About This Property
Rio Hill offers 139 low-income units in Charlottesville serving families with a mix of 103 two-bedroom and 36 three-bedroom apartments. The property has been in service since 1995 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. Prospective residents should contact the property management for current availability and application information.
Waitlist Information
Waitlist managed by Charlottesville Redev & Housing Authority
The HCV waitlist is currently closed. CRHA is in need of additional housing to assist HCV program participants.
Waitlist data provided by section8waitlist.org
Updated September 5, 2026
Property Details
Fair Market Rent - Albemarle 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 | $1,392 |
| 1 Bedroom | $1,415 |
| 2 Bedroom | $1,678 |
| 3 Bedroom | $2,114 |
| 4 Bedroom | $2,608 |
Income Limits - Albemarle County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,700
- Very Low (50%)
- $32,800
- Low (80%)
- $52,500
- Extremely Low (30%)
- $22,500
- Very Low (50%)
- $37,500
- Low (80%)
- $60,000
- Extremely Low (30%)
- $25,300
- Very Low (50%)
- $42,200
- Low (80%)
- $67,500
- Extremely Low (30%)
- $28,100
- Very Low (50%)
- $46,850
- Low (80%)
- $74,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $50,600
- Low (80%)
- $80,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,350
- Low (80%)
- $86,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $58,100
- Low (80%)
- $92,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $61,850
- Low (80%)
- $98,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,700 | $32,800 | $52,500 |
| 2 Persons | $22,500 | $37,500 | $60,000 |
| 3 Persons | $25,300 | $42,200 | $67,500 |
| 4 Persons | $28,100 | $46,850 | $74,950 |
| 5 Persons | $31,040 | $50,600 | $80,950 |
| 6 Persons | $35,580 | $54,350 | $86,950 |
| 7 Persons | $40,120 | $58,100 | $92,950 |
| 8 Persons | $44,660 | $61,850 | $98,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Charlottesville, VA?+
The Fair Market Rent (FMR) for Albemarle County, VA is: $1392 (Studio), $1415 (1BR), $1678 (2BR), $2114 (3BR), $2608 (4BR). Actual rent at subsidized properties like Rio Hill is typically 30% of household income or less.
What size apartments are available at Rio Hill?+
Rio Hill offers the following unit types: 103 Two-Bedroom, 36 Three-Bedroom units, for a total of 139 units.
Who is eligible to live at Rio Hill?+
Rio Hill primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Charlottesville, VA?+
Based on Fair Market Rent for Albemarle County, the estimated price range is: 2-bedroom: $1678, 3-bedroom: $2114. Actual rent at Rio Hill may be lower for income-eligible households.
Who manages Rio Hill?+
Rio Hill is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Albemarle County, VA?+
For a 4-person household in Albemarle County, VA, the income limits are: Extremely Low Income (30% AMI): $28,100, Very Low Income (50% AMI): $46,850, Low Income (80% AMI): $74,950. These limits are set by HUD and updated annually.
How do I apply for housing at Rio Hill?+
Rio Hill 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.
Is there a waitlist for Rio Hill?+
Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date 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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