What HUD offices serve Powhatan 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 Powhatan County.
How many renters live in Powhatan County, Virginia?
The County of Powhatan County has 30,503 people living in 11,077 households.
There are 2,478 renters living in 978 renter households in this County. Renters make up 8.12 percent of the population living in Powhatan County.
What is the rental market like in Powhatan County, Virginia?
There are an estimated 11,619 housing units in the Powhatan County area. Of these, 978 units are rental homes, making up 8 percent of the housing market. For every renter household in Powhatan County, Virginia, there are 1 rental units.
What is the vacancy rate for rentals in Powhatan County?
The rental vacancy rate in Powhatan 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 Powhatan County for each bedroom size?
Occupied Rental Units by Size in Powhatan County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 76 | 365 | 374 | 125 |
Occupied Rental Units by Size in Powhatan County
A large number of apartments in Powhatan 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 Powhatan County are overburdened by housing costs?
Among renter households in this market, 33 percent have housing cost burden. Further, 13 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 Powhatan 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 Powhatan County, Virginia
How many units are rented at Fair Market Rent (FMR) in Powhatan 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 |
| One BR | 34 | 45 percent |
| Two BR | 281 | 77 percent |
Rental Units Below FMR in Powhatan County, Virginia
How many affordable rental units are in Powhatan County?
Income Based Apartments in Powhatan County, Virginia
Powhatan County features 0 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 Powhatan County, Virginia
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Powhatan County.
Housing Choice Vouchers in Powhatan County, Virginia
On average, Section 8 Housing Choice vouchers pay Powhatan County landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Powhatan County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Powhatan County, Virginia for a two-bedroom apartment is between $1,379 and $1,685.
Sourced from federal housing data and AffordableHousingOnline.com research.
