What HUD offices serve Wyncote, 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 Wyncote.
How many renters live in Wyncote, Pennsylvania?
The City of Wyncote has people living in households.
There are renters living in renter households in this City. Renters make up 14.36 percent of the population living in Wyncote.
What is the rental market like in Wyncote, Pennsylvania?
There are an estimated housing units in the Wyncote area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Wyncote, Pennsylvania, there are 1.23 rental units.
What is the vacancy rate for rentals in Wyncote?
The rental vacancy rate in Wyncote is 19 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Wyncote for each bedroom size?
Occupied Rental Units by Size in Wyncote
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 105 | 125 | 101 | 7 | 11 |
Occupied Rental Units by Size in Wyncote
A large number of apartments in Wyncote 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 Wyncote
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,303 to $2,422. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,303 |
| One BR | $1,451 |
| Two BR | $1,737 |
| Three BR | $2,100 |
| Four BR | $2,422 |
2024 Fair Market Rents in Wyncote, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Wyncote?
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 |
| Studio | 78 | 74 percent |
| One BR | 23 | 18 percent |
| Two BR | 16 | 16 percent |
Rental Units Below FMR in Wyncote, Pennsylvania
How many affordable rental units are in Wyncote?
Income Based Apartments in Wyncote, Pennsylvania
Wyncote 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 Wyncote, Pennsylvania
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wyncote.
Housing Choice Vouchers in Wyncote, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Wyncote landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Wyncote.
The maximum amount a voucher would pay on behalf of a low-income tenant in Wyncote, Pennsylvania for a two-bedroom apartment is between $1,563 and $1,911.
Sourced from federal housing data and AffordableHousingOnline.com research.