How many renters live in Accomack County, Virginia?
The County of Accomack County has people living in households.
There are renters living in renter households in this County. Renters make up 33.47 percent of the population living in Accomack County.
What is the rental market like in Accomack County, Virginia?
There are an estimated housing units in the Accomack County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Accomack County, Virginia, there are 1.01 rental units.
What is the vacancy rate for rentals in Accomack County?
The rental vacancy rate in Accomack County is 1 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 Accomack County for each bedroom size?
Occupied Rental Units by Size in Accomack County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 85 | 554 | 1,879 | 1,819 | 343 |
Occupied Rental Units by Size in Accomack County
A large number of apartments in Accomack County 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 Accomack County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $766 to $1,592. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $766 |
| One BR | $832 |
| Two BR | $938 |
| Three BR | $1,294 |
| Four BR | $1,592 |
2024 Fair Market Rents in Accomack County, Virginia
How many units are rented at Fair Market Rent (FMR) in Accomack County?
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 | 27 | 32 percent |
| One BR | 270 | 49 percent |
| Two BR | 811 | 43 percent |
Rental Units Below FMR in Accomack County, Virginia
How many affordable rental units are in Accomack County?
There are a variety of federal affordable housing programs serving households in Accomack County, Virginia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing | |
| USDA Section 514 Farm Labor Housing |
Tracked Units by Federal Program in Accomack County, Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Accomack County, Virginia
Accomack County features 103 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 Accomack County, Virginia
There are 90 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Accomack County.
Housing Choice Vouchers in Accomack County, Virginia
On average, Section 8 Housing Choice vouchers pay Accomack County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Accomack County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Accomack County, Virginia for a two-bedroom apartment is between $844 and $1,032.
Sourced from federal housing data and AffordableHousingOnline.com research.