Low Income Apartments and Affordable Housing For Rent in Prince George County, VA

Discover affordable housing in Prince George County where there are 3+ 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.

Puddledock Place I

4270 Anne Terrace, Prince George, Virginia 23875

Puddledock Place II

4270 Anne Terrace, Prince George, Virginia 23875

Baileys Ridge

4750 Baileys Ridge Ln, Prince George, Virginia 23875

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Prince George County, Virginia
$29.02/hour
$17.02 (+142%) more than Virginia minimum wage and $21.77 (+300%) more than the Federal minimum wage.
Learn More About Prince George County, Virginia Affordable Housing ↓

What HUD offices serve Prince George County, 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) programs for Prince George County, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Prince George County, Virginia.

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

How many renters live in Prince George County, Virginia?

The County of Prince George County has 42,634 people living in 12,808 households.

There are 12,049 renters living in 3,726 renter households in this County. Renters make up 28.26 percent of the population living in Prince George County.

What is the rental market like in Prince George County, Virginia?

There are an estimated 13,344 housing units in the Prince George County area. Of these, 3,910 units are rental homes, making up 29 percent of the housing market. For every renter household in Prince George County, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Prince George County?

The rental vacancy rate in Prince George County is 4 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 Prince George County for each bedroom size?

Occupied Rental Units by Size in Prince George County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
10 134 868 1,911 640
Occupied Rental Units by Size in Prince George County

A large number of apartments in Prince George County 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 Prince George County are overburdened by housing costs?

Among renter households in this market, 41 percent have housing cost burden. Further, 16 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 Prince George County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,328 to $2,393. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,328
One BR $1,365
Two BR $1,532
Three BR $1,959
Four BR $2,393
2024 Fair Market Rents in Prince George County, Virginia

How many units are rented at Fair Market Rent (FMR) in Prince George County?

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 10 100 percent
One BR 119 89 percent
Two BR 697 80 percent
Rental Units Below FMR in Prince George County, Virginia

How many affordable rental units are in Prince George County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 312
Tracked Units by Federal Program in Prince George County, Virginia

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

Income Based Apartments in Prince George County, Virginia

Prince George County features 0 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 Prince George County, Virginia

There are 324 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Prince George County.

Housing Choice Vouchers in Prince George County, Virginia

On average, Section 8 Housing Choice vouchers pay Prince George County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Prince George County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Prince George County, Virginia for a two-bedroom apartment is between $1,379 and $1,685.

Sourced from federal housing data and AffordableHousingOnline.com research.