How many renters live in Saegertown, Pennsylvania?
The City of Saegertown has 967 people living in 331 households.
There are 202 renters living in 99 renter households in this City. Renters make up 20.89 percent of the population living in Saegertown.
What is the rental market like in Saegertown, Pennsylvania?
There are an estimated 348 housing units in the Saegertown area. Of these, 99 units are rental homes, making up 28 percent of the housing market. For every renter household in Saegertown, Pennsylvania, there are 1 rental units.
What is the vacancy rate for rentals in Saegertown?
The rental vacancy rate in Saegertown 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 Saegertown for each bedroom size?
Occupied Rental Units by Size in Saegertown
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 18 | 57 | 18 | 6 |
Occupied Rental Units by Size in Saegertown
A large number of apartments in Saegertown 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 Saegertown are overburdened by housing costs?
Among renter households in this market, 15 percent have housing cost burden. Further, 5 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 Saegertown
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $631 to $1,274. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $631 |
| One BR | $651 |
| Two BR | $845 |
| Three BR | $1,083 |
| Four BR | $1,274 |
2024 Fair Market Rents in Saegertown, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Saegertown?
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 | 8 | 44 percent |
| Two BR | 45 | 79 percent |
Rental Units Below FMR in Saegertown, Pennsylvania
How many affordable rental units are in Saegertown?
Income Based Apartments in Saegertown, Pennsylvania
Saegertown 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 Saegertown, Pennsylvania
There are 63 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saegertown.
Housing Choice Vouchers in Saegertown, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Saegertown landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Saegertown.
The maximum amount a voucher would pay on behalf of a low-income tenant in Saegertown, Pennsylvania for a two-bedroom apartment is between $761 and $930.
Sourced from federal housing data and AffordableHousingOnline.com research.
