What HUD offices serve Mercersburg, 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 Mercersburg.
How many renters live in Mercersburg, Pennsylvania?
The City of Mercersburg has people living in households.
There are renters living in renter households in this City. Renters make up 38.41 percent of the population living in Mercersburg.
What is the rental market like in Mercersburg, Pennsylvania?
There are an estimated housing units in the Mercersburg area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mercersburg, Pennsylvania, there are 1.07 rental units.
What is the vacancy rate for rentals in Mercersburg?
The rental vacancy rate in Mercersburg 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 Mercersburg for each bedroom size?
Occupied Rental Units by Size in Mercersburg
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 99 | 145 | 102 | 15 |
Occupied Rental Units by Size in Mercersburg
A large number of apartments in Mercersburg 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 Mercersburg
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $914 to $1,719. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $914 |
One BR | $920 |
Two BR | $1,150 |
Three BR | $1,529 |
Four BR | $1,719 |
2024 Fair Market Rents in Mercersburg, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Mercersburg?
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 | 85 | 86 percent |
Two BR | 117 | 81 percent |
Rental Units Below FMR in Mercersburg, Pennsylvania
How many affordable rental units are in Mercersburg?
There are a variety of federal affordable housing programs serving households in Mercersburg, Pennsylvania including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Mercersburg, Pennsylvania
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Mercersburg, Pennsylvania
Mercersburg features 40 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 Mercersburg, Pennsylvania
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mercersburg.
Housing Choice Vouchers in Mercersburg, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Mercersburg landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mercersburg.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mercersburg, Pennsylvania for a two-bedroom apartment is between $1,035 and $1,265.
Sourced from federal housing data and AffordableHousingOnline.com research.