Low Income Apartments and Affordable Housing For Rent in New Holland, PA

Discover affordable housing in New Holland where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Mountain View Terrace

566 Springville Rd, New Holland, Pennsylvania 17557

New Holland Apartments

146 E Franklin St, New Holland, Pennsylvania 17557

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In New Holland, Pennsylvania
$25.25/hour
$18.00 (+248%) more than Pennsylvania minimum wage and $18.00 (+248%) more than the Federal minimum wage.
Learn More About New Holland, Pennsylvania Affordable Housing ↓

What HUD offices serve New Holland, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for New Holland, Pennsylvania.

Go to the Pennsylvania Public Housing and Low-Income Apartments Waiting Lists page for openings near New Holland.

How many renters live in New Holland, Pennsylvania?

The City of New Holland has 5,734 people living in 2,149 households.

There are 1,274 renters living in 629 renter households in this City. Renters make up 22.22 percent of the population living in New Holland.

What is the rental market like in New Holland, Pennsylvania?

There are an estimated 2,177 housing units in the New Holland area. Of these, 629 units are rental homes, making up 29 percent of the housing market. For every renter household in New Holland, Pennsylvania, there are 1 rental units.

What is the vacancy rate for rentals in New Holland?

The rental vacancy rate in New Holland is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in New Holland for each bedroom size?

Occupied Rental Units by Size in New Holland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 156 309 143 0
Occupied Rental Units by Size in New Holland

A large number of apartments in New Holland 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 Holland are overburdened by housing costs?

Among renter households in this market, 56 percent have housing cost burden. Further, 36 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 Holland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $938 to $1,775. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $938
One BR $1,061
Two BR $1,333
Three BR $1,725
Four BR $1,775
2024 Fair Market Rents in New Holland, Pennsylvania

How many units are rented at Fair Market Rent (FMR) in New Holland?

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 87 56 percent
Two BR 236 76 percent
Rental Units Below FMR in New Holland, Pennsylvania

How many affordable rental units are in New Holland?

There are a variety of federal affordable housing programs serving households in New Holland, Pennsylvania including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 55
Tracked Units by Federal Program in New Holland, Pennsylvania

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in New Holland, Pennsylvania

New Holland features 0 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 Holland, Pennsylvania

There are 90 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Holland.

Housing Choice Vouchers in New Holland, Pennsylvania

On average, Section 8 Housing Choice vouchers pay New Holland landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in New Holland.

The maximum amount a voucher would pay on behalf of a low-income tenant in New Holland, Pennsylvania for a two-bedroom apartment is between $1,200 and $1,466.

Sourced from federal housing data and AffordableHousingOnline.com research.