What HUD offices serve Philippi, 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.
Go to the West Virginia Public Housing and Low-Income Apartments Waiting Lists page for openings near Philippi.
How many renters live in Philippi, West Virginia?
The City of Philippi has 2,920 people living in 1,267 households.
There are 855 renters living in 546 renter households in this City. Renters make up 29.28 percent of the population living in Philippi.
What is the rental market like in Philippi, West Virginia?
There are an estimated 1,452 housing units in the Philippi area. Of these, 617 units are rental homes, making up 42 percent of the housing market. For every renter household in Philippi, West Virginia, there are 1 rental units.
What is the vacancy rate for rentals in Philippi?
The rental vacancy rate in Philippi is 12 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 Philippi for each bedroom size?
Occupied Rental Units by Size in Philippi
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 257 | 201 | 82 | 6 |
Occupied Rental Units by Size in Philippi
A large number of apartments in Philippi 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 Philippi are overburdened by housing costs?
Among renter households in this market, 30 percent have housing cost burden. Further, 7 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 Philippi
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $679 to $1,330. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $679 |
| One BR | $755 |
| Two BR | $848 |
| Three BR | $1,142 |
| Four BR | $1,330 |
2024 Fair Market Rents in Philippi, West Virginia
How many units are rented at Fair Market Rent (FMR) in Philippi?
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 | 171 | 67 percent |
| Two BR | 148 | 74 percent |
Rental Units Below FMR in Philippi, West Virginia
How many affordable rental units are in Philippi?
There are a variety of federal affordable housing programs serving households in Philippi, West Virginia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 48 |
| Section 8 Project-Based Rental Assistance | 111 |
Tracked Units by Federal Program in Philippi, West Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Philippi, West Virginia
Philippi features 112 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 Philippi, West Virginia
There are 52 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Philippi.
Housing Choice Vouchers in Philippi, West Virginia
On average, Section 8 Housing Choice vouchers pay Philippi landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Philippi.
The maximum amount a voucher would pay on behalf of a low-income tenant in Philippi, West Virginia for a two-bedroom apartment is between $763 and $933.
Sourced from federal housing data and AffordableHousingOnline.com research.
