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Affordable Housing In Woodstock
Shenandoah County, Virginia

3 Low Income Apartment Communities In Woodstock

Echo Mountain Apartments

254 Lora Drive
Woodstock, Virginia
1-3 BR

Woodstock Village I & II

405 North Water Street
Woodstock, Virginia
Call For Rent
Studio-3 BR

Ridge Apartments I & II

170 E Reservoir Rd
Woodstock, Virginia
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Housing Authorities that serve Woodstock

Housing Authority Programs
Virginia Housing Section 8 Housing Choice Voucher (HCV)
Shenandoah County Department of Social Services Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Woodstock, Virginia

There are 3 low income housing apartment communities offering 134 affordable apartments for rent in Woodstock, Virginia.

Income Based Apartments in Woodstock, Virginia

Woodstock features 46 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 Woodstock, Virginia

There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Woodstock.

Housing Choice Vouchers in Woodstock, Virginia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Woodstock, Virginia for a two-bedroom apartment is between $742 and $906.

2021 Woodstock, 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
Woodstock, Virginia Fair Market Rent $544 $629 $824 $1,179 $1,346
Woodstock, Virginia Payment Standard Range $490 to $598 $566 to $692 $742 to $906 $1,061 to $1,297 $1,211 to $1,481

Sourced from federal housing data and research.

Woodstock, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 134
Total Housing Units with Rental Assistance 46
Percentage of Housing Units Occupied By Renters 43.94%
Average Renter Household Size 2.76
Average Household Size 2.36
Median Household Income $35,267 ±$5,480
Median Rent $730 ±$59
Percentage Of Renters Overburdened 54.92% ± 18.02pp
Total Population 5,181

Population and Household Demographics

Woodstock is a city in Shenandoah County, Virginia with a population of 5,181. There are 2,080 households in the city with an average household size of 2.36 persons. 43.94% of households in Woodstock are renters.

Income and Rent Overburden in Woodstock

The median gross income for households in Woodstock is $35,267 a year, or $2,939 a month. The median rent for the city is $730 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Woodstock, a household making less than $2,433 a month would be considered overburdened when renting an apartment at or above the median rent. 54.92% of households who rent are overburdened in Woodstock.

Area Median Income In Woodstock

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 Woodstock, the AMI is calculated from all households within Shenandoah County.

In Woodstock, HUD calculates the Area Median Income for a family of four as $67,900

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 Woodstock

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 Woodstock

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30% AMI Income Limits
Renters earning up to 30% of the Woodstock AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,250 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Woodstock AMI may qualify for rental assistance programs that target Very Low Income households.
$23,800 $27,200 $30,600 $33,950 $36,700 $39,400 $42,100 $44,850
80% AMI Income Limits
Renters earning up to 80% of the Woodstock AMI may qualify for rental assistance programs that target Low Income households.
$38,050 $43,450 $48,900 $54,300 $58,650 $63,000 $67,350 $71,700