What HUD offices serve Seven Valleys, 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.
Go to the Pennsylvania Public Housing and Low-Income Apartments Waiting Lists page for openings near Seven Valleys.
How many renters live in Seven Valleys, Pennsylvania?
The City of Seven Valleys has people living in households.
There are renters living in renter households in this City. Renters make up 44.59 percent of the population living in Seven Valleys.
What is the rental market like in Seven Valleys, Pennsylvania?
There are an estimated housing units in the Seven Valleys area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Seven Valleys, Pennsylvania, there are 1 rental units.
What is the vacancy rate for rentals in Seven Valleys?
The rental vacancy rate in Seven Valleys 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 Seven Valleys for each bedroom size?
Occupied Rental Units by Size in Seven Valleys
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 5 | 99 | 2 | 0 |
Occupied Rental Units by Size in Seven Valleys
A large number of apartments in Seven Valleys have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Seven Valleys
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $861 to $1,667. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $861 |
One BR | $951 |
Two BR | $1,197 |
Three BR | $1,595 |
Four BR | $1,667 |
2024 Fair Market Rents in Seven Valleys, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Seven Valleys?
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 | 3 | 60 percent |
Two BR | 63 | 64 percent |
Rental Units Below FMR in Seven Valleys, Pennsylvania
How many affordable rental units are in Seven Valleys?
Income Based Apartments in Seven Valleys, Pennsylvania
Seven Valleys 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 Seven Valleys, Pennsylvania
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Seven Valleys.
Housing Choice Vouchers in Seven Valleys, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Seven Valleys landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Seven Valleys.
The maximum amount a voucher would pay on behalf of a low-income tenant in Seven Valleys, Pennsylvania for a two-bedroom apartment is between $1,077 and $1,317.
Sourced from federal housing data and AffordableHousingOnline.com research.