What HUD offices serve Prince William 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 Prince William County.
How many renters live in Prince William County, Virginia?
The County of Prince William County has people living in households.
There are renters living in renter households in this County. Renters make up 23.83 percent of the population living in Prince William County.
What is the rental market like in Prince William County, Virginia?
There are an estimated housing units in the Prince William County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Prince William County, Virginia, there are 1.06 rental units.
What is the vacancy rate for rentals in Prince William County?
The rental vacancy rate in Prince William County is 4 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 Prince William County for each bedroom size?
Occupied Rental Units by Size in Prince William County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
1,225 | 6,527 | 13,915 | 11,894 | 4,552 |
Occupied Rental Units by Size in Prince William County
A large number of apartments in Prince William County 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 Prince William County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,772 to $3,015. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,772 |
One BR | $1,803 |
Two BR | $2,045 |
Three BR | $2,544 |
Four BR | $3,015 |
2024 Fair Market Rents in Prince William County, Virginia
How many units are rented at Fair Market Rent (FMR) in Prince William 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 | 572 | 47 percent |
One BR | 2,754 | 42 percent |
Two BR | 2,115 | 15 percent |
Rental Units Below FMR in Prince William County, Virginia
How many affordable rental units are in Prince William County?
There are a variety of federal affordable housing programs serving households in Prince William County, Virginia including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 8 Project-Based Rental Assistance | |
Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Prince William County, Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Prince William County, Virginia
Prince William County features 132 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 Prince William County, Virginia
There are 3,694 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Prince William County.
Housing Choice Vouchers in Prince William County, Virginia
On average, Section 8 Housing Choice vouchers pay Prince William County landlords $1,400 per month towards rent. The average voucher holder contributes $500 towards rent in Prince William County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Prince William County, Virginia for a two-bedroom apartment is between $1,841 and $2,250.
Sourced from federal housing data and AffordableHousingOnline.com research.