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

Discover affordable housing in Grantsville where there are 2+ 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.

Bramblewood Village

Vaughn Rd, Grantsville, West Virginia 26147

Bramblewood Lp

690 Vaughn Rd, Grantsville, West Virginia 26147

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Grantsville, West Virginia
$16.06/hour
$7.31 (+84%) more than West Virginia minimum wage and $8.81 (+122%) more than the Federal minimum wage.
Learn More About Grantsville, West Virginia Affordable Housing ↓

How many renters live in Grantsville, West Virginia?

The City of Grantsville has 371 people living in 145 households.

There are 116 renters living in 45 renter households in this City. Renters make up 31.27 percent of the population living in Grantsville.

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

There are an estimated 233 housing units in the Grantsville area. Of these, 57 units are rental homes, making up 24 percent of the housing market. For every renter household in Grantsville, West Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Grantsville?

The rental vacancy rate in Grantsville is 21 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 Grantsville for each bedroom size?

Occupied Rental Units by Size in Grantsville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 17 23 5 0
Occupied Rental Units by Size in Grantsville

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

Among renter households in this market, 22 percent have housing cost burden. Further, 9 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 Grantsville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $911 to $1,953. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $911
One BR $916
Two BR $1,151
Three BR $1,573
Four BR $1,953
2024 Fair Market Rents in Grantsville, West Virginia

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

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
One BR 17 100 percent
Two BR 12 52 percent
Rental Units Below FMR in Grantsville, West Virginia

How many affordable rental units are in Grantsville?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 11
Tracked Units by Federal Program in Grantsville, West Virginia

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

Income Based Apartments in Grantsville, West Virginia

Grantsville features 30 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 Grantsville, West Virginia

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grantsville.

Housing Choice Vouchers in Grantsville, West Virginia

On average, Section 8 Housing Choice vouchers pay Grantsville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Grantsville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Grantsville, West Virginia for a two-bedroom apartment is between $763 and $933.

Sourced from federal housing data and AffordableHousingOnline.com research.