Affordable Housing In Mount Pocono
Monroe County, Pennsylvania

3 Low Income Apartment Communities In Mount Pocono

Knob Crest

3 Knob Rd
Mount Pocono, PA
Accepts Vouchers
62+

Belmont Knoll

1 Center Ave
Mount Pocono, PA
Accepts Vouchers
62+

Limekiln Manor Apartments

19 Kinney Ave
Mount Pocono, PA
Accepts Vouchers
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Housing Authorities that serve Mount Pocono

Housing Authority Programs
Housing Authority of Monroe County Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Mount Pocono, Pennsylvania

There are 3 low income housing apartment communities offering 160 affordable apartments for rent in Mount Pocono, Pennsylvania. Mount Pocono features 0 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 160 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Mount Pocono.

Sourced from federal housing data and AffordableHousingOnline.com research.

Mount Pocono, PA Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 160
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 35.77%
Average Renter Household Size 2.46
Average Household Size 2.67
Median Household Income $43,705 ±$12,552
Median Rent $881 ±$179
Percentage Of Renters Overburdened 63.7% ± 22.83pp
Total Population 3,106

Population and Household Demographics

Mount Pocono is a City in Monroe County, Pennsylvania with a population of 3,106. There are 1,163 households in the city with an average household size of 2.67 persons. 35.77% of households in Mount Pocono are renters.

Income and Rent Overburden in Mount Pocono

The median gross income for households in Mount Pocono is $43,705 a year, or $3,642 a month. The median rent for the city is $881 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mount Pocono, a household making less than $2,937 a month would be considered overburdened when renting an apartment at or above the median rent. 63.7% of households who rent are overburdened in Mount Pocono.1

Area Median Income In Mount Pocono

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Mount Pocono, the AMI is calculated from all households within Monroe County.

In Mount Pocono, 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 Mount Pocono

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 Mount Pocono HUD Rental Assistance in Mount Pocono

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
Fair Market Rents in Mount Pocono

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