Action and Virginia Housing.
St. Paul The HUD funded Public Housing Agencies that serve St. Paul are the Clinch Valley Community Action and Virginia Housing.