What HUD offices serve Lock Haven, 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 Lock Haven.
How many renters live in Lock Haven, Pennsylvania?
The City of Lock Haven has 8,422 people living in 3,287 households.
There are 4,742 renters living in 2,180 renter households in this City. Renters make up 56.3 percent of the population living in Lock Haven.
What is the rental market like in Lock Haven, Pennsylvania?
There are an estimated 3,713 housing units in the Lock Haven area. Of these, 2,418 units are rental homes, making up 65 percent of the housing market. For every renter household in Lock Haven, Pennsylvania, there are 1 rental units.
What is the vacancy rate for rentals in Lock Haven?
The rental vacancy rate in Lock Haven 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 Lock Haven for each bedroom size?
Occupied Rental Units by Size in Lock Haven
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
70 | 698 | 702 | 417 | 186 |
Occupied Rental Units by Size in Lock Haven
A large number of apartments in Lock Haven 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 Lock Haven are overburdened by housing costs?
Among renter households in this market, 51 percent have housing cost burden. Further, 28 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 Lock Haven
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $684 to $1,546. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $684 |
One BR | $705 |
Two BR | $911 |
Three BR | $1,142 |
Four BR | $1,546 |
2024 Fair Market Rents in Lock Haven, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Lock Haven?
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 | 50 | 71 percent |
One BR | 457 | 65 percent |
Two BR | 366 | 52 percent |
Rental Units Below FMR in Lock Haven, Pennsylvania
How many affordable rental units are in Lock Haven?
There are a variety of federal affordable housing programs serving households in Lock Haven, Pennsylvania including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | 111 |
Public Housing | 350 |
Section 8 Project-Based Rental Assistance | 201 |
Mod Rehab Project-Based Rental Assistance | 3 |
Section 202 Supportive Housing for the Elderly | 11 |
USDA Section 515 Rural Rental Housing | 67 |
Tracked Units by Federal Program in Lock Haven, Pennsylvania
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Lock Haven, Pennsylvania
Lock Haven features 752 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 Lock Haven, Pennsylvania
There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lock Haven.
Housing Choice Vouchers in Lock Haven, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Lock Haven landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lock Haven.
The maximum amount a voucher would pay on behalf of a low-income tenant in Lock Haven, Pennsylvania for a two-bedroom apartment is between $820 and $1,002.
Sourced from federal housing data and AffordableHousingOnline.com research.