What HUD offices serve Coeburn, 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 Virginia Public Housing and Low-Income Apartments Waiting Lists page for openings near Coeburn.
How many renters live in Coeburn, Virginia?
The City of Coeburn has people living in households.
There are renters living in renter households in this City. Renters make up 33.4 percent of the population living in Coeburn.
What is the rental market like in Coeburn, Virginia?
There are an estimated housing units in the Coeburn area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Coeburn, Virginia, there are 1.09 rental units.
What is the vacancy rate for rentals in Coeburn?
The rental vacancy rate in Coeburn is 9 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 Coeburn for each bedroom size?
Occupied Rental Units by Size in Coeburn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 16 14 96 38 54 Occupied Rental Units by Size in Coeburn
A large number of apartments in Coeburn 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 Coeburn
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $730 to $1,536. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $730 One BR $734 Two BR $905 Three BR $1,234 Four BR $1,536 2024 Fair Market Rents in Coeburn, Virginia
How many units are rented at Fair Market Rent (FMR) in Coeburn?
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 0 100 percent One BR 14 100 percent Two BR 52 54 percent Rental Units Below FMR in Coeburn, Virginia
How many affordable rental units are in Coeburn?
There are a variety of federal affordable housing programs serving households in
Coeburn, Virginia including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Public Housing Tracked Units by Federal Program in Coeburn, Virginia
Income Based Apartments in Coeburn, Virginia
Coeburn features 113 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 Coeburn, Virginia
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coeburn.
Housing Choice Vouchers in Coeburn, Virginia
On average, Section 8 Housing Choice vouchers pay Coeburn landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Coeburn.
The maximum amount a voucher would pay on behalf of a low-income tenant in Coeburn, Virginia for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.