What HUD offices serve Koppel, 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 Koppel.
How many renters live in Koppel, Pennsylvania?
The City of Koppel has 743 people living in 312 households.
There are 152 renters living in 69 renter households in this City. Renters make up 20.46 percent of the population living in Koppel.
What is the rental market like in Koppel, Pennsylvania?
There are an estimated 358 housing units in the Koppel area. Of these, 82 units are rental homes, making up 23 percent of the housing market. For every renter household in Koppel, Pennsylvania, there are 1 rental units.
What is the vacancy rate for rentals in Koppel?
The rental vacancy rate in Koppel is 12 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 Koppel for each bedroom size?
Occupied Rental Units by Size in Koppel
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 8 | 28 | 27 | 6 |
Occupied Rental Units by Size in Koppel
A large number of apartments in Koppel 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 Koppel are overburdened by housing costs?
Among renter households in this market, 32 percent have housing cost burden. Further, 10 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 Koppel
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 Koppel, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Koppel?
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 | 8 | 100 percent |
| Two BR | 26 | 93 percent |
Rental Units Below FMR in Koppel, Pennsylvania
How many affordable rental units are in Koppel?
There are a variety of federal affordable housing programs serving households in Koppel, Pennsylvania including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 19 |
Tracked Units by Federal Program in Koppel, Pennsylvania
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Koppel, Pennsylvania
Koppel 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 Koppel, Pennsylvania
There are 38 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Koppel.
Housing Choice Vouchers in Koppel, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Koppel landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Koppel.
The maximum amount a voucher would pay on behalf of a low-income tenant in Koppel, Pennsylvania for a two-bedroom apartment is between $1,045 and $1,277.
Sourced from federal housing data and AffordableHousingOnline.com research.
