; Low Income Apartments For Rent in Vernon, VT

Apply to Vernon Apartment Waiting Lists

Huckle Hill Senior Housing

82 Hucklehill Rd
Vernon, Vermont
Subsidized
Rent Assisted
Senior
S. 202
LIHTC
HOME
Income Based
1-2 BR

Vernon Birches Vernon Advent Christian Home Inc

63 Stebbins Rd
Vernon, Vermont
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
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There are 0 low-income apartments in Vernon that offer reduced rents to eligible households.

Rental assistance programs support 39 low-income homes in Vernon where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on January 3rd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Vernon, Vermont

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.

Housing Authority Programs
Vermont State Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Vermont Public Housing and Low-Income Apartments Waiting Lists page for openings near Vernon.

Vernon, Vermont Affordable Housing Data

Income Based Apartments in Vernon, Vermont

Vernon features 39 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 Vernon, Vermont

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

Housing Choice Vouchers in Vernon, Vermont

On average, Section 8 Housing Choice vouchers pay Vernon landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Vernon.

The maximum amount a voucher would pay on behalf of a low-income tenant in Vernon, Vermont for a two-bedroom apartment is between $1,206 and $1,474.

2024 Vernon, Vermont 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
Vernon, Vermont Fair Market Rent $976 $1,091 $1,340 $1,655 $1,785
Vernon, Vermont Payment Standard Range $878 to $1,074 $982 to $1,200 $1,206 to $1,474 $1,490 to $1,821 $1,607 to $1,964

Sourced from federal housing data and AffordableHousingOnline.com research.

Vernon, VT Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 39
Total Housing Units with Rental Assistance 39
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Vernon is a city in Windham County, Vermont with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Vernon are renters.

Income and Rent Overburden in Vernon

The median gross income for households in Vernon is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Vernon

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 Vernon, the AMI is calculated from all households within Windham County.

In Vernon, HUD calculates the Area Median Income for a family of four as $88,200

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 Vernon

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 Vernon

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 Vernon AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,050 $21,800 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Vernon AMI may qualify for rental assistance programs that target Very Low Income households.
$31,750 $36,300 $40,850 $45,350 $49,000 $52,650 $56,250 $59,900
80% AMI Income Limits
Renters earning up to 80% of the Vernon AMI may qualify for rental assistance programs that target Low Income households.
$50,800 $58,050 $65,300 $72,550 $78,400 $84,200 $90,000 $95,800