What HUD offices serve King William County, 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 King William County.
How many renters live in King William County, Virginia?
The County of King William County has people living in households.
There are renters living in renter households in this County. Renters make up 12.84 percent of the population living in King William County.
What is the rental market like in King William County, Virginia?
There are an estimated housing units in the King William County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in King William County, Virginia, there are 1 rental units.
What is the vacancy rate for rentals in King William County?
The rental vacancy rate in King William County 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 King William County for each bedroom size?
Occupied Rental Units by Size in King William County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 10 | 3 | 394 | 359 | 181 |
Occupied Rental Units by Size in King William County
A large number of apartments in King William 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 King William County
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 King William County, Virginia
How many units are rented at Fair Market Rent (FMR) in King William 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 | 0 | 100 percent |
| One BR | 0 | 100 percent |
| Two BR | 227 | 58 percent |
Rental Units Below FMR in King William County, Virginia
How many affordable rental units are in King William County?
There are a variety of federal affordable housing programs serving households in King William County, Virginia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 202 Supportive Housing for the Elderly | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in King William County, Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in King William County, Virginia
King William County features 91 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 King William County, Virginia
There are 84 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in King William County.
Housing Choice Vouchers in King William County, Virginia
On average, Section 8 Housing Choice vouchers pay King William County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in King William County.
The maximum amount a voucher would pay on behalf of a low-income tenant in King William County, Virginia for a two-bedroom apartment is between $1,379 and $1,685.
Sourced from federal housing data and AffordableHousingOnline.com research.