New Castle features 1,184 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 New Castle, Pennsylvania

There are 128 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Castle.

Housing Choice Vouchers in New Castle, Pennsylvania

On average, Section 8 Housing Choice vouchers pay New Castle landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in New Castle.

The maximum amount a voucher would pay on behalf of a low-income tenant in New Castle, Pennsylvania for a two-bedroom apartment is between $687 and $839.

2020 New Castle, Pennsylvania Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

	Studio	One BR	Two BR	Three BR	Four BR
Fair Market Rent	$497	$580	$763	$951	$1,092
Payment Standard Range	$447 to $547	$522 to $638	$687 to $839	$856 to $1,046	$983 to $1,201

Sourced from federal housing data and AffordableHousingOnline.com research.

New Castle, PA Affordable Housing Snapshot

Total Affordable Apartment Properties	20
Total Low Income Apartments	1,312
Total Housing Units with Rental Assistance	1,184
Percentage of Housing Units Occupied By Renters	43.19%
Average Renter Household Size	2.11
Average Household Size	2.27
Median Household Income	$30,422 ±$2,428
Median Rent	$585 ±$43
Percentage Of Renters Overburdened	54.48% ± 5.43pp
Total Population	22,682

Population and Household Demographics

New Castle is a city in Lawrence County, Pennsylvania with a population of 22,682. There are 9,579 households in the city with an average household size of 2.27 persons. 43.19% of households in New Castle are renters.

Income and Rent Overburden in New Castle

The median gross income for households in New Castle is $30,422 a year, or $2,535 a month. The median rent for the city is $585 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In New Castle, a household making less than $1,950 a month would be considered overburdened when renting an apartment at or above the median rent. 54.48% of households who rent are overburdened in New Castle.

Area Median Income In New Castle

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 New Castle, the AMI is calculated from all households within Lawrence County.

In New Castle, HUD calculates the Area Median Income for a family of four as $69,200

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 New Castle

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 HUD Rental Assistance in New Castle

Income	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30% of Median	$14,550	$17,240	$21,720	$26,200	$30,680	$35,160	$39,640	$44,120
50% of Median	$24,250	$27,700	$31,150	$34,600	$37,400	$40,150	$42,950	$45,700
80% of Median	$38,750	$44,300	$49,850	$55,350	$59,800	$64,250	$68,650	$73,100

Affordable Housing In New Castle Lawrence County, Pennsylvania

20 Low Income Apartment Communities In New Castle

Housing Authorities that serve New Castle

Guide To Affordable Housing in New Castle, Pennsylvania

Income Based Apartments in New Castle, Pennsylvania