Low Income Apartments In Venango County
Pennsylvania

Low Income Apartments In Venango County

Seneca Court Apartments

232 Seneca Street
Oil City, PA
Call For Rent
1 BR
HCV Welcome

Seneca Woods

215 Saint Charles St
Seneca, PA
Call For Rent
1-2 BR
HCV Welcome

Pin Oak Village

139 Acorn Dr
Seneca, PA
Subsidized

Towne Towers

7 E 2nd St
Oil City, PA
Subsidized

Ranch Street Apartments

150 Ranch St
Seneca, PA
Accessible
Disabled Supportive Housing
Subsidized

Luther Place

1 Sycamore St
Oil City, PA
62+
Accessible
Elderly Supportive Housing
Subsidized

Century Scattered Sites

303 Fern Ct
Oil City, PA

Cherry Hill Apartments

19 Rockwood Ave
Oil City, PA

Moran Siverly

110 Moran St
Oil City, PA
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There are 9 low income housing apartment complexes which contain 454 affordable apartments for rent in Venango County. Many of these rental apartments are income based housing with 430 apartments that set rent based on your income. In Venango County, HUD housing programs support 200 rental assistance apartments through programs like Project-based Section 8. There are 24 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Venango County

Housing Authority Programs
Venango County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Oil City Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Venango County

Housing Authority Programs
Housing Authority of the City of Franklin Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Venango County, Pennsylvania

Venango County, PA Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 454
Total Rent Assisted Apartments 430
Percentage of Housing Units Occupied By Renters 23.71%
Average Renter Household Size 2.23
Total Population 53,906
Housing Units 22,129
Average Household Size 2.38
Median Household Income $43,644 ±$1,393
Median Rent $578 ±$17
Percentage Of Renters Overburdened 41.21% ± 3.52pp

Population and Household Demographics

Venango County is a County in Pennsylvania with a population of 53,906. There are 22,129 households in the county with an average household size of 2.38 persons. 23.71% of households in Venango County are renters.

Income and Rent Overburden in Venango County

The median gross income for households in Venango County is $43,644 a year, or $3,637 a month. The median rent for the county is $578 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Venango County, a household making less than $1,927 a month would be considered overburdened when renting an apartment at or above the median rent. 41.21% of households who rent are overburdened in Venango County.1

Area Median Income In Venango 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 Venango County, HUD calculates the Area Median Income for a family of four as $59,100

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 Venango 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 Venango County HUD Rental Assistance in Venango County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,300 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $41,750
50% of Median $22,150 $25,300 $28,450 $31,600 $34,150 $36,700 $39,200 $41,750
80% of Median $35,400 $40,450 $45,500 $50,550 $54,600 $58,650 $62,700 $66,750
Low Income Housing Tax Credits in Venango County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1989 to 2001, 3 low income apartment communities containing 143 rental apartments have been constructed and made affordable to low income persons in Venango County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Venango County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $26,580 $30,360 $34,140 $37,920 $40,980 $44,040 $47,040 $50,100

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Venango County is $34,140 a year, or $2,845 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,845 by 30% to get a maximum rent of $854 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $554 $593 $711 $822 $918 $1,012
60% $665 $712 $854 $986 $1,101 $1,214
Fair Market Rents in Venango County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$556 $560 $692 $867 $1,070

Cities In Venango County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Franklin 0 The HUD funded Public Housing Agencies that serve Franklin are the Housing Authority of the City of Franklin, Venango County Housing Authority and Oil City Housing Authority.
Seneca 3 The HUD funded Public Housing Agencies that serve Seneca are the Venango County Housing Authority and Oil City Housing Authority.
Oil City 6 The HUD funded Public Housing Agencies that serve Oil City are the Oil City Housing Authority and Venango County Housing Authority.
Clintonville 0 The HUD funded Public Housing Agencies that serve Clintonville are the Venango County Housing Authority and Oil City Housing Authority.
Barkeyville 0 The HUD funded Public Housing Agencies that serve Barkeyville are the Venango County Housing Authority and Oil City Housing Authority.
Canal 0 The HUD funded Public Housing Agencies that serve Canal are the Venango County Housing Authority and Oil City Housing Authority.
Cherrytree 0 The HUD funded Public Housing Agencies that serve Cherrytree are the Venango County Housing Authority and Oil City Housing Authority.
Clinton 0 The HUD funded Public Housing Agencies that serve Clinton are the Venango County Housing Authority and Oil City Housing Authority.
Cooperstown 0 The HUD funded Public Housing Agencies that serve Cooperstown are the Venango County Housing Authority and Oil City Housing Authority.
Cornplanter 0 The HUD funded Public Housing Agencies that serve Cornplanter are the Venango County Housing Authority and Oil City Housing Authority.
Cranberry 0 The HUD funded Public Housing Agencies that serve Cranberry are the Venango County Housing Authority and Oil City Housing Authority.
Frenchcreek 0 The HUD funded Public Housing Agencies that serve Frenchcreek are the Venango County Housing Authority and Oil City Housing Authority.
Hannasville 0 The HUD funded Public Housing Agencies that serve Hannasville are the Venango County Housing Authority and Oil City Housing Authority.
Hasson Heights 0 The HUD funded Public Housing Agencies that serve Hasson Heights are the Venango County Housing Authority and Oil City Housing Authority.
Irwin 0 The HUD funded Public Housing Agencies that serve Irwin are the Venango County Housing Authority and Oil City Housing Authority.
Jackson 0 The HUD funded Public Housing Agencies that serve Jackson are the Venango County Housing Authority and Oil City Housing Authority.
Kennerdell 0 The HUD funded Public Housing Agencies that serve Kennerdell are the Venango County Housing Authority and Oil City Housing Authority.
Mineral 0 The HUD funded Public Housing Agencies that serve Mineral are the Venango County Housing Authority and Oil City Housing Authority.
Oakland 0 The HUD funded Public Housing Agencies that serve Oakland are the Venango County Housing Authority and Oil City Housing Authority.
Oil Creek 0 The HUD funded Public Housing Agencies that serve Oil Creek are the Venango County Housing Authority and Oil City Housing Authority.
Pinegrove 0 The HUD funded Public Housing Agencies that serve Pinegrove are the Venango County Housing Authority and Oil City Housing Authority.
Pleasantville 0 The HUD funded Public Housing Agencies that serve Pleasantville are the Venango County Housing Authority and Oil City Housing Authority.
Plum 0 The HUD funded Public Housing Agencies that serve Plum are the Venango County Housing Authority and Oil City Housing Authority.
Polk 0 The HUD funded Public Housing Agencies that serve Polk are the Venango County Housing Authority and Oil City Housing Authority.
President 0 The HUD funded Public Housing Agencies that serve President are the Venango County Housing Authority and Oil City Housing Authority.
Richland 0 The HUD funded Public Housing Agencies that serve Richland are the Venango County Housing Authority and Oil City Housing Authority.
Rockland 0 The HUD funded Public Housing Agencies that serve Rockland are the Venango County Housing Authority and Oil City Housing Authority.
Rouseville 0 The HUD funded Public Housing Agencies that serve Rouseville are the Venango County Housing Authority and Oil City Housing Authority.
Sandycreek 0 The HUD funded Public Housing Agencies that serve Sandycreek are the Venango County Housing Authority and Oil City Housing Authority.
Scrubgrass 0 The HUD funded Public Housing Agencies that serve Scrubgrass are the Venango County Housing Authority and Oil City Housing Authority.
Sugarcreek 0 The HUD funded Public Housing Agencies that serve Sugarcreek are the Venango County Housing Authority and Oil City Housing Authority.
Utica 0 The HUD funded Public Housing Agencies that serve Utica are the Venango County Housing Authority and Oil City Housing Authority.
Victory 0 The HUD funded Public Housing Agencies that serve Victory are the Venango County Housing Authority and Oil City Housing Authority.
Woodland Heights 0 The HUD funded Public Housing Agencies that serve Woodland Heights are the Venango County Housing Authority and Oil City Housing Authority.