Affordable Housing In Pike County
Pennsylvania

1 Low Income Apartment Communities In Pike County

Guide To Affordable Housing in Pike County, Pennsylvania

There are 1 low income housing apartment communities offering 36 affordable apartments for rent in Pike County, Pennsylvania.

Income Based Apartments in Pike County, Pennsylvania

Pike County 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 Pike County, Pennsylvania

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pike County.

Housing Choice Vouchers in Pike County, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Pike County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pike County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pike County, Pennsylvania for a two-bedroom apartment is between $1,165 and $1,423.

2020 Pike 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
Fair Market Rent	$982	$989	$1,294	$1,867	$2,090
Payment Standard Range	$884 to $1,080	$890 to $1,088	$1,165 to $1,423	$1,680 to $2,054	$1,881 to $2,299

Sourced from federal housing data and AffordableHousingOnline.com research.

Pike County, PA Affordable Housing Snapshot

Total Affordable Apartment Properties	1
Total Low Income Apartments	36
Total Housing Units with Rental Assistance	0
Percentage of Housing Units Occupied By Renters	15.94%
Average Renter Household Size	2.87
Average Household Size	2.66
Median Household Income	$60,180 ±$3,164
Median Rent	$1,118 ±$59
Percentage Of Renters Overburdened	55.19% ± 5.64pp
Total Population	56,632

Population and Household Demographics

Pike County is a county in Pennsylvania with a population of 56,632. There are 21,079 households in the county with an average household size of 2.66 persons. 15.94% of households in Pike County are renters.

Income and Rent Overburden in Pike County

The median gross income for households in Pike County is $60,180 a year, or $5,015 a month. The median rent for the county is $1,118 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pike County, a household making less than $3,727 a month would be considered overburdened when renting an apartment at or above the median rent. 55.19% of households who rent are overburdened in Pike County.

Area Median Income In Pike 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 Pike County, HUD calculates the Area Median Income for a family of four as $79,100

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 Pike 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 Pike County

Income	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30% of Median	$16,650	$19,000	$21,720	$26,200	$30,680	$35,160	$39,640	$44,120
50% of Median	$27,700	$31,650	$35,600	$39,550	$42,750	$45,900	$49,050	$52,250
80% of Median	$44,350	$50,650	$57,000	$63,300	$68,400	$73,450	$78,500	$83,600