How many renters live in Northampton County, Virginia?
The County of Northampton County has 12,132 people living in 5,344 households.
There are 4,052 renters living in 1,907 renter households in this County. Renters make up 33.4 percent of the population living in Northampton County.
What is the rental market like in Northampton County, Virginia?
There are an estimated 7,412 housing units in the Northampton County area. Of these, 1,910 units are rental homes, making up 26 percent of the housing market. For every renter household in Northampton County, Virginia, there are 1 rental units.
What is the vacancy rate for rentals in Northampton County?
The rental vacancy rate in Northampton 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 Northampton County for each bedroom size?
Occupied Rental Units by Size in Northampton County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 4 | 331 | 886 | 579 | 96 |
Occupied Rental Units by Size in Northampton County
A large number of apartments in Northampton County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Northampton County are overburdened by housing costs?
Among renter households in this market, 31 percent have housing cost burden. Further, 10 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Northampton County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $709 to $1,592. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $709 |
| One BR | $714 |
| Two BR | $938 |
| Three BR | $1,321 |
| Four BR | $1,592 |
2024 Fair Market Rents in Northampton County, Virginia
How many units are rented at Fair Market Rent (FMR) in Northampton 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 | 4 | 100 percent |
| One BR | 286 | 86 percent |
| Two BR | 562 | 63 percent |
Rental Units Below FMR in Northampton County, Virginia
How many affordable rental units are in Northampton County?
There are a variety of federal affordable housing programs serving households in Northampton County, Virginia including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 134 |
| Section 8 Project-Based Rental Assistance | 141 |
| Section 202 Supportive Housing for the Elderly | 45 |
| Section 811 Supportive Housing for Persons with Disabilities | 14 |
| USDA Section 515 Rural Rental Housing | 193 |
| USDA Section 514 Farm Labor Housing | 34 |
Tracked Units by Federal Program in Northampton County, Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Northampton County, Virginia
Northampton County features 364 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 Northampton County, Virginia
There are 33 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Northampton County.
Housing Choice Vouchers in Northampton County, Virginia
On average, Section 8 Housing Choice vouchers pay Northampton County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Northampton County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Northampton County, Virginia for a two-bedroom apartment is between $844 and $1,032.
Sourced from federal housing data and AffordableHousingOnline.com research.
