What HUD offices serve King of Prussia, 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 King of Prussia.
How many renters live in King of Prussia, Pennsylvania?
The City of King of Prussia has people living in households.
There are renters living in renter households in this City. Renters make up 42.35 percent of the population living in King of Prussia.
What is the rental market like in King of Prussia, Pennsylvania?
There are an estimated housing units in the King of Prussia area. Of these, units are rental homes, making up percent of the housing market. For every renter household in King of Prussia, Pennsylvania, there are 1.13 rental units.
What is the vacancy rate for rentals in King of Prussia?
The rental vacancy rate in King of Prussia is 10 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 King of Prussia for each bedroom size?
Occupied Rental Units by Size in King of Prussia
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 527 | 2,624 | 1,921 | 418 | 107 |
Occupied Rental Units by Size in King of Prussia
A large number of apartments in King of Prussia 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 King of Prussia
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 King of Prussia, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in King of Prussia?
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 | 122 | 23 percent |
| One BR | 702 | 27 percent |
| Two BR | 294 | 15 percent |
Rental Units Below FMR in King of Prussia, Pennsylvania
How many affordable rental units are in King of Prussia?
There are a variety of federal affordable housing programs serving households in King of Prussia, Pennsylvania including the following:
| Federal Program | Unit Count |
| Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in King of Prussia, Pennsylvania
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in King of Prussia, Pennsylvania
King of Prussia 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 King of Prussia, Pennsylvania
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in King of Prussia.
Housing Choice Vouchers in King of Prussia, Pennsylvania
On average, Section 8 Housing Choice vouchers pay King of Prussia landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in King of Prussia.
The maximum amount a voucher would pay on behalf of a low-income tenant in King of Prussia, Pennsylvania for a two-bedroom apartment is between $1,563 and $1,911.
Sourced from federal housing data and AffordableHousingOnline.com research.