Low Income Apartments and Affordable Housing For Rent in Coeburn, VA

Discover affordable housing in Coeburn where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Sheffield Acres Apt

12132 Retford Road, Coeburn, Virginia

Litchfield Manor

101 Litchfield St NW, Coeburn, Virginia 24230

calendar_today Opened: Oct 9
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Coeburn, Virginia
$17.14/hour
$5.14 (+43%) more than Virginia minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Coeburn, Virginia Affordable Housing ↓

What HUD offices serve Coeburn, Virginia?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Coeburn, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Coeburn, Virginia.

Go to the Virginia Public Housing and Low-Income Apartments Waiting Lists page for openings near Coeburn.

How many renters live in Coeburn, Virginia?

The City of Coeburn has 1,533 people living in 670 households.

There are 512 renters living in 226 renter households in this City. Renters make up 33.4 percent of the population living in Coeburn.

What is the rental market like in Coeburn, Virginia?

There are an estimated 796 housing units in the Coeburn area. Of these, 247 units are rental homes, making up 31 percent of the housing market. For every renter household in Coeburn, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Coeburn?

The rental vacancy rate in Coeburn is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Coeburn for each bedroom size?

Occupied Rental Units by Size in Coeburn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
16 14 96 38 54
Occupied Rental Units by Size in Coeburn

A large number of apartments in Coeburn 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 Coeburn are overburdened by housing costs?

Among renter households in this market, 37 percent have housing cost burden. Further, 13 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 Coeburn

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $730 to $1,536. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $730
One BR $734
Two BR $905
Three BR $1,234
Four BR $1,536
2024 Fair Market Rents in Coeburn, Virginia

How many units are rented at Fair Market Rent (FMR) in Coeburn?

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 14 100 percent
Two BR 52 54 percent
Rental Units Below FMR in Coeburn, Virginia

How many affordable rental units are in Coeburn?

There are a variety of federal affordable housing programs serving households in Coeburn, Virginia including the following:

Federal Program Unit Count
Public Housing 56
Tracked Units by Federal Program in Coeburn, Virginia

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Coeburn, Virginia

Coeburn features 113 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 Coeburn, Virginia

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coeburn.

Housing Choice Vouchers in Coeburn, Virginia

On average, Section 8 Housing Choice vouchers pay Coeburn landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Coeburn.

The maximum amount a voucher would pay on behalf of a low-income tenant in Coeburn, Virginia for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.