Low Income Apartments and Affordable Housing For Rent in Roane County, WV

Discover affordable housing in Roane County where there are 4+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Lynnview Apartments

265 Lynn St, Spencer, West Virginia 25276

Hart House Apartments

400 Church St, Spencer, West Virginia 25276

Imperial Gardens Apartments

407 Imperial Gdns, Spencer, West Virginia 25276

Ann Looney Marcap Manor

101 Smith St, Spencer, West Virginia 25276

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Roane County, West Virginia
$16.06/hour
$7.31 (+84%) more than West Virginia minimum wage and $8.81 (+122%) more than the Federal minimum wage.
Learn More About Roane County, West Virginia Affordable Housing ↓

How many renters live in Roane County, West Virginia?

The County of Roane County has 14,027 people living in 5,461 households.

There are 3,000 renters living in 1,422 renter households in this County. Renters make up 21.39 percent of the population living in Roane County.

What is the rental market like in Roane County, West Virginia?

There are an estimated 7,174 housing units in the Roane County area. Of these, 1,532 units are rental homes, making up 21 percent of the housing market. For every renter household in Roane County, West Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Roane County?

The rental vacancy rate in Roane County is 7 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 Roane County for each bedroom size?

Occupied Rental Units by Size in Roane County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 259 558 456 82
Occupied Rental Units by Size in Roane County

A large number of apartments in Roane County 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 Roane County are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 16 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 Roane County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $679 to $1,208. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $679
One BR $755
Two BR $848
Three BR $1,195
Four BR $1,208
2024 Fair Market Rents in Roane County, West Virginia

How many units are rented at Fair Market Rent (FMR) in Roane 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 6 67 percent
One BR 229 88 percent
Two BR 383 69 percent
Rental Units Below FMR in Roane County, West Virginia

How many affordable rental units are in Roane County?

There are a variety of federal affordable housing programs serving households in Roane County, West Virginia including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 44
Public Housing 109
USDA Section 515 Rural Rental Housing 75
Tracked Units by Federal Program in Roane County, West Virginia

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Roane County, West Virginia

Roane County features 184 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 Roane County, West Virginia

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

Housing Choice Vouchers in Roane County, West Virginia

On average, Section 8 Housing Choice vouchers pay Roane County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Roane County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Roane County, West Virginia for a two-bedroom apartment is between $763 and $933.

Sourced from federal housing data and AffordableHousingOnline.com research.