Low Income Apartments and Affordable Housing For Rent in Romney, WV

Discover affordable housing in Romney where there are 8+ 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.

Romney Unity Apartments

250 Fairfax St, Romney, West Virginia 26757

Beth Place Apartments CO Hrde

675 Kurkendall St, Romney, West Virginia 0

Muirwood Greene

55 Muirwood Greene Dr., Romney, West Virginia 26757

Muirwood Greene Ltd

HC 64, Romney, West Virginia 26757

Silvertree of Romney II C/O Property Mgmt.

450 Depot St, Romney, West Virginia

Beth Place Apt C/O Hrde

675 Kurkendall St, Romney, West Virginia

Silvertree of Romney I C/O Property Mgmt.

450 Depot St, Romney, West Virginia

Valley View Apartments

101 Valley View Dr, Romney, West Virginia 26757

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Romney, West Virginia
$26.33/hour
$17.58 (+201%) more than West Virginia minimum wage and $19.08 (+263%) more than the Federal minimum wage.
Learn More About Romney, West Virginia Affordable Housing ↓

What HUD offices serve Romney, West 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 Public Housing programs for Romney, West Virginia.

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

How many renters live in Romney, West Virginia?

The City of Romney has 2,062 people living in 738 households.

There are 795 renters living in 343 renter households in this City. Renters make up 38.55 percent of the population living in Romney.

What is the rental market like in Romney, West Virginia?

There are an estimated 957 housing units in the Romney area. Of these, 387 units are rental homes, making up 40 percent of the housing market. For every renter household in Romney, West Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Romney?

The rental vacancy rate in Romney 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 Romney for each bedroom size?

Occupied Rental Units by Size in Romney
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 115 136 72 3
Occupied Rental Units by Size in Romney

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

Among renter households in this market, 50 percent have housing cost burden. Further, 10 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 Romney

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $983 to $2,347. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $983
One BR $1,104
Two BR $1,390
Three BR $1,734
Four BR $2,347
2024 Fair Market Rents in Romney, West Virginia

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

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 6 100 percent
One BR 115 100 percent
Two BR 126 93 percent
Rental Units Below FMR in Romney, West Virginia

How many affordable rental units are in Romney?

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

Federal Program Unit Count
Low Income Housing Tax Credit 49
Public Housing 60
Section 8 Project-Based Rental Assistance 8
Section 202 Supportive Housing for the Elderly 31
USDA Section 515 Rural Rental Housing 58
Tracked Units by Federal Program in Romney, West Virginia

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

Income Based Apartments in Romney, West Virginia

Romney features 160 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 Romney, West Virginia

There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Romney.

Housing Choice Vouchers in Romney, West Virginia

On average, Section 8 Housing Choice vouchers pay Romney landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Romney.

The maximum amount a voucher would pay on behalf of a low-income tenant in Romney, West Virginia for a two-bedroom apartment is between $1,251 and $1,529.

Sourced from federal housing data and AffordableHousingOnline.com research.