Low Income Apartments and Affordable Housing For Rent in Mathews, VA

Discover affordable housing in Mathews where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Cricket Hill

21 Saint Ives Court, Mathews, Virginia 23109

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible

How To Identify Affordable Housing in Mathews, Virginia

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mathews, Virginia
$28.28/hour
$16.28 (+136%) more than Virginia minimum wage and $21.03 (+290%) more than the Federal minimum wage.
Learn More About Mathews, Virginia Affordable Housing ↓

What HUD offices serve Mathews, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Section 8 Project-Based Rental Assistance (PBRA) programs for Mathews, Virginia.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Mathews, Virginia.

Go to the Virginia Public Housing and Low-Income Apartments Waiting Lists page for openings near Mathews.

How many renters live in Mathews, Virginia?

The City of Mathews has people living in households.

There are renters living in renter households in this City. Renters make up 33.46 percent of the population living in Mathews.

What is the rental market like in Mathews, Virginia?

There are an estimated housing units in the Mathews area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mathews, Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Mathews?

The rental vacancy rate in Mathews 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 Mathews for each bedroom size?

Occupied Rental Units by Size in Mathews
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 10 178 0 0
Occupied Rental Units by Size in Mathews

A large number of apartments in Mathews 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 Mathews

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,392 to $2,608. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,392
One BR $1,415
Two BR $1,678
Three BR $2,114
Four BR $2,608
2024 Fair Market Rents in Mathews, Virginia

How many units are rented at Fair Market Rent (FMR) in Mathews?

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
One BR 10 100 percent
Two BR 178 100 percent
Rental Units Below FMR in Mathews, Virginia

How many affordable rental units are in Mathews?

There are a variety of federal affordable housing programs serving households in Mathews, Virginia including the following:

Federal Program Unit Count
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Mathews, Virginia

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Mathews, Virginia

Mathews features 30 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 Mathews, Virginia

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mathews.

Housing Choice Vouchers in Mathews, Virginia

On average, Section 8 Housing Choice vouchers pay Mathews landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mathews.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mathews, Virginia for a two-bedroom apartment is between $1,344 and $1,642.

Sourced from federal housing data and AffordableHousingOnline.com research.

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