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

Discover affordable housing in Palmerton where there are 1+ 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.

Palmer House

360 Delaware Ave, Palmerton, Pennsylvania 18071

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Palmerton, Pennsylvania
$27.01/hour
$19.76 (+273%) more than Pennsylvania minimum wage and $19.76 (+273%) more than the Federal minimum wage.
Learn More About Palmerton, Pennsylvania Affordable Housing ↓

What HUD offices serve Palmerton, 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 programs for Palmerton, Pennsylvania.

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

How many renters live in Palmerton, Pennsylvania?

The City of Palmerton has 5,602 people living in 2,363 households.

There are 2,309 renters living in 1,018 renter households in this City. Renters make up 41.22 percent of the population living in Palmerton.

What is the rental market like in Palmerton, Pennsylvania?

There are an estimated 2,580 housing units in the Palmerton area. Of these, 1,083 units are rental homes, making up 42 percent of the housing market. For every renter household in Palmerton, Pennsylvania, there are 1 rental units.

What is the vacancy rate for rentals in Palmerton?

The rental vacancy rate in Palmerton 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 Palmerton for each bedroom size?

Occupied Rental Units by Size in Palmerton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
21 389 202 246 109
Occupied Rental Units by Size in Palmerton

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

Among renter households in this market, 26 percent have housing cost burden. Further, 11 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 Palmerton

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 Palmerton, Pennsylvania

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

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 19 90 percent
One BR 389 100 percent
Two BR 172 85 percent
Rental Units Below FMR in Palmerton, Pennsylvania

How many affordable rental units are in Palmerton?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 50
Tracked Units by Federal Program in Palmerton, Pennsylvania

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

Income Based Apartments in Palmerton, Pennsylvania

Palmerton features 51 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 Palmerton, Pennsylvania

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Palmerton.

Housing Choice Vouchers in Palmerton, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Palmerton landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Palmerton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Palmerton, Pennsylvania for a two-bedroom apartment is between $1,283 and $1,569.

Sourced from federal housing data and AffordableHousingOnline.com research.