What HUD offices serve Yorktown, 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 Yorktown.
How many renters live in Yorktown, Virginia?
The City of Yorktown has 217 people living in 120 households.
There are 51 renters living in 34 renter households in this City. Renters make up 23.5 percent of the population living in Yorktown.
What is the rental market like in Yorktown, Virginia?
There are an estimated 120 housing units in the Yorktown area. Of these, 34 units are rental homes, making up 28 percent of the housing market. For every renter household in Yorktown, Virginia, there are 1 rental units.
What is the vacancy rate for rentals in Yorktown?
The rental vacancy rate in Yorktown 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 Yorktown for each bedroom size?
Occupied Rental Units by Size in Yorktown
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 34 | 0 | 0 |
Occupied Rental Units by Size in Yorktown
A large number of apartments in Yorktown 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 Yorktown are overburdened by housing costs?
Among renter households in this market, 26 percent have housing cost burden. Further, 0 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 Yorktown
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 Yorktown, Virginia
How many units are rented at Fair Market Rent (FMR) in Yorktown?
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 |
| Two BR | 34 | 100 percent |
Rental Units Below FMR in Yorktown, Virginia
How many affordable rental units are in Yorktown?
Income Based Apartments in Yorktown, Virginia
Yorktown features 156 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 Yorktown, Virginia
There are 174 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Yorktown.
Housing Choice Vouchers in Yorktown, Virginia
On average, Section 8 Housing Choice vouchers pay Yorktown landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Yorktown.
The maximum amount a voucher would pay on behalf of a low-income tenant in Yorktown, Virginia for a two-bedroom apartment is between $1,344 and $1,642.
Sourced from federal housing data and AffordableHousingOnline.com research.
