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There are 90 low-income apartments in Accomack County that offer reduced rents to eligible households.
Rental assistance programs support 103 low-income homes in Accomack County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $279 towards rent each month.
Affordable rent data for some communities last confirmed on June 17th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Accomack County, Virginia Affordable Housing Data
Income Based Apartments in Accomack County, Virginia
Accomack County features 103 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 Accomack County, Virginia
There are 90 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Accomack County.
Housing Choice Vouchers in Accomack County, Virginia
On average, Section 8 Housing Choice vouchers pay Accomack County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Accomack County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Accomack County, Virginia for a two-bedroom apartment is between $844 and $1,032.
2024 Accomack County, 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 | |
|---|---|---|---|---|---|
| Accomack County, Virginia Fair Market Rent | $766 | $832 | $938 | $1,294 | $1,592 |
| Accomack County, Virginia Payment Standard Range | $689 to $843 | $749 to $915 | $844 to $1,032 | $1,165 to $1,423 | $1,433 to $1,751 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Accomack County, VA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 4 |
|---|---|
| Total Low Income Apartments | 193 |
| Total Housing Units with Rental Assistance | 103 |
| Percentage of Housing Units Occupied By Renters | 28.95% |
| Average Renter Household Size | 2.61 |
| Average Household Size | 2.29 |
| Median Household Income | $39,412 ±$2,723 |
| Median Rent | $733 ±$35 |
| Percentage Of Renters Overburdened | 35.63% ± 4.27pp |
| Total Population | 33,115 |
Population and Household Demographics
Accomack County is a county in Virginia with a population of 33,115. There are 13,961 households in the county with an average household size of 2.29 persons. 28.95% of households in Accomack County are renters.
Income and Rent Overburden in Accomack County
The median gross income for households in Accomack County is $39,412 a year, or $3,284 a month. The median rent for the county is $733 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Accomack County, a household making less than $2,443 a month would be considered overburdened when renting an apartment at or above the median rent. 35.63% of households who rent are overburdened in Accomack County.
Area Median Income In Accomack 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 Accomack County, HUD calculates the Area Median Income for a family of four as $71,500
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 Accomack 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 Accomack 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 Accomack County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$14,850 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $43,800 | $46,600 |
| 50% AMI Income Limits Renters earning up to 50% of the Accomack County AMI may qualify for rental assistance programs that target Very Low Income households. |
$24,750 | $28,250 | $31,800 | $35,300 | $38,150 | $40,950 | $43,800 | $46,600 |
| 80% AMI Income Limits Renters earning up to 80% of the Accomack County AMI may qualify for rental assistance programs that target Low Income households. |
$39,550 | $45,200 | $50,850 | $56,500 | $61,050 | $65,550 | $70,100 | $74,600 |
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