About This Property
Hickory Street Phase II offers 23 rental units in Rutland, Vermont, with 18 designated as low-income housing. The property includes nine one-bedroom and fourteen two-bedroom units designed to serve families and has been in service since 2013. This non-profit owned development is funded through CDBG and utilizes 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Rutland Housing Authority
Preferences include elderly, disabled, living and/or working in Vermont, employed, or a victim of domestic violence. Applications can be downloaded, requested by mail at (802) 775-2926, or picked up in person at 2 Tremont St, Rutland, VT 05701, then mailed or hand-delivered to 5 Tremont Street, Rutland, VT 05701.
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 May 9, 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 |
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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 Hickory Street Phase Ii is typically 30% of household income or less.
What size apartments are available at Hickory Street Phase Ii?+
Hickory Street Phase Ii offers the following unit types: 9 One-Bedroom, 14 Two-Bedroom units, for a total of 23 units.
Who is eligible to live at Hickory Street Phase Ii?+
Hickory Street Phase Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
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. Actual rent at Hickory Street Phase Ii may be lower for income-eligible households.
Is there a waitlist for Hickory Street Phase Ii?+
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.
How do I apply for housing at Hickory Street Phase Ii?+
Hickory Street Phase Ii 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 Hickory Street Phase Ii?+
Hickory Street Phase Ii is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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