What HUD offices serve East Bank, 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.
Go to the West Virginia Public Housing and Low-Income Apartments Waiting Lists page for openings near East Bank.
How many renters live in East Bank, West Virginia?
The City of East Bank has people living in households.
There are renters living in renter households in this City. Renters make up 20.25 percent of the population living in East Bank.
What is the rental market like in East Bank, West Virginia?
There are an estimated housing units in the East Bank area. Of these, units are rental homes, making up percent of the housing market. For every renter household in East Bank, West Virginia, there are 1.26 rental units.
What is the vacancy rate for rentals in East Bank?
The rental vacancy rate in East Bank is 21 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in East Bank for each bedroom size?
Occupied Rental Units by Size in East Bank
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 6 | 29 | 15 | 23 |
Occupied Rental Units by Size in East Bank
A large number of apartments in East Bank 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 East Bank
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $688 to $1,324. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $688 |
One BR | $816 |
Two BR | $994 |
Three BR | $1,300 |
Four BR | $1,324 |
2024 Fair Market Rents in East Bank, West Virginia
How many units are rented at Fair Market Rent (FMR) in East Bank?
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 | 6 | 100 percent |
Two BR | 26 | 90 percent |
Rental Units Below FMR in East Bank, West Virginia
How many affordable rental units are in East Bank?
Income Based Apartments in East Bank, West Virginia
East Bank 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 East Bank, West Virginia
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in East Bank.
Housing Choice Vouchers in East Bank, West Virginia
On average, Section 8 Housing Choice vouchers pay East Bank landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in East Bank.
The maximum amount a voucher would pay on behalf of a low-income tenant in East Bank, West Virginia for a two-bedroom apartment is between $895 and $1,093.
Sourced from federal housing data and AffordableHousingOnline.com research.