How many renters live in West Jefferson, North Carolina?
The City of West Jefferson has 1,508 people living in 539 households.
There are 609 renters living in 242 renter households in this City. Renters make up 40.38 percent of the population living in West Jefferson.
What is the rental market like in West Jefferson, North Carolina?
There are an estimated 662 housing units in the West Jefferson area. Of these, 258 units are rental homes, making up 39 percent of the housing market. For every renter household in West Jefferson, North Carolina, there are 1 rental units.
What is the vacancy rate for rentals in West Jefferson?
The rental vacancy rate in West Jefferson is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in West Jefferson for each bedroom size?
Occupied Rental Units by Size in West Jefferson
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 2 | 69 | 91 | 51 | 18 |
Occupied Rental Units by Size in West Jefferson
A large number of apartments in West Jefferson have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in West Jefferson are overburdened by housing costs?
Among renter households in this market, 38 percent have housing cost burden. Further, 7 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in West Jefferson
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $674 to $1,224. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $674 |
| One BR | $678 |
| Two BR | $856 |
| Three BR | $1,089 |
| Four BR | $1,224 |
2024 Fair Market Rents in West Jefferson, North Carolina
How many units are rented at Fair Market Rent (FMR) in West Jefferson?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 0 | 100 percent |
| One BR | 58 | 84 percent |
| Two BR | 68 | 75 percent |
Rental Units Below FMR in West Jefferson, North Carolina
How many affordable rental units are in West Jefferson?
There are a variety of federal affordable housing programs serving households in West Jefferson, North Carolina including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 36 |
| Section 202 Supportive Housing for the Elderly | 24 |
| Section 811 Supportive Housing for Persons with Disabilities | 6 |
| USDA Section 515 Rural Rental Housing | 73 |
Tracked Units by Federal Program in West Jefferson, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in West Jefferson, North Carolina
West Jefferson features 101 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in West Jefferson, North Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in West Jefferson.
Housing Choice Vouchers in West Jefferson, North Carolina
On average, Section 8 Housing Choice vouchers pay West Jefferson landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in West Jefferson.
The maximum amount a voucher would pay on behalf of a low-income tenant in West Jefferson, North Carolina for a two-bedroom apartment is between $770 and $942.
Sourced from federal housing data and AffordableHousingOnline.com research.
