What HUD offices serve Timberville, 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 Timberville.
How many renters live in Timberville, Virginia?
The City of Timberville has 2,966 people living in 1,095 households.
There are 1,181 renters living in 408 renter households in this City. Renters make up 39.82 percent of the population living in Timberville.
What is the rental market like in Timberville, Virginia?
There are an estimated 1,174 housing units in the Timberville area. Of these, 408 units are rental homes, making up 35 percent of the housing market. For every renter household in Timberville, Virginia, there are 1 rental units.
What is the vacancy rate for rentals in Timberville?
The rental vacancy rate in Timberville 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 Timberville for each bedroom size?
Occupied Rental Units by Size in Timberville
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 17 | 42 | 164 | 172 | 13 |
Occupied Rental Units by Size in Timberville
A large number of apartments in Timberville 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 Timberville are overburdened by housing costs?
Among renter households in this market, 38 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 Timberville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $921 to $2,041. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $921 |
| One BR | $927 |
| Two BR | $1,203 |
| Three BR | $1,619 |
| Four BR | $2,041 |
2024 Fair Market Rents in Timberville, Virginia
How many units are rented at Fair Market Rent (FMR) in Timberville?
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 | 17 | 100 percent |
| One BR | 42 | 100 percent |
| Two BR | 135 | 82 percent |
Rental Units Below FMR in Timberville, Virginia
How many affordable rental units are in Timberville?
There are a variety of federal affordable housing programs serving households in Timberville, Virginia including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 80 |
Tracked Units by Federal Program in Timberville, Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Timberville, Virginia
Timberville features 80 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 Timberville, Virginia
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Timberville.
Housing Choice Vouchers in Timberville, Virginia
On average, Section 8 Housing Choice vouchers pay Timberville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Timberville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Timberville, Virginia for a two-bedroom apartment is between $1,083 and $1,323.
Sourced from federal housing data and AffordableHousingOnline.com research.
