Affordable Housing In Belmont
Pleasants County, West Virginia

2 Low Income Apartment Communities In Belmont

Pleasant Heights Apartments

717 Riverview Dr
Belmont, West Virginia
Subsidized

Jay-Mar Apartments

103 Central Blvd. #B-5
Belmont, West Virginia
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Section 8 Vouchers, Apartments, and Waiting Lists in Belmont, West 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Belmont, West Virginia

Housing Authority Programs
Parkersburg Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Belmont, West Virginia

There are 2 low income housing apartment communities offering 62 affordable apartments for rent in Belmont, West Virginia.

Income Based Apartments in Belmont, West Virginia

Belmont features 62 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 Belmont, West Virginia

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Belmont.

Housing Choice Vouchers in Belmont, West Virginia

On average, Section 8 Housing Choice vouchers pay Belmont landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Belmont.

The maximum amount a voucher would pay on behalf of a low-income tenant in Belmont, West Virginia for a two-bedroom apartment is between $635 and $776.

2022 Belmont, West Virginia Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Belmont, West Virginia Fair Market Rent $532 $536 $705 $1,001 $1,028
Belmont, West Virginia Payment Standard Range $479 to $585 $482 to $590 $635 to $776 $901 to $1,101 $925 to $1,131

Sourced from federal housing data and AffordableHousingOnline.com research.

Belmont, WV Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 62
Total Housing Units with Rental Assistance 62
Percentage of Housing Units Occupied By Renters 28.68%
Average Renter Household Size 2.93
Average Household Size 2.45
Median Household Income $39,375 ±$2,803
Median Rent $539 ±$130
Percentage Of Renters Overburdened 45.13% ± 20.79pp
Total Population 1,031

Population and Household Demographics

Belmont is a city in Pleasants County, West Virginia with a population of 1,031. There are 394 households in the city with an average household size of 2.45 persons. 28.68% of households in Belmont are renters.

Income and Rent Overburden in Belmont

The median gross income for households in Belmont is $39,375 a year, or $3,281 a month. The median rent for the city is $539 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Belmont, a household making less than $1,797 a month would be considered overburdened when renting an apartment at or above the median rent. 45.13% of households who rent are overburdened in Belmont.

Area Median Income In Belmont

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Belmont, the AMI is calculated from all households within Pleasants County.

In Belmont, HUD calculates the Area Median Income for a family of four as $79,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Belmont

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Belmont

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Belmont AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,700 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,150
50% AMI Income Limits
Renters earning up to 50% of the Belmont AMI may qualify for rental assistance programs that target Very Low Income households.
$24,500 $28,000 $31,500 $34,950 $37,750 $40,550 $43,350 $46,150
80% AMI Income Limits
Renters earning up to 80% of the Belmont AMI may qualify for rental assistance programs that target Low Income households.
$39,150 $44,750 $50,350 $55,900 $60,400 $64,850 $69,350 $73,800