Affordable Housing In Virginia Beach
Virginia

52 Low Income Apartment Communities In Virginia Beach

Atlantis Apartments

999 Atlantis Dr
Virginia Beach, Virginia
Call For Rent
1-3 BR
Subsidized

Greenlakes

3218 Green Lakes Dr
Virginia Beach, Virginia
$699-1,022
1-4 BR

The Renaissance

5130 Leonardo Way
Virginia Beach, Virginia
Call For Rent
1-3 BR

Seaside Harbor

1801 Mediterranean Avenue 5
Virginia Beach, Virginia
$735-1,010
1-3 BR
Accessible
Accessible

Two Hundred West Apartment Homes

200 Price Street
Virginia Beach, Virginia
1 BR
Accessible
Accessible
Subsidized

Friendship Village Apartments

1235 Friendship Sq
Virginia Beach, Virginia
Call For Rent
1-5 BR
Subsidized

Tranquility at the Lakes

5827 Burton Station Rd
Virginia Beach, Virginia
Call For Rent
1-2 BR
Accessible
Accessible
62+
Subsidized

Lynnhaven Landing Apartments

352 Fernwood Ct Ofc 101
Virginia Beach, Virginia
Call For Rent
1-3 BR

Summer Haven

800 Baker Road
Virginia Beach, Virginia
1 BR

Sands Apartments

6405 Auburn Dr
Virginia Beach, Virginia
Call For Rent
1-2 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Section 8 Vouchers, Apartments, and Waiting Lists in Virginia Beach, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Virginia Beach, Virginia

Housing Authority Programs
Virginia Beach Housing and Neighborhood Preservation Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Virginia Beach, Virginia

There are 52 low income housing apartment communities offering 4,723 affordable apartments for rent in Virginia Beach, Virginia.

Income Based Apartments in Virginia Beach, Virginia

Virginia Beach features 1,564 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 Virginia Beach, Virginia

There are 2,907 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Virginia Beach.

Housing Choice Vouchers in Virginia Beach, Virginia

On average, Section 8 Housing Choice vouchers pay Virginia Beach landlords $900 per month towards rent. The average voucher holder contributes $500 towards rent in Virginia Beach.

The maximum amount a voucher would pay on behalf of a low-income tenant in Virginia Beach, Virginia for a two-bedroom apartment is between $1,074 and $1,312.

2022 Virginia Beach, 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
Virginia Beach, Virginia Fair Market Rent $993 $1,015 $1,193 $1,676 $2,042
Virginia Beach, Virginia Payment Standard Range $894 to $1,092 $914 to $1,117 $1,074 to $1,312 $1,508 to $1,844 $1,838 to $2,246

Sourced from federal housing data and AffordableHousingOnline.com research.

Virginia Beach, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 52
Total Low Income Apartments 4,723
Total Housing Units with Rental Assistance 1,564
Percentage of Housing Units Occupied By Renters 36.48%
Average Renter Household Size 2.53
Average Household Size 2.63
Median Household Income $66,634 ±$918
Median Rent $1,236 ±$12
Percentage Of Renters Overburdened 51.7% ± 1.76pp
Total Population 448,290

Population and Household Demographics

Virginia Beach is a city in Virginia with a population of 448,290. There are 166,242 households in the city with an average household size of 2.63 persons. 36.48% of households in Virginia Beach are renters.

Income and Rent Overburden in Virginia Beach

The median gross income for households in Virginia Beach is $66,634 a year, or $5,553 a month. The median rent for the city is $1,236 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Virginia Beach, a household making less than $4,120 a month would be considered overburdened when renting an apartment at or above the median rent. 51.7% of households who rent are overburdened in Virginia Beach.

Area Median Income In Virginia Beach

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 Virginia Beach, HUD calculates the Area Median Income for a family of four as $93,500

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 Virginia Beach

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 Virginia Beach

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 Virginia Beach AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,650 $22,450 $25,250 $28,050 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Virginia Beach AMI may qualify for rental assistance programs that target Very Low Income households.
$32,750 $37,400 $42,100 $46,750 $50,500 $54,250 $58,000 $61,750
80% AMI Income Limits
Renters earning up to 80% of the Virginia Beach AMI may qualify for rental assistance programs that target Low Income households.
$52,400 $59,850 $67,350 $74,800 $80,800 $86,800 $92,800 $98,750