Low Income Apartments and Affordable Housing For Rent in Mount Pocono, PA

Discover affordable housing in Mount Pocono where there are 3+ 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.

Knob Crest

3 Knob Rd, Mount Pocono, Pennsylvania 18344

Limekiln Manor Apartments

19 Kinney Ave, Mount Pocono, Pennsylvania 18344

Belmont Knoll

1 Center Ave, Mount Pocono, Pennsylvania 18344

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mount Pocono, Pennsylvania
$27.84/hour
$20.59 (+284%) more than Pennsylvania minimum wage and $20.59 (+284%) more than the Federal minimum wage.
Learn More About Mount Pocono, Pennsylvania Affordable Housing ↓

What HUD offices serve Mount Pocono, Pennsylvania?

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Mount Pocono, Pennsylvania.

Go to the Pennsylvania Public Housing and Low-Income Apartments Waiting Lists page for openings near Mount Pocono.

How many renters live in Mount Pocono, Pennsylvania?

The City of Mount Pocono has 3,098 people living in 1,124 households.

There are 791 renters living in 393 renter households in this City. Renters make up 25.53 percent of the population living in Mount Pocono.

What is the rental market like in Mount Pocono, Pennsylvania?

There are an estimated 1,175 housing units in the Mount Pocono area. Of these, 393 units are rental homes, making up 33 percent of the housing market. For every renter household in Mount Pocono, Pennsylvania, there are 1 rental units.

What is the vacancy rate for rentals in Mount Pocono?

The rental vacancy rate in Mount Pocono is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Mount Pocono for each bedroom size?

Occupied Rental Units by Size in Mount Pocono
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
39 198 30 113 0
Occupied Rental Units by Size in Mount Pocono

A large number of apartments in Mount Pocono 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 Mount Pocono are overburdened by housing costs?

Among renter households in this market, 77 percent have housing cost burden. Further, 48 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 Mount Pocono

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,111 to $2,376. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,111
One BR $1,119
Two BR $1,470
Three BR $1,988
Four BR $2,376
2024 Fair Market Rents in Mount Pocono, Pennsylvania

How many units are rented at Fair Market Rent (FMR) in Mount Pocono?

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 0 100 percent
One BR 187 94 percent
Two BR 13 43 percent
Rental Units Below FMR in Mount Pocono, Pennsylvania

How many affordable rental units are in Mount Pocono?

There are a variety of federal affordable housing programs serving households in Mount Pocono, Pennsylvania including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 120
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Mount Pocono, Pennsylvania

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

Income Based Apartments in Mount Pocono, Pennsylvania

Mount Pocono features 0 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 Mount Pocono, Pennsylvania

There are 120 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mount Pocono.

Housing Choice Vouchers in Mount Pocono, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Mount Pocono landlords $1,400 per month towards rent. The average voucher holder contributes $300 towards rent in Mount Pocono.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mount Pocono, Pennsylvania for a two-bedroom apartment is between $1,323 and $1,617.

Sourced from federal housing data and AffordableHousingOnline.com research.