Renting · Section 8
Data from November 2026
Renting in the City of Hopewell , Virginia
The City of Hopewell has a HUD fair market rent of $1,651 a month for 2 bedrooms (Fiscal year 2027). Renter households here pay a typical rent of $1,106 a month (Average 2020–2024). Paying the fair market rent without going over 30% of income takes $31.75 an hour, full time.
Four numbers to start with
- Fair market rent, 2 bedrooms
- $1,651
- a month, HUD, Fiscal year 2027
- 8% less than in Virginia
- Typical rent
- $1,106
- a month, Census, Average 2020–2024
- 30% less than in Virginia
- Wage needed
- $31.75
- an hour, 2 bedrooms
- Or $66,040 a year, to spend no more than 30% of income on rent.
- Rent-burdened households
- 53%
- spend 30% or more of income on rent
- 10% more than in Virginia
Only here
Renting in the City of Hopewell: what sets it apart
What this place has that others do not, from public data, most unusual first.
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12% of households in the City of Hopewell have no internet at home, against 7% in Virginia.
Sources: U.S. Census Bureau (Average 2020–2024).
Fair market rent
What HUD sets for each size
Every year HUD (the U.S. Department of Housing and Urban Development) publishes a Fair Market Rent (FMR) for each home size in the City of Hopewell. It is used to work out how much a Section 8 voucher covers. The table shows what you need to earn to pay it without spending more than 30% of income.
The fair market rent covers rent plus basic utilities, except the phone. HUD generally sets it at the 40th percentile: 4 in 10 standard-quality homes rented recently cost less. 24 CFR §888.113(a)
According to Zillow (ZORI), the typical asking rent in the City of Hopewell was $1,197 a month in September 2026: 4.4% more than 12 months ago. It is an index of market listings, not a HUD limit. Zillow data
| Size | Fair rent per month | Hourly wage | Income needed per year |
|---|---|---|---|
| Studio | $1,456 | $28.00 | $58,240 |
| 1 bedroom | $1,517 | $29.17 | $60,680 |
| 2 bedrooms | $1,651 | $31.75 | $66,040 |
| 3 bedrooms | $2,039 | $39.21 | $81,560 |
| 4 bedrooms | $2,499 | $48.06 | $99,960 |
HUD area: Richmond, VA HUD Metro FMR Area. Source: HUD, Fiscal year 2027
Rent burden
How many households spend too much
HUD counts rent as a burden when it reaches 30% of income or more. In the City of Hopewell, 53% of renter households are in that position; in Virginia, 49%, and nationwide, 51% (Average 2020–2024, Census).
Paying too much rent leaves little for food, transportation and savings. If that is you, the agencies below can guide you for free.
53%
of renter households spend 30% or more of their income on rent.
3,896 households rent in the City of Hopewell
- Spend half or more of their income 28%
- Spend 30% or more, but less than half 25%
- Spend less than 30% 47%
Compared with the state and the country
- Hopewell 53%
- Virginia 49%
- United States 51%
Low-income apartments
Low-income apartments in the City of Hopewell
HUD lists 5 properties with homes for low-income households in the City of Hopewell: tax-credit apartments (LIHTC), HUD-assisted buildings and public housing. They run from the most low-income homes to the fewest.
- with tax credits (LIHTC)
- 2
- HUD-assisted
- 1
- public housing
- 2
562 homes in all; 560 of them low-income, according to HUD.
- Hopewell Heights HUD-assisted 4105 Old Iron Ct, Hopewell 23860 150 low-income homes · For older adults · (804) 451-6999
- Thomas Rolfe CT Public housing 1 Texas St, Hopewell 23860 136 low-income homes · Run by Hopewell Redevelopment & Housing Authority · Average payment: $302 a month · Average wait: 14 months · (804) 458-5160
- Davisville Public housing 200 Terminal St, Hopewell 23860 120 low-income homes · Run by Hopewell Redevelopment & Housing Authority · Average payment: $281 a month · Average wait: 21 months · (804) 458-5160
- Kippax Place Apartments Tax credit (LIHTC) 100 S Kippax St, Hopewell 23860 100 homes, 98 low-income · Studio: 60 · 1 bd: 36 · 2 bd: 4 · In service since 2018 · For families
- Summit Tax credit (LIHTC) Langston Park Drive, Hopewell 23860 56 low-income homes · 2 bd: 26 · 3 bd: 26 · 4 bd: 4 · In service since 2016 · For families
Source: HUD, retrieved November 6, 2026. LIHTC database, updated May 14, 2025; Assisted multifamily properties, updated October 23, 2026; Public housing developments, updated October 23, 2026.
Section 8
The Section 8 voucher in the City of Hopewell
The Housing Choice Voucher (Section 8) pays part of your rent on a home you choose. Your public housing agency runs it. 1 agency serves in the City of Hopewell. Here is what the rules say:
The rules, with their source
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You apply at the public housing agency. If you qualify, your name usually goes on a waiting list. Applicants must be U.S. citizens or noncitizens with eligible status as HUD defines it. Source: HUD
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Generally, your family must have very low income: no more than 50% of the area median income, by family size (the middle column of the table). Source: 24 CFR §5.603, §982.201(b)
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Each year, at least 75% of the families an agency admits from its list must have extremely low income (the 30% column). Source: 24 CFR §982.201(b)(2)
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If the rent is below the payment standard, the family generally pays 30% of its adjusted monthly income. If it is above, the family pays more. Source: 24 CFR §982.1(a)(3)
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When you move in, if the rent is above the payment standard, your share cannot go over 40% of your adjusted monthly income. Source: 24 CFR §982.508
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Each agency sets a payment standard for each size. Without asking HUD, it can go from 90% to 110% of the fair market rent. Source: 24 CFR §982.503(b), (c)
| People | Extremely low (30%) | Very low (50%) | Low |
|---|---|---|---|
| 1 person | $23,850 | $39,750 | $63,600 |
| 2 people | $27,250 | $45,400 | $72,650 |
| 3 people | $30,650 | $51,100 | $81,750 |
| 4 people | $34,050 | $56,750 | $90,800 |
| 5 people | $38,680 | $61,300 | $98,100 |
| 6 people | $44,360 | $65,850 | $105,350 |
| 7 people | $50,040 | $70,400 | $112,600 |
| 8 people | $55,720 | $74,950 | $119,900 |
Area median income: $113,500. HUD income limits by family size, Fiscal year 2026. Area: Richmond, VA HUD Metro FMR Area. Source: HUD, Fiscal year 2026
Possible payment standard
- Studio $1,310 – $1,602
- 1 bedroom $1,365 – $1,669
- 2 bedrooms $1,486 – $1,816
- 3 bedrooms $1,835 – $2,243
- 4 bedrooms $2,249 – $2,749
The range the rule allows: 90% to 110% of the county's fair market rent. Your agency publishes its own.
Housing agencies that serve this place
- Hopewell Redevelopment & Housing Authority Public housing and Section 8 vouchers · 611 vouchers · 256 public housing units (804) 458-5160 Hopewell Redevelopment & Housing Authority: lisa.wilson@hopewellrha.org
Housing agencies in Virginia Source: HUD, Retrieved November 6, 2026
Your rights as a tenant in Virginia
What Virginia law says about deposits, notices and eviction, with the citation for each rule.
See your rights, rule by ruleCompare these rules with other states →
A summary of state law, not legal advice. Cities may have additional rules.
- How much can they charge for a deposit?
- Up to 2 months of rent
- Va. Code §55.1-1226(A)
- When must they return my deposit?
- 45 days
- Va. Code §55.1-1226(A)
- If I fall behind on rent, what notice must I get?
- 14 days
- Va. Code §55.1-1245(F)
- How much notice ends a month-to-month rental?
- 30 days
- Va. Code §55.1-1253(A)
- Only a court order can remove youVa. Code §55.1-1252
- Protection from retaliationVa. Code §55.1-1258(A)
- Repair and deduct from the rentVa. Code §55.1-1244.1(C)
Help
Where to get help with rent in the City of Hopewell
This HUD-approved agency has an office in the City of Hopewell. They counsel for free or at low cost.
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Commonwealth Catholic Charities
510 W Poythress St, Hopewell · Spanish
- Mortgage delinquency and default
- Budget and credit workshops
- and 5 more
Tool
How much cash do you need to move in?
It starts with the 2-bedroom fair market rent in the City of Hopewell. Change the rent, the deposit and the fees to yours: the numbers stay in your browser.
Count power on top of the rent: in Virginia, the average home bill was $149 a month in 2024 (EIA). See electricity and gas costs
Your move
We use the place's fair market rent and the state's deposit rule.
Adjust advanced details
Let's do the math
Cash to move in
$3,302
What you need before you get the keys.
What adds up
- First month
- $1,651
- Security deposit
- $1,651
- Total
- $3,302
When you'll have it
Enter what you can set aside each month to see how long it takes.
What helps
- Ask for a receipt for every payment and keep a copy of the lease.
- On move-in day, walk through the home and take dated photos.
- Never send money for a home you haven't seen or a lease you haven't read.
This is a planning estimate, not a price. What you are asked for depends on the landlord, your lease and your state's and city's rules. It is not legal advice.
Frequently asked questions
What is the fair market rent in the City of Hopewell?
According to HUD (Fiscal year 2027): Studio: $1,456; 1 bedroom: $1,517; 2 bedrooms: $1,651; 3 bedrooms: $2,039; 4 bedrooms: $2,499. It covers rent plus basic utilities, except the phone.
How much do you need to earn to rent in the City of Hopewell?
Paying the 2-bedroom fair market rent ($1,651) without spending more than 30% of income takes $31.75 an hour full time, or $66,040 a year.
Who qualifies for Section 8 in the City of Hopewell?
Generally, families with very low income: no more than 50% of the area median income. For 4 people, HUD's limit here is $56,750 a year (Fiscal year 2026). The family usually pays 30% of its adjusted monthly income. You apply at the housing agency.
How much does Section 8 pay in the City of Hopewell?
The voucher pays up to your housing agency's payment standard, minus your share. The rule lets the agency set it between 90% and 110% of the fair market rent: for 2 bedrooms here, between $1,486 and $1,816 a month. Your agency publishes its figure.
How many low-income apartments are there in the City of Hopewell?
HUD lists 5 properties with homes for low-income households in the City of Hopewell: tax-credit apartments (LIHTC), HUD-assisted buildings and public housing. They run from the most low-income homes to the fewest. For tax-credit apartments and HUD-assisted buildings, you apply directly at the building's management office. They tell you whether units are open and how to apply; HUD does not have that information.
How many households spend too much on rent in the City of Hopewell?
HUD counts rent as a burden when it reaches 30% of income or more. In the City of Hopewell, 53% of renter households are in that position; in Virginia, 49%, and nationwide, 51% (Average 2020–2024, Census).