How many renters live in Manassas, Virginia?
The City of Manassas has people living in households.
There are renters living in renter households in this City. Renters make up 26.99 percent of the population living in Manassas.
What is the rental market like in Manassas, Virginia?
There are an estimated housing units in the Manassas area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Manassas, Virginia, there are 1.06 rental units.
What is the vacancy rate for rentals in Manassas?
The rental vacancy rate in Manassas is 5 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 Manassas for each bedroom size?
Occupied Rental Units by Size in Manassas
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 203 912 1,090 1,025 262 Occupied Rental Units by Size in Manassas
A large number of apartments in Manassas 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 Manassas
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,953 to $3,332. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2026 Fair Market Rents Studio $1,953 One BR $2,015 Two BR $2,246 Three BR $2,835 Four BR $3,332 2026 Fair Market Rents in Manassas, Virginia
How many units are rented at Fair Market Rent (FMR) in Manassas?
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 19 9 percent One BR 435 48 percent Two BR 267 24 percent Rental Units Below FMR in Manassas, Virginia
How many affordable rental units are in Manassas?
There are a variety of federal affordable housing programs serving households in
Manassas, 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 Manassas, Virginia
Income Based Apartments in Manassas, Virginia
Manassas features 408 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 Manassas, Virginia
There are 1,011 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Manassas.
Housing Choice Vouchers in Manassas, Virginia
On average, Section 8 Housing Choice vouchers pay Manassas landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Manassas.
The maximum amount a voucher would pay on behalf of a low-income tenant in Manassas, Virginia for a two-bedroom apartment is between $1,841 and $2,250.
Sourced from federal housing data and AffordableHousingOnline.com research.