What HUD offices serve Glen Allen, 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 Glen Allen.
How many renters live in Glen Allen, Virginia?
The City of Glen Allen has people living in households.
There are renters living in renter households in this City. Renters make up 27.6 percent of the population living in Glen Allen.
What is the rental market like in Glen Allen, Virginia?
There are an estimated housing units in the Glen Allen area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Glen Allen, Virginia, there are 1.04 rental units.
What is the vacancy rate for rentals in Glen Allen?
The rental vacancy rate in Glen Allen 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 Glen Allen for each bedroom size?
Occupied Rental Units by Size in Glen Allen
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 9 203 627 534 133 Occupied Rental Units by Size in Glen Allen
A large number of apartments in Glen Allen 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 Glen Allen
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,328 to $2,393. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,328 One BR $1,365 Two BR $1,532 Three BR $1,959 Four BR $2,393 2024 Fair Market Rents in Glen Allen, Virginia
How many units are rented at Fair Market Rent (FMR) in Glen Allen?
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 67 percent One BR 129 64 percent Two BR 413 66 percent Rental Units Below FMR in Glen Allen, Virginia
How many affordable rental units are in Glen Allen?
There are a variety of federal affordable housing programs serving households in
Glen Allen, Virginia including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Tracked Units by Federal Program in Glen Allen, Virginia
Income Based Apartments in Glen Allen, Virginia
Glen Allen features 297 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 Glen Allen, Virginia
There are 290 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Glen Allen.
Housing Choice Vouchers in Glen Allen, Virginia
On average, Section 8 Housing Choice vouchers pay Glen Allen landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Glen Allen.
The maximum amount a voucher would pay on behalf of a low-income tenant in Glen Allen, Virginia for a two-bedroom apartment is between $1,379 and $1,685.
Sourced from federal housing data and AffordableHousingOnline.com research.