What HUD offices serve Horsham, 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 Horsham.
How many renters live in Horsham, Pennsylvania?
The City of Horsham has people living in households.
There are renters living in renter households in this City. Renters make up 29.64 percent of the population living in Horsham.
What is the rental market like in Horsham, Pennsylvania?
There are an estimated housing units in the Horsham area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Horsham, Pennsylvania, there are 1.08 rental units.
What is the vacancy rate for rentals in Horsham?
The rental vacancy rate in Horsham is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Horsham for each bedroom size?
Occupied Rental Units by Size in Horsham
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
20 | 428 | 1,012 | 285 | 0 |
Occupied Rental Units by Size in Horsham
A large number of apartments in Horsham 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 Horsham
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,303 to $2,422. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,303 |
One BR | $1,451 |
Two BR | $1,737 |
Three BR | $2,100 |
Four BR | $2,422 |
2024 Fair Market Rents in Horsham, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Horsham?
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 | 12 | 60 percent |
One BR | 387 | 90 percent |
Two BR | 599 | 59 percent |
Rental Units Below FMR in Horsham, Pennsylvania
How many affordable rental units are in Horsham?
Income Based Apartments in Horsham, Pennsylvania
Horsham 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 Horsham, Pennsylvania
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Horsham.
Housing Choice Vouchers in Horsham, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Horsham landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Horsham.
The maximum amount a voucher would pay on behalf of a low-income tenant in Horsham, Pennsylvania for a two-bedroom apartment is between $1,563 and $1,911.
Sourced from federal housing data and AffordableHousingOnline.com research.