Amherst Acres #2 — Income-Restricted Housing in Amherst, VA 24521
606 Walnut St, Amherst, VA 24521
5 units · 3 BR
How to apply
- No phone is listed. Try visiting the property or asking the city housing office how to apply.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 1991
- Bedrooms
- 5 3 bedrooms
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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.
| People | Extremely 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.
| Size | 24521 | Wider 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 24521Frequently 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.