What HUD offices serve State College, 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.
Go to the Pennsylvania Public Housing and Low-Income Apartments Waiting Lists page for openings near State College.
How many renters live in State College, Pennsylvania?
The City of State College has 40,902 people living in 11,357 households.
There are 19,904 renters living in 8,381 renter households in this City. Renters make up 48.66 percent of the population living in State College.
What is the rental market like in State College, Pennsylvania?
There are an estimated 13,058 housing units in the State College area. Of these, 9,581 units are rental homes, making up 73 percent of the housing market. For every renter household in State College, Pennsylvania, there are 1 rental units.
What is the vacancy rate for rentals in State College?
The rental vacancy rate in State College is 4 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 State College for each bedroom size?
Occupied Rental Units by Size in State College
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 1,254 | 2,370 | 2,849 | 1,080 | 655 |
Occupied Rental Units by Size in State College
A large number of apartments in State College 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 State College are overburdened by housing costs?
Among renter households in this market, 63 percent have housing cost burden. Further, 42 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 State College
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,122 to $1,754. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,122 |
| One BR | $1,133 |
| Two BR | $1,317 |
| Three BR | $1,593 |
| Four BR | $1,754 |
2024 Fair Market Rents in State College, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in State College?
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 | 572 | 46 percent |
| One BR | 1,168 | 49 percent |
| Two BR | 1,639 | 58 percent |
Rental Units Below FMR in State College, Pennsylvania
How many affordable rental units are in State College?
There are a variety of federal affordable housing programs serving households in State College, Pennsylvania including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 175 |
Tracked Units by Federal Program in State College, Pennsylvania
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in State College, Pennsylvania
State College features 151 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 State College, Pennsylvania
There are 332 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in State College.
Housing Choice Vouchers in State College, Pennsylvania
On average, Section 8 Housing Choice vouchers pay State College landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in State College.
The maximum amount a voucher would pay on behalf of a low-income tenant in State College, Pennsylvania for a two-bedroom apartment is between $1,185 and $1,449.
Sourced from federal housing data and AffordableHousingOnline.com research.
