What HUD offices serve Rainelle, 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 Rainelle.
How many renters live in Rainelle, West Virginia?
The City of Rainelle has 1,424 people living in 642 households.
There are 379 renters living in 179 renter households in this City. Renters make up 26.62 percent of the population living in Rainelle.
What is the rental market like in Rainelle, West Virginia?
There are an estimated 745 housing units in the Rainelle area. Of these, 211 units are rental homes, making up 28 percent of the housing market. For every renter household in Rainelle, West Virginia, there are 1 rental units.
What is the vacancy rate for rentals in Rainelle?
The rental vacancy rate in Rainelle is 15 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 Rainelle for each bedroom size?
Occupied Rental Units by Size in Rainelle
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 9 | 51 | 40 | 70 | 9 |
Occupied Rental Units by Size in Rainelle
A large number of apartments in Rainelle 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 Rainelle are overburdened by housing costs?
Among renter households in this market, 50 percent have housing cost burden. Further, 19 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 Rainelle
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $683 to $1,151. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $683 |
| One BR | $687 |
| Two BR | $864 |
| Three BR | $1,137 |
| Four BR | $1,151 |
2024 Fair Market Rents in Rainelle, West Virginia
How many units are rented at Fair Market Rent (FMR) in Rainelle?
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 | 9 | 100 percent |
| One BR | 38 | 75 percent |
| Two BR | 34 | 85 percent |
Rental Units Below FMR in Rainelle, West Virginia
How many affordable rental units are in Rainelle?
There are a variety of federal affordable housing programs serving households in Rainelle, West Virginia including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 18 |
| Section 202 Supportive Housing for the Elderly | 1 |
Tracked Units by Federal Program in Rainelle, West Virginia
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Rainelle, West Virginia
Rainelle features 76 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 Rainelle, West Virginia
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rainelle.
Housing Choice Vouchers in Rainelle, West Virginia
On average, Section 8 Housing Choice vouchers pay Rainelle landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Rainelle.
The maximum amount a voucher would pay on behalf of a low-income tenant in Rainelle, West Virginia for a two-bedroom apartment is between $778 and $950.
Sourced from federal housing data and AffordableHousingOnline.com research.