What HUD offices serve Walnutport, 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 Walnutport.
How many renters live in Walnutport, Pennsylvania?
The City of Walnutport has 1,918 people living in 737 households.
There are 438 renters living in 189 renter households in this City. Renters make up 22.84 percent of the population living in Walnutport.
What is the rental market like in Walnutport, Pennsylvania?
There are an estimated 809 housing units in the Walnutport area. Of these, 201 units are rental homes, making up 25 percent of the housing market. For every renter household in Walnutport, Pennsylvania, there are 1 rental units.
What is the vacancy rate for rentals in Walnutport?
The rental vacancy rate in Walnutport is 6 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 Walnutport for each bedroom size?
Occupied Rental Units by Size in Walnutport
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 19 | 39 | 128 | 3 |
Occupied Rental Units by Size in Walnutport
A large number of apartments in Walnutport 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 Walnutport are overburdened by housing costs?
Among renter households in this market, 65 percent have housing cost burden. Further, 17 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 Walnutport
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $972 to $1,900. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $972 |
| One BR | $1,137 |
| Two BR | $1,426 |
| Three BR | $1,821 |
| Four BR | $1,900 |
2024 Fair Market Rents in Walnutport, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Walnutport?
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 | 16 | 84 percent |
| Two BR | 30 | 77 percent |
Rental Units Below FMR in Walnutport, Pennsylvania
How many affordable rental units are in Walnutport?
There are a variety of federal affordable housing programs serving households in Walnutport, Pennsylvania including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 37 |
| USDA Section 515 Rural Rental Housing | 37 |
Tracked Units by Federal Program in Walnutport, Pennsylvania
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Walnutport, Pennsylvania
Walnutport 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 Walnutport, Pennsylvania
There are 37 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Walnutport.
Housing Choice Vouchers in Walnutport, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Walnutport landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Walnutport.
The maximum amount a voucher would pay on behalf of a low-income tenant in Walnutport, Pennsylvania for a two-bedroom apartment is between $1,283 and $1,569.
Sourced from federal housing data and AffordableHousingOnline.com research.
