Amherst Acres #2 — Income-Restricted Housing in Amherst, VA 24521

606 Walnut St, Amherst, VA 24521

Tax credit

5 units · 3 BR

Directions

How to apply

  1. No phone is listed. Try visiting the property or asking the city housing office how to apply.
  2. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
1991
Bedrooms
5 3 bedrooms

Map loads here…

This buildingNearbyOpen a pin for the building name.

Nearby income-restricted buildings

Rents and income limits in 24521

Fair market rent, 2 bedrooms
$1,650/mo
Income needed to pay it at 30% of income
$66,000/yr
Renters in 24521 paying 30% or more of income on rent
44%

Income limits (2026)

Lynchburg, VA area · median family income $88,300. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$18,550$30,950$49,500
2$21,640$35,350$56,550
3$27,320$39,750$63,600
4$33,000$44,150$70,650
5$38,680$47,700$76,350
6$44,360$51,250$82,000
7$50,040$54,750$87,650
8$55,720$58,300$93,300

Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.

Fair market rents (2027)

HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.

Size24521Wider area
Studio$1,280$965
1 bedroom$1,450$971
2 bedrooms$1,650$1,117
3 bedrooms$2,000$1,547
4 bedrooms$2,460$1,678

Wider area = Lynchburg, VA. Two-bedroom fair market rents in 4 nearby ZIPs range from $1,070 (24595) to $1,650 (22922).

Census figures for 24521 (2020–2024 average): median rent $846. Median household income $73,571. 18% of homes are rented. 44% of renters pay 30% or more of their income on rent, and 25% pay half or more.

Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.

Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.

Estimate your Section 8 rent share

Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 24521's fair market rent.

Estimate your Section 8 rent share for 24521

Frequently Asked Questions

How do I apply to Amherst Acres #2?

No phone is listed for Amherst Acres #2. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.

Is Amherst Acres #2 Section 8 housing?

Amherst Acres #2 is listed as income-restricted housing in Amherst, VA 24521 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.

How many units are at Amherst Acres #2?

Public records list 5 units at Amherst Acres #2 in Amherst, VA 24521. That is a building size, not a count of open apartments.

Are there other affordable apartments near Amherst Acres #2?

Yes — this page lists other income-restricted buildings in 24521 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.

People Also Ask

How do I get into Amherst Acres #2?

Call the number on this page and ask about the waiting list or how to apply at Amherst Acres #2 in Amherst, VA 24521. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.

How do I qualify for affordable housing in Amherst, VA 24521?

Most income-restricted buildings in Amherst, VA 24521 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $30,950, and $44,150 for a 4-person household. Public housing can go up to 80% ($49,500 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.

What is the income limit for low-income housing in Amherst, VA 24521?

For many programs in Amherst, VA 24521, the 2026 HUD very low-income (50%) limit is $30,950 a year for 1 person and $44,150 for 4 people. The low-income (80%) limit is $49,500 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.

How much rent do you pay for low-income housing in Amherst, VA 24521?

In public housing and most Section 8 in Amherst, VA 24521, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Amherst, VA 24521 is $1,650 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.

Does Amherst Acres #2 take Section 8 vouchers?

This file does not say that Amherst Acres #2 has a project-based Section 8 contract. Some landlords in Amherst, VA 24521 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Amherst Acres #2.

Sources: HUD LIHTC database, 2024 (released Apr 2026); USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.