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

Discover affordable housing in Greencastle 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.

Strathmeade Square Parkside Dev. Assoc

79 Eastern Ave, Greencastle, Pennsylvania 17225

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Greencastle, Pennsylvania
$21.78/hour
$14.53 (+200%) more than Pennsylvania minimum wage and $14.53 (+200%) more than the Federal minimum wage.
Learn More About Greencastle, Pennsylvania Affordable Housing ↓

What HUD offices serve Greencastle, 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, Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Greencastle, Pennsylvania.

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

How many renters live in Greencastle, Pennsylvania?

The City of Greencastle has 4,235 people living in 1,698 households.

There are 1,213 renters living in 553 renter households in this City. Renters make up 28.64 percent of the population living in Greencastle.

What is the rental market like in Greencastle, Pennsylvania?

There are an estimated 1,830 housing units in the Greencastle area. Of these, 614 units are rental homes, making up 34 percent of the housing market. For every renter household in Greencastle, Pennsylvania, there are 1 rental units.

What is the vacancy rate for rentals in Greencastle?

The rental vacancy rate in Greencastle 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 Greencastle for each bedroom size?

Occupied Rental Units by Size in Greencastle
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
40 126 207 132 48
Occupied Rental Units by Size in Greencastle

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

Among renter households in this market, 26 percent have housing cost burden. Further, 18 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 Greencastle

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $914 to $1,719. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $914
One BR $920
Two BR $1,150
Three BR $1,529
Four BR $1,719
2024 Fair Market Rents in Greencastle, Pennsylvania

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

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 40 100 percent
One BR 120 95 percent
Two BR 132 64 percent
Rental Units Below FMR in Greencastle, Pennsylvania

How many affordable rental units are in Greencastle?

Income Based Apartments in Greencastle, Pennsylvania

Greencastle 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 Greencastle, Pennsylvania

There are 23 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greencastle.

Housing Choice Vouchers in Greencastle, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Greencastle landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Greencastle.

The maximum amount a voucher would pay on behalf of a low-income tenant in Greencastle, Pennsylvania for a two-bedroom apartment is between $1,035 and $1,265.

Sourced from federal housing data and AffordableHousingOnline.com research.