What HUD offices serve Newport News, 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 Newport News.
How many renters live in Newport News, Virginia?
The City of Newport News has people living in households.
There are renters living in renter households in this City. Renters make up 47.48 percent of the population living in Newport News.
What is the rental market like in Newport News, Virginia?
There are an estimated housing units in the Newport News area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Newport News, Virginia, there are 1.09 rental units.
What is the vacancy rate for rentals in Newport News?
The rental vacancy rate in Newport News is 7 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 Newport News for each bedroom size?
Occupied Rental Units by Size in Newport News
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
2,472 | 7,249 | 15,232 | 10,172 | 2,452 |
Occupied Rental Units by Size in Newport News
A large number of apartments in Newport News 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 Newport News
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,279 to $2,532. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,279 |
One BR | $1,287 |
Two BR | $1,493 |
Three BR | $2,079 |
Four BR | $2,532 |
2024 Fair Market Rents in Newport News, Virginia
How many units are rented at Fair Market Rent (FMR) in Newport News?
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 | 1,846 | 75 percent |
One BR | 5,414 | 75 percent |
Two BR | 11,948 | 78 percent |
Rental Units Below FMR in Newport News, Virginia
How many affordable rental units are in Newport News?
There are a variety of federal affordable housing programs serving households in Newport News, Virginia including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Public Housing | |
Section 8 Project-Based Rental Assistance | |
Section 202 Supportive Housing for the Elderly | |
Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Newport News, Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Newport News, Virginia
Newport News features 3,990 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 Newport News, Virginia
There are 4,818 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Newport News.
Housing Choice Vouchers in Newport News, Virginia
On average, Section 8 Housing Choice vouchers pay Newport News landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Newport News.
The maximum amount a voucher would pay on behalf of a low-income tenant in Newport News, Virginia for a two-bedroom apartment is between $1,344 and $1,642.
Sourced from federal housing data and AffordableHousingOnline.com research.