Affordable Housing In Philadelphia County
550 Low Income Apartment Communities In Philadelphia County
Guide To Affordable Housing in Philadelphia County, Pennsylvania
There are 550 low income housing apartment communities offering 34,924 affordable apartments for rent in Philadelphia County, Pennsylvania.
Income Based Apartments in Philadelphia County, Pennsylvania
Philadelphia County features 24,296 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 Philadelphia County, Pennsylvania
There are 10,246 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Philadelphia County.
Housing Choice Vouchers in Philadelphia County, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Philadelphia County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Philadelphia County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Philadelphia County, Pennsylvania for a two-bedroom apartment is between $1,168 and $1,428.
2022 Philadelphia County, 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|
|Philadelphia County, Pennsylvania Fair Market Rent||$940||$1,071||$1,298||$1,605||$1,837|
|Philadelphia County, Pennsylvania Payment Standard Range||$846 to $1,034||$964 to $1,178||$1,168 to $1,428||$1,445 to $1,766||$1,653 to $2,021|
Sourced from federal housing data and AffordableHousingOnline.com research.
Philadelphia County, PA Affordable Housing Snapshot
|Total Affordable Apartment Properties||550|
|Total Low Income Apartments||34,924|
|Total Housing Units with Rental Assistance||24,296|
|Percentage of Housing Units Occupied By Renters||47.36%|
|Average Renter Household Size||2.41|
|Average Household Size||2.59|
|Median Household Income||$38,253 ±$511|
|Median Rent||$922 ±$6|
|Percentage Of Renters Overburdened||52.46% ± 0.83pp|
Population and Household Demographics
Philadelphia County is a county in Pennsylvania with a population of 1,555,072. There are 581,050 households in the county with an average household size of 2.59 persons. 47.36% of households in Philadelphia County are renters.
Income and Rent Overburden in Philadelphia County
The median gross income for households in Philadelphia County is $38,253 a year, or $3,188 a month. The median rent for the county is $922 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Philadelphia County, a household making less than $3,073 a month would be considered overburdened when renting an apartment at or above the median rent. 52.46% of households who rent are overburdened in Philadelphia County.
Area Median Income In Philadelphia County
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.
In Philadelphia County, HUD calculates the Area Median Income for a family of four as $94,500
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 Philadelphia County
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 Philadelphia County
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Philadelphia County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Philadelphia County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Philadelphia County AMI may qualify for rental assistance programs that target Low Income households.