Low Income Apartments and Affordable Housing For Rent in Tazewell, VA

Discover affordable housing in Tazewell where there are 4+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Aspen Square

226 Aspen St, Tazewell, Virginia 24651

Tazewell Square

504 Dogwood Rd, Tazewell, Virginia 24651

Sierra Springs Apartments

392 Aspen St, Tazewell, Virginia 24651

Hillside

508 Dogwood Rd, Tazewell, Virginia 24651

How To Identify Affordable Housing in Tazewell, Virginia

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tazewell, Virginia
$17.14/hour
$5.14 (+43%) more than Virginia minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Tazewell, Virginia Affordable Housing ↓

What HUD offices serve Tazewell, Virginia?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Tazewell, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Tazewell, Virginia.

Go to the Virginia Public Housing and Low-Income Apartments Waiting Lists page for openings near Tazewell.

How many renters live in Tazewell, Virginia?

The City of Tazewell has people living in households.

There are renters living in renter households in this City. Renters make up 31.44 percent of the population living in Tazewell.

What is the rental market like in Tazewell, Virginia?

There are an estimated housing units in the Tazewell area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Tazewell, Virginia, there are 1.07 rental units.

What is the vacancy rate for rentals in Tazewell?

The rental vacancy rate in Tazewell is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Tazewell for each bedroom size?

Occupied Rental Units by Size in Tazewell
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
11 177 129 381 0
Occupied Rental Units by Size in Tazewell

A large number of apartments in Tazewell have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Tazewell

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $684 to $1,346. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $684
One BR $689
Two BR $905
Three BR $1,094
Four BR $1,346
2024 Fair Market Rents in Tazewell, Virginia

How many units are rented at Fair Market Rent (FMR) in Tazewell?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 11 100 percent
One BR 166 94 percent
Two BR 111 86 percent
Rental Units Below FMR in Tazewell, Virginia

How many affordable rental units are in Tazewell?

There are a variety of federal affordable housing programs serving households in Tazewell, Virginia including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Tazewell, Virginia

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Tazewell, Virginia

Tazewell features 120 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 Tazewell, Virginia

There are 92 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tazewell.

Housing Choice Vouchers in Tazewell, Virginia

On average, Section 8 Housing Choice vouchers pay Tazewell landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Tazewell.

The maximum amount a voucher would pay on behalf of a low-income tenant in Tazewell, Virginia for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.