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

Discover affordable housing in Moundsville 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.

Wesley Park

200 Candlewick Ave, Moundsville, West Virginia 26041

Woodland Knolls Apartments

248 Woodland Knls, Moundsville, West Virginia 26041

Ash Grove

10 Ash Ave, Moundsville, West Virginia 26041

Hill View II Apartments

409 Pebble Dr, Moundsville, West Virginia 26041

Hill View Apartments

7001 Riffle Dr, Moundsville, West Virginia 26041

Washington Lands Apts.

Rd 4, Box 333b, Moundsville, West Virginia

Dorsey St Burley Francine Kermit Gattsct

501 10th St, Moundsville, West Virginia 26041

Four Single Family Rental Units

Various Addresses, Moundsville, West Virginia 26041

calendar_today Opened: Jul 13
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Moundsville, West Virginia
$16.95/hour
$8.20 (+94%) more than West Virginia minimum wage and $9.70 (+134%) more than the Federal minimum wage.
Learn More About Moundsville, West Virginia Affordable Housing ↓

What HUD offices serve Moundsville, 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 Section 8 Housing Choice Voucher (HCV), Public Housing programs for Moundsville, West Virginia.
Operates the Public Housing programs for Moundsville, West Virginia.

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

How many renters live in Moundsville, West Virginia?

The City of Moundsville has 8,056 people living in 3,507 households.

There are 1,970 renters living in 962 renter households in this City. Renters make up 24.45 percent of the population living in Moundsville.

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

There are an estimated 4,215 housing units in the Moundsville area. Of these, 1,014 units are rental homes, making up 24 percent of the housing market. For every renter household in Moundsville, West Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Moundsville?

The rental vacancy rate in Moundsville is 3 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 Moundsville for each bedroom size?

Occupied Rental Units by Size in Moundsville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
31 222 408 282 19
Occupied Rental Units by Size in Moundsville

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

Among renter households in this market, 42 percent have housing cost burden. Further, 31 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 Moundsville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $607 to $1,329. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $607
One BR $714
Two BR $895
Three BR $1,163
Four BR $1,329
2024 Fair Market Rents in Moundsville, West Virginia

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

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 31 100 percent
One BR 173 78 percent
Two BR 244 60 percent
Rental Units Below FMR in Moundsville, West Virginia

How many affordable rental units are in Moundsville?

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

Federal Program Unit Count
Public Housing 248
Section 8 Project-Based Rental Assistance 1
Section 202 Supportive Housing for the Elderly 36
Section 811 Supportive Housing for Persons with Disabilities 5
Tracked Units by Federal Program in Moundsville, West Virginia

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

Income Based Apartments in Moundsville, West Virginia

Moundsville features 397 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 Moundsville, West Virginia

There are 95 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moundsville.

Housing Choice Vouchers in Moundsville, West Virginia

On average, Section 8 Housing Choice vouchers pay Moundsville landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Moundsville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Moundsville, West Virginia for a two-bedroom apartment is between $806 and $985.

Sourced from federal housing data and AffordableHousingOnline.com research.