What HUD offices serve King George, 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 King George.
How many renters live in King George, Virginia?
The City of King George has people living in households.
There are renters living in renter households in this City. Renters make up 27.35 percent of the population living in King George.
What is the rental market like in King George, Virginia?
There are an estimated housing units in the King George area. Of these, units are rental homes, making up percent of the housing market. For every renter household in King George, Virginia, there are 1.12 rental units.
What is the vacancy rate for rentals in King George?
The rental vacancy rate in King George is 11 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 King George for each bedroom size?
Occupied Rental Units by Size in King George
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 14 | 8 | 129 | 195 | 110 |
Occupied Rental Units by Size in King George
A large number of apartments in King George have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in King George
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,127 to $2,376. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,127 |
| One BR | $1,134 |
| Two BR | $1,400 |
| Three BR | $1,973 |
| Four BR | $2,376 |
2024 Fair Market Rents in King George, Virginia
How many units are rented at Fair Market Rent (FMR) in King George?
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 | 8 | 100 percent |
| Two BR | 88 | 68 percent |
Rental Units Below FMR in King George, Virginia
How many affordable rental units are in King George?
There are a variety of federal affordable housing programs serving households in King George, Virginia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit |
Tracked Units by Federal Program in King George, Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in King George, Virginia
King George features 45 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 King George, Virginia
There are 179 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in King George.
Housing Choice Vouchers in King George, Virginia
On average, Section 8 Housing Choice vouchers pay King George landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in King George.
The maximum amount a voucher would pay on behalf of a low-income tenant in King George, Virginia for a two-bedroom apartment is between $1,260 and $1,540.
Sourced from federal housing data and AffordableHousingOnline.com research.
