Low Income Apartments For Rent in Winooski, VT

There are 279 low-income apartments in Winooski that offer reduced rents to eligible households. Low-income rents in Winooski, Vermont can range from $921 to $1,256 depending on the number of bedrooms.

Rental assistance programs support 356 low-income homes in Winooski where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $420 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Winooski, 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
Winooski Housing Authority	Section 8 Housing Choice Voucher (HCV); Public Housing
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 Winooski.

Winooski, Vermont Affordable Housing Data

Income Based Apartments in Winooski, Vermont

Winooski features 356 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 Winooski, Vermont

There are 279 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Winooski.

Housing Choice Vouchers in Winooski, Vermont

On average, Section 8 Housing Choice vouchers pay Winooski landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Winooski.

The maximum amount a voucher would pay on behalf of a low-income tenant in Winooski, Vermont for a two-bedroom apartment is between $1,698 and $2,076.

2024 Winooski, 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
Winooski, Vermont Fair Market Rent	$1,341	$1,441	$1,887	$2,390	$2,513
Winooski, Vermont Payment Standard Range	$1,207 to $1,475	$1,297 to $1,585	$1,698 to $2,076	$2,151 to $2,629	$2,262 to $2,764

Sourced from federal housing data and AffordableHousingOnline.com research.

Winooski, VT Affordable Housing Snapshot

Total Affordable Apartment Properties 8

Total Low Income Apartments 848

Total Housing Units with Rental Assistance 356

Percentage of Housing Units Occupied By Renters 61.14%

Average Renter Household Size 2.18

Average Household Size 2.27

Median Household Income $45,974 ±$5,315

Median Rent $1,027 ±$80

Percentage Of Renters Overburdened 56.76% ± 8.74pp

Total Population 7,223

Total Affordable Apartment Properties	8
Total Low Income Apartments	848
Total Housing Units with Rental Assistance	356
Percentage of Housing Units Occupied By Renters	61.14%
Average Renter Household Size	2.18
Average Household Size	2.27
Median Household Income	$45,974 ±$5,315
Median Rent	$1,027 ±$80
Percentage Of Renters Overburdened	56.76% ± 8.74pp
Total Population	7,223

Population and Household Demographics

Winooski is a city in Chittenden County, Vermont with a population of 7,223. There are 3,083 households in the city with an average household size of 2.27 persons. 61.14% of households in Winooski are renters.

Income and Rent Overburden in Winooski

The median gross income for households in Winooski is $45,974 a year, or $3,831 a month. The median rent for the city is $1,027 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Winooski, a household making less than $3,423 a month would be considered overburdened when renting an apartment at or above the median rent. 56.76% of households who rent are overburdened in Winooski.

Area Median Income In Winooski

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 Winooski, the AMI is calculated from all households within Chittenden County.

In Winooski, HUD calculates the Area Median Income for a family of four as $115,700

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 Winooski

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 Winooski

	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 Winooski AMI may qualify for rental assistance programs that target Extremely Low Income households.	$23,900	$27,300	$30,700	$34,100	$36,850	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Winooski AMI may qualify for rental assistance programs that target Very Low Income households.	$39,800	$45,450	$51,150	$56,800	$61,350	$65,900	$70,450	$75,000
80% AMI Income Limits Renters earning up to 80% of the Winooski AMI may qualify for rental assistance programs that target Low Income households.	$63,600	$72,700	$81,800	$90,850	$98,150	$105,400	$112,700	$119,950