What HUD offices serve Castle Shannon, 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 Castle Shannon.
How many renters live in Castle Shannon, Pennsylvania?
The City of Castle Shannon has people living in households.
There are renters living in renter households in this City. Renters make up 34.59 percent of the population living in Castle Shannon.
What is the rental market like in Castle Shannon, Pennsylvania?
There are an estimated housing units in the Castle Shannon area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Castle Shannon, Pennsylvania, there are 1.12 rental units.
What is the vacancy rate for rentals in Castle Shannon?
The rental vacancy rate in Castle Shannon is 6 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 Castle Shannon for each bedroom size?
Occupied Rental Units by Size in Castle Shannon
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 24 | 741 | 629 | 171 | 12 |
Occupied Rental Units by Size in Castle Shannon
A large number of apartments in Castle Shannon have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Castle Shannon
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $917 to $1,605. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $917 |
| One BR | $965 |
| Two BR | $1,161 |
| Three BR | $1,474 |
| Four BR | $1,605 |
2024 Fair Market Rents in Castle Shannon, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Castle Shannon?
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 | 24 | 100 percent |
| One BR | 487 | 66 percent |
| Two BR | 326 | 52 percent |
Rental Units Below FMR in Castle Shannon, Pennsylvania
How many affordable rental units are in Castle Shannon?
Income Based Apartments in Castle Shannon, Pennsylvania
Castle Shannon 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 Castle Shannon, Pennsylvania
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Castle Shannon.
Housing Choice Vouchers in Castle Shannon, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Castle Shannon landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Castle Shannon.
The maximum amount a voucher would pay on behalf of a low-income tenant in Castle Shannon, Pennsylvania for a two-bedroom apartment is between $1,045 and $1,277.
Sourced from federal housing data and AffordableHousingOnline.com research.