How many renters live in West Hamlin, West Virginia?
The City of West Hamlin has 553 people living in 241 households.
There are 110 renters living in 74 renter households in this City. Renters make up 19.89 percent of the population living in West Hamlin.
What is the rental market like in West Hamlin, West Virginia?
There are an estimated 297 housing units in the West Hamlin area. Of these, 74 units are rental homes, making up 25 percent of the housing market. For every renter household in West Hamlin, West Virginia, there are 1 rental units.
What is the vacancy rate for rentals in West Hamlin?
The rental vacancy rate in West Hamlin 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 West Hamlin for each bedroom size?
Occupied Rental Units by Size in West Hamlin
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 6 | 37 | 26 | 5 | 0 |
Occupied Rental Units by Size in West Hamlin
A large number of apartments in West Hamlin 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 West Hamlin are overburdened by housing costs?
Among renter households in this market, 30 percent have housing cost burden. Further, 5 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 West Hamlin
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $621 to $1,150. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $621 |
| One BR | $646 |
| Two BR | $849 |
| Three BR | $1,027 |
| Four BR | $1,150 |
2024 Fair Market Rents in West Hamlin, West Virginia
How many units are rented at Fair Market Rent (FMR) in West Hamlin?
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 | 33 | 89 percent |
| Two BR | 22 | 85 percent |
Rental Units Below FMR in West Hamlin, West Virginia
How many affordable rental units are in West Hamlin?
There are a variety of federal affordable housing programs serving households in West Hamlin, West Virginia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 41 |
| Section 202 Supportive Housing for the Elderly | 45 |
| Section 811 Supportive Housing for Persons with Disabilities | 21 |
Tracked Units by Federal Program in West Hamlin, West Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in West Hamlin, West Virginia
West Hamlin features 6 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 West Hamlin, West Virginia
There are 11 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in West Hamlin.
Housing Choice Vouchers in West Hamlin, West Virginia
On average, Section 8 Housing Choice vouchers pay West Hamlin landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in West Hamlin.
The maximum amount a voucher would pay on behalf of a low-income tenant in West Hamlin, West Virginia for a two-bedroom apartment is between $764 and $934.
Sourced from federal housing data and AffordableHousingOnline.com research.
