What HUD offices serve Nesquehoning, 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 Nesquehoning.
How many renters live in Nesquehoning, Pennsylvania?
The City of Nesquehoning has 3,341 people living in 1,183 households.
There are 1,268 renters living in 505 renter households in this City. Renters make up 37.95 percent of the population living in Nesquehoning.
What is the rental market like in Nesquehoning, Pennsylvania?
There are an estimated 1,492 housing units in the Nesquehoning area. Of these, 609 units are rental homes, making up 41 percent of the housing market. For every renter household in Nesquehoning, Pennsylvania, there are 1 rental units.
What is the vacancy rate for rentals in Nesquehoning?
The rental vacancy rate in Nesquehoning is 17 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 Nesquehoning for each bedroom size?
Occupied Rental Units by Size in Nesquehoning
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 66 | 37 | 178 | 204 | 0 |
Occupied Rental Units by Size in Nesquehoning
A large number of apartments in Nesquehoning 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 Nesquehoning are overburdened by housing costs?
Among renter households in this market, 48 percent have housing cost burden. Further, 22 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 Nesquehoning
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $972 to $1,900. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $972 |
| One BR | $1,137 |
| Two BR | $1,426 |
| Three BR | $1,821 |
| Four BR | $1,900 |
2024 Fair Market Rents in Nesquehoning, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Nesquehoning?
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 | 62 | 94 percent |
| One BR | 37 | 100 percent |
| Two BR | 171 | 96 percent |
Rental Units Below FMR in Nesquehoning, Pennsylvania
How many affordable rental units are in Nesquehoning?
There are a variety of federal affordable housing programs serving households in Nesquehoning, Pennsylvania including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 32 |
| Public Housing | 8 |
| Section 8 Project-Based Rental Assistance | 18 |
Tracked Units by Federal Program in Nesquehoning, Pennsylvania
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Nesquehoning, Pennsylvania
Nesquehoning features 18 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 Nesquehoning, Pennsylvania
There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nesquehoning.
Housing Choice Vouchers in Nesquehoning, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Nesquehoning landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Nesquehoning.
The maximum amount a voucher would pay on behalf of a low-income tenant in Nesquehoning, Pennsylvania for a two-bedroom apartment is between $1,283 and $1,569.
Sourced from federal housing data and AffordableHousingOnline.com research.
