Affordable Housing In Wood County
31 Low Income Apartment Communities In Wood County
Section 8 Vouchers, Apartments, and Waiting Lists in Wood County, 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 Wood County, West Virginia
|Parkersburg Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Wood County, West Virginia
There are 31 low income housing apartment communities offering 1,827 affordable apartments for rent in Wood County, West Virginia.
Income Based Apartments in Wood County, West Virginia
Wood County features 1,273 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 Wood County, West Virginia
There are 554 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wood County.
Housing Choice Vouchers in Wood County, West Virginia
On average, Section 8 Housing Choice vouchers pay Wood County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Wood County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Wood County, West Virginia for a two-bedroom apartment is between $703 and $859.
2022 Wood County, 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|
|Wood County, West Virginia Fair Market Rent||$636||$645||$781||$1,043||$1,126|
|Wood County, West Virginia Payment Standard Range||$572 to $700||$581 to $710||$703 to $859||$939 to $1,147||$1,013 to $1,239|
Sourced from federal housing data and AffordableHousingOnline.com research.
Wood County, WV Affordable Housing Snapshot
|Total Affordable Apartment Properties||31|
|Total Low Income Apartments||1,827|
|Total Housing Units with Rental Assistance||1,273|
|Percentage of Housing Units Occupied By Renters||28.74%|
|Average Renter Household Size||2.30|
|Average Household Size||2.37|
|Median Household Income||$41,884 ±$1,110|
|Median Rent||$622 ±$17|
|Percentage Of Renters Overburdened||45.01% ± 3.76pp|
Population and Household Demographics
Wood County is a county in West Virginia with a population of 86,559. There are 36,192 households in the county with an average household size of 2.37 persons. 28.74% of households in Wood County are renters.
Income and Rent Overburden in Wood County
The median gross income for households in Wood County is $41,884 a year, or $3,490 a month. The median rent for the county is $622 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wood County, a household making less than $2,073 a month would be considered overburdened when renting an apartment at or above the median rent. 45.01% of households who rent are overburdened in Wood County.
Area Median Income In Wood County
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.
In Wood County, HUD calculates the Area Median Income for a family of four as $69,500
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 Wood County
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 Wood County
|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 Wood County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Wood County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Wood County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Wood County
Select A City to View its Apartment Communities and Waiting Lists.
|Blennerhassett||The HUD funded Public Housing Agency that serves Blennerhassett is the Parkersburg Housing Authority.|
|Boaz||The HUD funded Public Housing Agency that serves Boaz is the Parkersburg Housing Authority.|
|Lubeck||The HUD funded Public Housing Agency that serves Lubeck is the Parkersburg Housing Authority.|
|Mineralwells||The HUD funded Public Housing Agency that serves Mineralwells is the Parkersburg Housing Authority.|
|North Hills||The HUD funded Public Housing Agency that serves North Hills is the Parkersburg Housing Authority.|
|Parkersburg||The HUD funded Public Housing Agency that serves Parkersburg is the Parkersburg Housing Authority.|
|Vienna||The HUD funded Public Housing Agency that serves Vienna is the Parkersburg Housing Authority.|
|Washington||The HUD funded Public Housing Agency that serves Washington is the Parkersburg Housing Authority.|
|Waverly||The HUD funded Public Housing Agency that serves Waverly is the Parkersburg Housing Authority.|
|Williamstown||The HUD funded Public Housing Agency that serves Williamstown is the Parkersburg Housing Authority.|