What HUD offices serve Proctorsville, Vermont?
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 Vermont Public Housing and Low-Income Apartments Waiting Lists page for openings near Proctorsville.
How many renters live in Proctorsville, Vermont?
The City of Proctorsville has people living in households.
There are renters living in renter households in this City. Renters make up 46.8 percent of the population living in Proctorsville.
What is the rental market like in Proctorsville, Vermont?
There are an estimated housing units in the Proctorsville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Proctorsville, Vermont, there are 1 rental units.
What is the vacancy rate for rentals in Proctorsville?
The rental vacancy rate in Proctorsville 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 Proctorsville for each bedroom size?
Occupied Rental Units by Size in Proctorsville
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 13 | 29 | 8 | 0 |
Occupied Rental Units by Size in Proctorsville
A large number of apartments in Proctorsville have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Proctorsville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,039 to $1,731. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,039 |
| One BR | $1,136 |
| Two BR | $1,300 |
| Three BR | $1,725 |
| Four BR | $1,731 |
2024 Fair Market Rents in Proctorsville, Vermont
How many units are rented at Fair Market Rent (FMR) in Proctorsville?
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 | 13 | 100 percent |
| Two BR | 17 | 59 percent |
Rental Units Below FMR in Proctorsville, Vermont
How many affordable rental units are in Proctorsville?
There are a variety of federal affordable housing programs serving households in Proctorsville, Vermont including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Proctorsville, Vermont
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Proctorsville, Vermont
Proctorsville features 20 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 Proctorsville, Vermont
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Proctorsville.
Housing Choice Vouchers in Proctorsville, Vermont
On average, Section 8 Housing Choice vouchers pay Proctorsville landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Proctorsville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Proctorsville, Vermont for a two-bedroom apartment is between $1,170 and $1,430.
Sourced from federal housing data and AffordableHousingOnline.com research.