What HUD offices serve New Florence, 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 New Florence.
How many renters live in New Florence, Pennsylvania?
The City of New Florence has 703 people living in 280 households.
There are 166 renters living in 72 renter households in this City. Renters make up 23.61 percent of the population living in New Florence.
What is the rental market like in New Florence, Pennsylvania?
There are an estimated 311 housing units in the New Florence area. Of these, 78 units are rental homes, making up 25 percent of the housing market. For every renter household in New Florence, Pennsylvania, there are 1 rental units.
What is the vacancy rate for rentals in New Florence?
The rental vacancy rate in New Florence is 8 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 New Florence for each bedroom size?
Occupied Rental Units by Size in New Florence
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 16 | 28 | 21 | 7 |
Occupied Rental Units by Size in New Florence
A large number of apartments in New Florence 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 New Florence are overburdened by housing costs?
Among renter households in this market, 42 percent have housing cost burden. Further, 14 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 New Florence
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $917 to $1,605. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $917 |
| One BR | $965 |
| Two BR | $1,161 |
| Three BR | $1,474 |
| Four BR | $1,605 |
2024 Fair Market Rents in New Florence, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in New Florence?
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 | 15 | 94 percent |
| Two BR | 22 | 79 percent |
Rental Units Below FMR in New Florence, Pennsylvania
How many affordable rental units are in New Florence?
There are a variety of federal affordable housing programs serving households in New Florence, Pennsylvania including the following:
| Federal Program | Unit Count |
| Public Housing | 42 |
Tracked Units by Federal Program in New Florence, Pennsylvania
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in New Florence, Pennsylvania
New Florence features 98 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 Florence, Pennsylvania
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Florence.
Housing Choice Vouchers in New Florence, Pennsylvania
On average, Section 8 Housing Choice vouchers pay New Florence landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in New Florence.
The maximum amount a voucher would pay on behalf of a low-income tenant in New Florence, Pennsylvania for a two-bedroom apartment is between $1,045 and $1,277.
Sourced from federal housing data and AffordableHousingOnline.com research.
