Builders Patch | HousingCount Rockingham County affordable housing data.
Rockingham County
Summary
29.1% share of renter households
45.5% share of low-income households
42.3% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
11,055 |
| Homeowner households |
26,871 |
| Total households |
37,926 |
Low-income renter households
| Income Group |
Households |
% share |
| Extremely low-income (≤30% AMI) |
1,218 |
11.0% |
| Very low-income (31-50% AMI) |
1,674 |
15.1% |
| Low-income (51-80% AMI) |
2,135 |
19.3% |
| All low-income households (<80% AMI) |
5,027 |
45.5% |
Rent-burdened households
| Share of Income Spent on Rent |
Households |
% share |
| Moderately rent-burdened |
2,815 |
25.5% |
| 30.0–34.9% |
1,299 |
11.8% |
| 35.0–39.9% |
724 |
6.5% |
| 40.0-49.9% |
792 |
7.2% |
| Severely rent-burdened |
1,863 |
16.9% |
| ≥50.0% |
1,863 |
16.9% |
| All rent-burdened households |
4,678 |
42.3% |
Affordable housing shortage
Rent vs median household income
| Year |
Median Household Income ($) |
Median Rent ($) |
Increase (%) |
| 2010 |
24,043 |
506 |
- |
| 2021 |
27,088 |
501 |
12.7% |
Affordable housing stock
| Category |
Units |
| Supply (current stock) |
816 |
| Demand (total units needed) |
2,559 |
| Shortage |
1,954 |
| Total shortage |
1,954 |
| Supply/Demand Ratio |
31.9% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name of Property |
Construction Type |
Year |
Number of Units |
Income Ceiling |
LIHTC Allocation |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
154 |
60% AMI |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
2007 |
99 |
60% AMI |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
2012 |
200 |
60% AMI |
$504,385 |
| HUNTINGTON RESERVE |
N/A |
2006 |
168 |
60% AMI |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
61 |
60% AMI |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
2008 |
65 |
60% AMI |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
88 |
60% AMI |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
2013 |
39 |
60% AMI |
$674,261 |
| IMPERIAL GARDENS FAMILY APTS |
New construction |
2009 |
76 |
60% AMI |
$1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS |
Acquisition and Rehab |
2016 |
41 |
60% AMI |
$435,816 |
| ... |
... |
... |
... |
... |
... |
| HUDSON BAY APTS |
New construction |
2001 |
79 |
60% AMI |
$776,104 |
| HIDDEN COVE APTS |
Acquisition and Rehab |
2003 |
87 |
60% AMI |
$310,899 |
| HOWARD AVENUE APTS |
Acquisition and Rehab |
2006 |
4 |
60% AMI |
$51,978 |
HousingCount
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