Low Income Apartments and Affordable Housing For Rent in Bradford, PA

Discover affordable housing in Bradford where there are 1+ 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.

KIWANIS COURT

1 KIWANIS CT, Bradford, Pennsylvania 16701

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bradford, Pennsylvania
$16.00/hour
$8.75 (+121%) more than Pennsylvania minimum wage and $8.75 (+121%) more than the Federal minimum wage.
Learn More About Bradford, Pennsylvania Affordable Housing ↓

What HUD offices serve Bradford, 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 Bradford, Pennsylvania.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Bradford, Pennsylvania.

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

How many renters live in Bradford, Pennsylvania?

The City of Bradford has 7,847 people living in 3,194 households.

There are 3,131 renters living in 1,364 renter households in this City. Renters make up 39.9 percent of the population living in Bradford.

What is the rental market like in Bradford, Pennsylvania?

There are an estimated 3,612 housing units in the Bradford area. Of these, 1,388 units are rental homes, making up 38 percent of the housing market. For every renter household in Bradford, Pennsylvania, there are 1 rental units.

What is the vacancy rate for rentals in Bradford?

The rental vacancy rate in Bradford is 2 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 Bradford for each bedroom size?

Occupied Rental Units by Size in Bradford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
119 383 430 334 49
Occupied Rental Units by Size in Bradford

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

Among renter households in this market, 45 percent have housing cost burden. Further, 25 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 Bradford

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $616 to $1,251. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $616
One BR $674
Two BR $845
Three BR $1,073
Four BR $1,251
2024 Fair Market Rents in Bradford, Pennsylvania

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

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 58 49 percent
One BR 287 75 percent
Two BR 286 67 percent
Rental Units Below FMR in Bradford, Pennsylvania

How many affordable rental units are in Bradford?

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

Federal Program Unit Count
Low Income Housing Tax Credit 32
Public Housing 128
Section 8 Project-Based Rental Assistance 145
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Bradford, Pennsylvania

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

Income Based Apartments in Bradford, Pennsylvania

Bradford features 50 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 Bradford, Pennsylvania

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bradford.

Housing Choice Vouchers in Bradford, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Bradford landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Bradford.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bradford, Pennsylvania for a two-bedroom apartment is between $761 and $930.

Sourced from federal housing data and AffordableHousingOnline.com research.