What HUD offices serve Lykens, 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 Lykens.
How many renters live in Lykens, Pennsylvania?
The City of Lykens has 1,631 people living in 755 households.
There are 474 renters living in 289 renter households in this City. Renters make up 29.06 percent of the population living in Lykens.
What is the rental market like in Lykens, Pennsylvania?
There are an estimated 906 housing units in the Lykens area. Of these, 324 units are rental homes, making up 36 percent of the housing market. For every renter household in Lykens, Pennsylvania, there are 1 rental units.
What is the vacancy rate for rentals in Lykens?
The rental vacancy rate in Lykens is 11 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 Lykens for each bedroom size?
Occupied Rental Units by Size in Lykens
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 12 | 80 | 63 | 28 | 106 |
Occupied Rental Units by Size in Lykens
A large number of apartments in Lykens 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 Lykens are overburdened by housing costs?
Among renter households in this market, 27 percent have housing cost burden. Further, 20 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 Lykens
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $876 to $1,695. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $876 |
| One BR | $1,021 |
| Two BR | $1,273 |
| Three BR | $1,634 |
| Four BR | $1,695 |
2024 Fair Market Rents in Lykens, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Lykens?
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 | 100 percent |
| One BR | 80 | 100 percent |
| Two BR | 63 | 100 percent |
Rental Units Below FMR in Lykens, Pennsylvania
How many affordable rental units are in Lykens?
There are a variety of federal affordable housing programs serving households in Lykens, Pennsylvania including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 28 |
| Public Housing | 58 |
Tracked Units by Federal Program in Lykens, Pennsylvania
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Lykens, Pennsylvania
Lykens features 67 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 Lykens, Pennsylvania
There are 28 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lykens.
Housing Choice Vouchers in Lykens, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Lykens landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Lykens.
The maximum amount a voucher would pay on behalf of a low-income tenant in Lykens, Pennsylvania for a two-bedroom apartment is between $1,146 and $1,400.
Sourced from federal housing data and AffordableHousingOnline.com research.
