About This Property
Forest Park Phase I contains 33 apartments in Rutland, Vermont, with 26 units designated as low-income housing. The property opened in 2011 and offers a mix of one- to four-bedroom units serving families, including 6 one-bedroom, 14 two-bedroom, 11 three-bedroom, and 2 four-bedroom apartments. This non-profit owned development was financed through HOME and CDBG funding and utilizes 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Rutland Housing Authority
Application involves downloading and printing online, requesting by mail (802-775-2926), or picking up in-person at 2 Tremont St, Rutland, VT 05701; completed forms must be mailed or hand delivered to 5 Tremont Street, Rutland, VT 05701. Preferences include elderly, disabled, living/working in Vermont, employed, or victim of domestic violence.
Eligibility is determined by household income (30-80% of median income for Rutland County), citizenship/immigration status, and local preferences. Disqualification can occur for criminal activity, owing debt to a HUD-subsidized program, or adverse tenancy history.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Rutland County, VT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $991 |
| 1 Bedroom | $997 |
| 2 Bedroom | $1,224 |
| 3 Bedroom | $1,561 |
| 4 Bedroom | $2,004 |
Income Limits - Rutland County, VT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,450
- Very Low (50%)
- $27,450
- Low (80%)
- $43,900
- Extremely Low (30%)
- $18,800
- Very Low (50%)
- $31,350
- Low (80%)
- $50,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,250
- Low (80%)
- $56,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,300
- Low (80%)
- $67,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,450
- Low (80%)
- $72,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,550
- Low (80%)
- $77,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,700
- Low (80%)
- $82,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,450 | $27,450 | $43,900 |
| 2 Persons | $18,800 | $31,350 | $50,150 |
| 3 Persons | $21,960 | $35,250 | $56,400 |
| 4 Persons | $26,500 | $39,150 | $62,650 |
| 5 Persons | $31,040 | $42,300 | $67,700 |
| 6 Persons | $35,580 | $45,450 | $72,700 |
| 7 Persons | $40,120 | $48,550 | $77,700 |
| 8 Persons | $44,660 | $51,700 | $82,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rutland, VT?+
The Fair Market Rent (FMR) for Rutland County, VT is: $991 (Studio), $997 (1BR), $1224 (2BR), $1561 (3BR), $2004 (4BR). Actual rent at subsidized properties like Forest Park Phase I is typically 30% of household income or less.
What size apartments are available at Forest Park Phase I?+
Forest Park Phase I offers the following unit types: 6 One-Bedroom, 14 Two-Bedroom, 11 Three-Bedroom, 2 Four-Bedroom units, for a total of 33 units.
Is there a waitlist for Forest Park Phase I?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Rutland, VT?+
Based on Fair Market Rent for Rutland County, the estimated price range is: 1-bedroom: $997, 2-bedroom: $1224, 3-bedroom: $1561. Actual rent at Forest Park Phase I may be lower for income-eligible households.
How do I apply for housing at Forest Park Phase I?+
Forest Park Phase I is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Forest Park Phase I?+
Forest Park Phase I is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Rutland County, VT?+
For a 4-person household in Rutland County, VT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,150, Low Income (80% AMI): $62,650. These limits are set by HUD and updated annually.
Who is eligible to live at Forest Park Phase I?+
Forest Park Phase I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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