1420 HULL ST STE A, RICHMOND, VA, 23224
Fair Market Rent - Richmond City County, VA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,328 |
| 1 Bedroom | $1,365 |
| 2 Bedroom | $1,532 |
| 3 Bedroom | $1,959 |
| 4 Bedroom | $2,393 |
Income Limits - Richmond City County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,900
- Very Low (50%)
- $31,500
- Low (80%)
- $50,400
- Extremely Low (30%)
- $21,600
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $24,300
- Very Low (50%)
- $40,500
- Low (80%)
- $64,800
- Extremely Low (30%)
- $27,000
- Very Low (50%)
- $45,000
- Low (80%)
- $72,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,600
- Low (80%)
- $77,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,200
- Low (80%)
- $83,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,800
- Low (80%)
- $89,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,400
- Low (80%)
- $95,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,900 | $31,500 | $50,400 |
| 2 Persons | $21,600 | $36,000 | $57,600 |
| 3 Persons | $24,300 | $40,500 | $64,800 |
| 4 Persons | $27,000 | $45,000 | $72,000 |
| 5 Persons | $31,040 | $48,600 | $77,800 |
| 6 Persons | $35,580 | $52,200 | $83,550 |
| 7 Persons | $40,120 | $55,800 | $89,300 |
| 8 Persons | $44,660 | $59,400 | $95,050 |
Frequently Asked Questions About Housing in Richmond, VA
How many affordable housing options are in Richmond, Virginia?+
There are 107 affordable housing properties in Richmond, Virginia, including 14 public housing, 91 Low-Income Housing Tax Credit (LIHTC), 2 housing authority listings. Browse the full list above to find options that fit your needs.
What is the average rent for affordable housing in Richmond, Virginia?+
The average rent for affordable housing in Richmond, Virginia is approximately $285 per month. Actual rent may be lower based on your income level and the specific housing program. Most subsidized housing charges tenants 30% of their adjusted gross income.
How do I apply for Section 8 housing in Richmond, Virginia?+
To apply for Section 8 (Housing Choice Voucher) in Richmond, Virginia, contact your local housing authority. You can browse the housing authority listings on this page to find contact information. Applications are typically accepted when the waitlist is open. Eligibility is based on income (generally below 50% of Area Median Income), family size, and citizenship status.
What are the income limits for affordable housing in Richmond City County, Virginia?+
For a 4-person household in Richmond City County, Virginia, the income limits are: Extremely Low Income (30% AMI): $27,000, Very Low Income (50% AMI): $45,000, Low Income (80% AMI): $72,000. Income limits vary by household size and are updated annually by HUD.
Are there open waitlists for affordable housing in Richmond, Virginia?+
Currently, no housing authority waitlists are reported as open in Richmond, Virginia. However, waitlists open and close regularly. We recommend contacting the housing authorities directly for the most current status, or checking back frequently as we update this information regularly.
What types of affordable housing are available in Richmond, Virginia?+
Richmond, Virginia has the following types of affordable housing: Public Housing (government-owned units with income-based rent); LIHTC properties (privately owned, tax-credit funded affordable apartments); Housing Authorities (administering Section 8 vouchers and public housing). Each program has different eligibility requirements and application processes.
What is the population of Richmond, Virginia?+
Richmond, Virginia has an estimated population of 1,025,117. With 107 affordable housing properties serving the area, there are housing assistance options available for eligible residents.