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

Discover affordable housing in Hooversville 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.

Stony Creek Commons

969 Barn St, Hooversville, Pennsylvania 15936

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hooversville, 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 Hooversville, Pennsylvania Affordable Housing ↓

What HUD offices serve Hooversville, 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 Hooversville, Pennsylvania.

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

How many renters live in Hooversville, Pennsylvania?

The City of Hooversville has 722 people living in 285 households.

There are 73 renters living in 48 renter households in this City. Renters make up 10.11 percent of the population living in Hooversville.

What is the rental market like in Hooversville, Pennsylvania?

There are an estimated 337 housing units in the Hooversville area. Of these, 48 units are rental homes, making up 14 percent of the housing market. For every renter household in Hooversville, Pennsylvania, there are 1 rental units.

What is the vacancy rate for rentals in Hooversville?

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

Occupied Rental Units by Size in Hooversville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 22 10 13 3
Occupied Rental Units by Size in Hooversville

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

Among renter households in this market, 15 percent have housing cost burden. Further, 4 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 Hooversville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $728 to $1,235. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $728
One BR $732
Two BR $845
Three BR $1,158
Four BR $1,235
2024 Fair Market Rents in Hooversville, Pennsylvania

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

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
One BR 22 100 percent
Two BR 8 80 percent
Rental Units Below FMR in Hooversville, Pennsylvania

How many affordable rental units are in Hooversville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 32
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Hooversville, Pennsylvania

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

Income Based Apartments in Hooversville, Pennsylvania

Hooversville features 32 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 Hooversville, Pennsylvania

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

Housing Choice Vouchers in Hooversville, Pennsylvania

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.