Low Income Apartments and Affordable Housing For Rent in Tower City, PA

Discover affordable housing in Tower City 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.

Towers View Apartments Conifer Realty Llc

22 S 7th St, Tower City, Pennsylvania 17980

calendar_today Opened: Apr 1
Open Until Further Notice

Reported On February 23rd, 2024 by Madison Shannahan

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tower City, Pennsylvania
$16.25/hour
$9.00 (+124%) more than Pennsylvania minimum wage and $9.00 (+124%) more than the Federal minimum wage.
Learn More About Tower City, Pennsylvania Affordable Housing ↓

What HUD offices serve Tower City, 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 Tower City, Pennsylvania.

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

How many renters live in Tower City, Pennsylvania?

The City of Tower City has 1,329 people living in 488 households.

There are 304 renters living in 126 renter households in this City. Renters make up 22.87 percent of the population living in Tower City.

What is the rental market like in Tower City, Pennsylvania?

There are an estimated 538 housing units in the Tower City area. Of these, 126 units are rental homes, making up 23 percent of the housing market. For every renter household in Tower City, Pennsylvania, there are 1 rental units.

What is the vacancy rate for rentals in Tower City?

The rental vacancy rate in Tower City 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 Tower City for each bedroom size?

Occupied Rental Units by Size in Tower City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 64 48 14
Occupied Rental Units by Size in Tower City

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

Among renter households in this market, 32 percent have housing cost burden. Further, 6 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 Tower City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $663 to $1,203. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $663
One BR $663
Two BR $858
Three BR $1,129
Four BR $1,203
2024 Fair Market Rents in Tower City, Pennsylvania

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

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
Two BR 39 61 percent
Rental Units Below FMR in Tower City, Pennsylvania

How many affordable rental units are in Tower City?

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

Federal Program Unit Count
Low Income Housing Tax Credit 25
USDA Section 515 Rural Rental Housing 25
Tracked Units by Federal Program in Tower City, Pennsylvania

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

Income Based Apartments in Tower City, Pennsylvania

Tower City features 25 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 Tower City, Pennsylvania

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

Housing Choice Vouchers in Tower City, Pennsylvania

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Tower City, Pennsylvania for a two-bedroom apartment is between $772 and $944.

Sourced from federal housing data and AffordableHousingOnline.com research.