Low Income Apartments and Affordable Housing For Rent in Norristown, PA

Discover affordable housing in Norristown where there are 8+ 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.

Norristown Elderly Housing

300 Walnut St, Norristown, Pennsylvania 19401

Jefferson Apartments

1514 W Marshall St, Norristown, Pennsylvania 19403

Rittenhouse School

1705 Locust St , Norristown, Pennsylvania 19401

Montgomery Park Senior Housing

1301 Powell Street, Norristown, Pennsylvania 19401

Residential Options II

711 Sunnyside Ave, Norristown, Pennsylvania 19403

Laura Lane Apartments

801 Laura Lane, Norristown, Pennsylvania 19401

829 Swede St

829 Swede St, Norristown, Pennsylvania 19401

618 - 620 Cherry St

618 Cherry St, Norristown, Pennsylvania 19401

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Norristown, Pennsylvania
$32.90/hour
$25.65 (+354%) more than Pennsylvania minimum wage and $25.65 (+354%) more than the Federal minimum wage.
Learn More About Norristown, Pennsylvania Affordable Housing ↓

What HUD offices serve Norristown, 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), Public Housing, Homeownership Voucher, Family Self-Sufficiency programs for Norristown, Pennsylvania.

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

How many renters live in Norristown, Pennsylvania?

The City of Norristown has 35,712 people living in 12,918 households.

There are 19,307 renters living in 7,897 renter households in this City. Renters make up 54.06 percent of the population living in Norristown.

What is the rental market like in Norristown, Pennsylvania?

There are an estimated 14,281 housing units in the Norristown area. Of these, 8,483 units are rental homes, making up 59 percent of the housing market. For every renter household in Norristown, Pennsylvania, there are 1 rental units.

What is the vacancy rate for rentals in Norristown?

The rental vacancy rate in Norristown is 6 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 Norristown for each bedroom size?

Occupied Rental Units by Size in Norristown
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
560 2,625 2,339 1,506 722
Occupied Rental Units by Size in Norristown

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

Among renter households in this market, 53 percent have housing cost burden. Further, 30 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 Norristown

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,303 to $2,422. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,303
One BR $1,451
Two BR $1,737
Three BR $2,100
Four BR $2,422
2024 Fair Market Rents in Norristown, Pennsylvania

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

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 404 72 percent
One BR 2,261 86 percent
Two BR 1,525 65 percent
Rental Units Below FMR in Norristown, Pennsylvania

How many affordable rental units are in Norristown?

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

Federal Program Unit Count
Low Income Housing Tax Credit 106
Section 8 Project-Based Rental Assistance 189
Mod Rehab Project-Based Rental Assistance 42
Tracked Units by Federal Program in Norristown, Pennsylvania

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

Income Based Apartments in Norristown, Pennsylvania

Norristown features 351 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 Norristown, Pennsylvania

There are 57 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Norristown.

Housing Choice Vouchers in Norristown, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Norristown landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Norristown.

The maximum amount a voucher would pay on behalf of a low-income tenant in Norristown, Pennsylvania for a two-bedroom apartment is between $1,563 and $1,911.

Sourced from federal housing data and AffordableHousingOnline.com research.