What HUD offices serve Gloucester, 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.
Go to the Virginia Public Housing and Low-Income Apartments Waiting Lists page for openings near Gloucester.
How many renters live in Gloucester, Virginia?
The City of Gloucester has 3,513 people living in 1,244 households.
There are 399 renters living in 246 renter households in this City. Renters make up 11.36 percent of the population living in Gloucester.
What is the rental market like in Gloucester, Virginia?
There are an estimated 1,359 housing units in the Gloucester area. Of these, 302 units are rental homes, making up 22 percent of the housing market. For every renter household in Gloucester, Virginia, there are 1 rental units.
What is the vacancy rate for rentals in Gloucester?
The rental vacancy rate in Gloucester is 19 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 Gloucester for each bedroom size?
Occupied Rental Units by Size in Gloucester
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 12 | 122 | 40 | 60 | 0 |
Occupied Rental Units by Size in Gloucester
A large number of apartments in Gloucester 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 Gloucester are overburdened by housing costs?
Among renter households in this market, 49 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 Gloucester
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,279 to $2,532. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,279 |
| One BR | $1,287 |
| Two BR | $1,493 |
| Three BR | $2,079 |
| Four BR | $2,532 |
2024 Fair Market Rents in Gloucester, Virginia
How many units are rented at Fair Market Rent (FMR) in Gloucester?
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 | 12 | 100 percent |
| One BR | 117 | 96 percent |
| Two BR | 31 | 78 percent |
Rental Units Below FMR in Gloucester, Virginia
How many affordable rental units are in Gloucester?
There are a variety of federal affordable housing programs serving households in Gloucester, Virginia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 32 |
| Section 811 Supportive Housing for Persons with Disabilities | 12 |
| USDA Section 515 Rural Rental Housing | 32 |
Tracked Units by Federal Program in Gloucester, Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Gloucester, Virginia
Gloucester features 96 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 Gloucester, Virginia
There are 218 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gloucester.
Housing Choice Vouchers in Gloucester, Virginia
On average, Section 8 Housing Choice vouchers pay Gloucester landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Gloucester.
The maximum amount a voucher would pay on behalf of a low-income tenant in Gloucester, Virginia for a two-bedroom apartment is between $1,344 and $1,642.
Sourced from federal housing data and AffordableHousingOnline.com research.
