; Low Income Apartments For Rent in Damascus, VA

Settlers Point

32140 Plymouth Ct #700
Damascus, Virginia
Subsidized
PBRA
BMIR

Oak Knoll Apartments

115 Backer Ln
Damascus, Virginia
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Woods Landing Apartments

615 Mock Avenue
Damascus, Virginia
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Riverside Place

505 S Shady Ave
Damascus, Virginia
Rent Assisted
LIHTC
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There are 22 low-income apartments in Damascus that offer reduced rents to eligible households.

Rental assistance programs support 123 low-income homes in Damascus where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $321 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.

Damascus, Virginia Affordable Housing Data

Income Based Apartments in Damascus, Virginia

Damascus features 123 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 Damascus, Virginia

There are 22 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Damascus.

Housing Choice Vouchers in Damascus, Virginia

On average, Section 8 Housing Choice vouchers pay Damascus landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Damascus.

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

2024 Damascus, 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
Damascus, Virginia Fair Market Rent $677 $717 $905 $1,179 $1,335
Damascus, Virginia Payment Standard Range $609 to $745 $645 to $789 $815 to $996 $1,061 to $1,297 $1,202 to $1,469

Sourced from federal housing data and AffordableHousingOnline.com research.

Damascus, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 145
Total Housing Units with Rental Assistance 123
Percentage of Housing Units Occupied By Renters 51.21%
Average Renter Household Size 2.02
Average Household Size 2.05
Median Household Income $23,934 ±$3,786
Median Rent $533 ±$274
Percentage Of Renters Overburdened 58.95% ± 20.58pp
Total Population 759

Population and Household Demographics

Damascus is a city in Washington County, Virginia with a population of 759. There are 371 households in the city with an average household size of 2.05 persons. 51.21% of households in Damascus are renters.

Income and Rent Overburden in Damascus

The median gross income for households in Damascus is $23,934 a year, or $1,995 a month. The median rent for the city is $533 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Damascus, a household making less than $1,777 a month would be considered overburdened when renting an apartment at or above the median rent. 58.95% of households who rent are overburdened in Damascus.

Area Median Income In Damascus

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 Damascus, the AMI is calculated from all households within Washington County.

In Damascus, HUD calculates the Area Median Income for a family of four as $74,600

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 Damascus

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 Damascus

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 Damascus AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,850 $19,720 $24,860 $30,000 $35,140 $40,280 $43,750 $46,550
50% AMI Income Limits
Renters earning up to 50% of the Damascus AMI may qualify for rental assistance programs that target Very Low Income households.
$24,700 $28,200 $31,750 $35,250 $38,100 $40,900 $43,750 $46,550
80% AMI Income Limits
Renters earning up to 80% of the Damascus AMI may qualify for rental assistance programs that target Low Income households.
$39,500 $45,150 $50,800 $56,400 $60,950 $65,450 $69,950 $74,450