Affordable Housing In Monroe County
Pennsylvania
16 Low Income Apartment Communities In Monroe County
Eagle Valley Apartments
Housing Authorities that serve Monroe County
| Housing Authority | Programs |
|---|---|
| Housing Authority of Monroe County | Section 8 Housing Choice Voucher (HCV); Public Housing |
Guide To Affordable Housing in Monroe County, Pennsylvania
There are 16 low income housing apartment communities offering 913 affordable apartments for rent in Monroe County, Pennsylvania. Monroe County features 501 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 412 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Monroe County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Monroe County, PA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 16 |
|---|---|
| Total Low Income Apartments | 913 |
| Total Housing Units with Rental Assistance | 501 |
| Percentage of Housing Units Occupied By Renters | 21.64% |
| Average Renter Household Size | 2.77 |
| Average Household Size | 2.89 |
| Median Household Income | $57,365 ±$2,071 |
| Median Rent | $1,014 ±$44 |
| Percentage Of Renters Overburdened | 53.34% ± 3.37pp |
| Total Population | 167,881 |
Population and Household Demographics
Monroe County is a County in Pennsylvania with a population of 167,881. There are 57,297 households in the county with an average household size of 2.89 persons. 21.64% of households in Monroe County are renters.
Income and Rent Overburden in Monroe County
The median gross income for households in Monroe County is $57,365 a year, or $4,780 a month. The median rent for the county is $1,014 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Monroe County, a household making less than $3,380 a month would be considered overburdened when renting an apartment at or above the median rent. 53.34% of households who rent are overburdened in Monroe County.1
Area Median Income In Monroe County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Monroe County, HUD calculates the Area Median Income for a family of four as $78,800
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Monroe County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for Monroe County HUD Rental Assistance in Monroe County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $16,600 | $18,950 | $21,330 | $25,750 | $30,170 | $34,590 | $39,010 | $43,430 |
| 50% of Median | $27,600 | $31,550 | $35,500 | $39,400 | $42,600 | $45,750 | $48,900 | $52,050 |
| 80% of Median | $44,150 | $50,450 | $56,750 | $63,050 | $68,100 | $73,150 | $78,200 | $83,250 |
Low Income Housing Tax Credits in Monroe County
The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.
From 1997 to 2011, 7 low income apartment communities containing 404 rental apartments have been constructed and made affordable to low income persons in Monroe County by the Low Income Housing Tax Credit Program.
If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.
Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.
Income Qualifications for Low Income Housing Tax Credit Apartments in Monroe County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 50% of Median | $27,600 | $31,550 | $35,500 | $39,400 | $42,600 | $45,750 | $48,900 | $52,050 |
| 60% of Median | $33,120 | $37,860 | $42,600 | $47,280 | $51,120 | $54,900 | $58,680 | $62,460 |
For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Monroe County is $42,600 a year, or $3,550 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,550 by 30% to get a maximum rent of $1,065 a month.
Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.
| % of AMI | Studio | 1 Bed | 2 Bed | 3 Bed | 4 Bed | 5 Bed |
|---|---|---|---|---|---|---|
| 50% | $690 | $739 | $888 | $1,025 | $1,144 | $1,262 |
| 60% | $828 | $887 | $1,065 | $1,230 | $1,373 | $1,514 |
Fair Market Rents in Monroe County
Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.
2020 Fair Market Rents
| Studio | One BR | Two BR | Three BR | Four BR |
|---|---|---|---|---|
| $723 | $829 | $1,050 | $1,451 | $1,671 |
Cities In Monroe County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Listings | Served By |
|---|---|---|
| East Stroudsburg | 6 | The HUD funded Public Housing Agency that serves East Stroudsburg is the Housing Authority of Monroe County. |
| Stroudsburg | 6 | The HUD funded Public Housing Agency that serves Stroudsburg is the Housing Authority of Monroe County. |
| Mount Pocono | 3 | The HUD funded Public Housing Agency that serves Mount Pocono is the Housing Authority of Monroe County. |
| Harrodsburg | 0 | The HUD funded Public Housing Agency that serves Harrodsburg is the Housing Authority of Monroe County. |
| Smithville-Sanders | 0 | The HUD funded Public Housing Agency that serves Smithville-Sanders is the Housing Authority of Monroe County. |
| Stinesville | 0 | The HUD funded Public Housing Agency that serves Stinesville is the Housing Authority of Monroe County. |
| Arlington Heights | 0 | The HUD funded Public Housing Agency that serves Arlington Heights is the Housing Authority of Monroe County. |
| Barrett | 0 | The HUD funded Public Housing Agency that serves Barrett is the Housing Authority of Monroe County. |
| Brodheadsville | 0 | The HUD funded Public Housing Agency that serves Brodheadsville is the Housing Authority of Monroe County. |
| Chestnuthill | 0 | The HUD funded Public Housing Agency that serves Chestnuthill is the Housing Authority of Monroe County. |
| Coolbaugh | 0 | The HUD funded Public Housing Agency that serves Coolbaugh is the Housing Authority of Monroe County. |
| Delaware Water Gap | 0 | The HUD funded Public Housing Agency that serves Delaware Water Gap is the Housing Authority of Monroe County. |
| Effort | 0 | The HUD funded Public Housing Agency that serves Effort is the Housing Authority of Monroe County. |
| Eldred | 0 | The HUD funded Public Housing Agency that serves Eldred is the Housing Authority of Monroe County. |
| Emerald Lakes | 0 | The HUD funded Public Housing Agency that serves Emerald Lakes is the Housing Authority of Monroe County. |
| Gouldsboro | 0 | The HUD funded Public Housing Agency that serves Gouldsboro is the Housing Authority of Monroe County. |
| Hamilton | 0 | The HUD funded Public Housing Agency that serves Hamilton is the Housing Authority of Monroe County. |
| Jackson | 0 | The HUD funded Public Housing Agency that serves Jackson is the Housing Authority of Monroe County. |
| Middle Smithfield | 0 | The HUD funded Public Housing Agency that serves Middle Smithfield is the Housing Authority of Monroe County. |
| Mountainhome | 0 | The HUD funded Public Housing Agency that serves Mountainhome is the Housing Authority of Monroe County. |
| Paradise | 1 | The HUD funded Public Housing Agency that serves Paradise is the Housing Authority of Monroe County. |
| Penn Estates | 0 | The HUD funded Public Housing Agency that serves Penn Estates is the Housing Authority of Monroe County. |
| Pocono | 0 | The HUD funded Public Housing Agency that serves Pocono is the Housing Authority of Monroe County. |
| Pocono Pines | 0 | The HUD funded Public Housing Agency that serves Pocono Pines is the Housing Authority of Monroe County. |
| Polk | 0 | The HUD funded Public Housing Agency that serves Polk is the Housing Authority of Monroe County. |
| Price | 0 | The HUD funded Public Housing Agency that serves Price is the Housing Authority of Monroe County. |
| Ross | 0 | The HUD funded Public Housing Agency that serves Ross is the Housing Authority of Monroe County. |
| Saw Creek | 0 | The HUD funded Public Housing Agency that serves Saw Creek is the Housing Authority of Monroe County. |
| Saylorsburg | 0 | The HUD funded Public Housing Agency that serves Saylorsburg is the Housing Authority of Monroe County. |
| Sierra View | 0 | The HUD funded Public Housing Agency that serves Sierra View is the Housing Authority of Monroe County. |
| Smithfield | 0 | The HUD funded Public Housing Agency that serves Smithfield is the Housing Authority of Monroe County. |
| Stroud | 0 | The HUD funded Public Housing Agency that serves Stroud is the Housing Authority of Monroe County. |
| Sun Valley | 0 | The HUD funded Public Housing Agency that serves Sun Valley is the Housing Authority of Monroe County. |
| Tobyhanna | 0 | The HUD funded Public Housing Agency that serves Tobyhanna is the Housing Authority of Monroe County. |
| Tunkhannock | 0 | The HUD funded Public Housing Agency that serves Tunkhannock is the Housing Authority of Monroe County. |
