How many renters live in Clarke County, Virginia?
The County of Clarke County has people living in households.
There are renters living in renter households in this County. Renters make up 18.62 percent of the population living in Clarke County.
What is the rental market like in Clarke County, Virginia?
There are an estimated housing units in the Clarke County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Clarke County, Virginia, there are 1.01 rental units.
What is the vacancy rate for rentals in Clarke County?
The rental vacancy rate in Clarke 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 Clarke County for each bedroom size?
Occupied Rental Units by Size in Clarke County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
54 | 112 | 517 | 436 | 55 |
Occupied Rental Units by Size in Clarke County
A large number of apartments in Clarke 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 Clarke County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,772 to $3,015. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,772 |
One BR | $1,803 |
Two BR | $2,045 |
Three BR | $2,544 |
Four BR | $3,015 |
2024 Fair Market Rents in Clarke County, Virginia
How many units are rented at Fair Market Rent (FMR) in Clarke 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 | 49 | 91 percent |
One BR | 81 | 72 percent |
Two BR | 401 | 78 percent |
Rental Units Below FMR in Clarke County, Virginia
How many affordable rental units are in Clarke County?
There are a variety of federal affordable housing programs serving households in Clarke County, Virginia including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Clarke County, Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Clarke County, Virginia
Clarke County features 0 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 Clarke County, Virginia
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clarke County.
Housing Choice Vouchers in Clarke County, Virginia
On average, Section 8 Housing Choice vouchers pay Clarke County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Clarke County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Clarke County, Virginia for a two-bedroom apartment is between $1,841 and $2,250.
Sourced from federal housing data and AffordableHousingOnline.com research.