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Affordable Housing In Saltville
Albemarle County, Virginia

2 Low Income Apartment Communities In Saltville

Battleground Apartments

105 Battleground Ave
Saltville, Virginia
Income Based
1-2 BR
Subsidized

North Fork Manor Apartments

233 Elizabeth Street
Saltville, Virginia
Call For Rent
2-4 BR
Subsidized
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Housing Authorities that serve Saltville

Housing Authority Programs
Virginia Housing Section 8 Housing Choice Voucher (HCV)
Albemarle County Office of Housing Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Rental Assistance (PBRA)

Guide To Affordable Housing in Saltville, Virginia

There are 2 low income housing apartment communities offering 80 affordable apartments for rent in Saltville, Virginia.

Income Based Apartments in Saltville, Virginia

Saltville features 80 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 Saltville, Virginia

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

Housing Choice Vouchers in Saltville, Virginia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Saltville, Virginia for a two-bedroom apartment is between $1,139 and $1,393.

2021 Saltville, 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
Saltville, Virginia Fair Market Rent $949 $1,077 $1,266 $1,575 $1,965
Saltville, Virginia Payment Standard Range $854 to $1,044 $969 to $1,185 $1,139 to $1,393 $1,418 to $1,733 $1,769 to $2,162

Sourced from federal housing data and AffordableHousingOnline.com research.

Saltville, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 80
Total Housing Units with Rental Assistance 80
Percentage of Housing Units Occupied By Renters 29.23%
Average Renter Household Size 2.52
Average Household Size 2.56
Median Household Income $27,536 ±$4,931
Median Rent $482 ±$43
Percentage Of Renters Overburdened 23.88% ± 13.91pp
Total Population 2,343

Population and Household Demographics

Saltville is a city in Albemarle County, Virginia with a population of 2,343. There are 917 households in the city with an average household size of 2.56 persons. 29.23% of households in Saltville are renters.

Income and Rent Overburden in Saltville

The median gross income for households in Saltville is $27,536 a year, or $2,295 a month. The median rent for the city is $482 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Saltville, a household making less than $1,607 a month would be considered overburdened when renting an apartment at or above the median rent. 23.88% of households who rent are overburdened in Saltville.

Area Median Income In Saltville

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Saltville, the AMI is calculated from all households within Albemarle County.

In Saltville, HUD calculates the Area Median Income for a family of four as $93,700

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 Saltville

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 Saltville

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 Saltville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,700 $22,500 $25,300 $28,100 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Saltville AMI may qualify for rental assistance programs that target Very Low Income households.
$32,800 $37,500 $42,200 $46,850 $50,600 $54,350 $58,100 $61,850
80% AMI Income Limits
Renters earning up to 80% of the Saltville AMI may qualify for rental assistance programs that target Low Income households.
$52,500 $60,000 $67,500 $74,950 $80,950 $86,950 $92,950 $98,950