; Low Income Apartments For Rent in Jermyn, PA

511-513-513 Washington Ave

511-513-513 Washington Ave
Jermyn, Pennsylvania
$795
1 BR

521 Washington,Unit C Ave

521 Washington,Unit C Ave
Jermyn, Pennsylvania
$975
2 BR

1596 Heart Lake Rd

1596 Heart Lake Rd
Jermyn, Pennsylvania
$850
1 BR

Project Opportunity

438 Washington Ave
Jermyn, Pennsylvania
Subsidized
Senior
S. 202
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There are 0 low-income apartments in Jermyn that offer reduced rents to eligible households.

Rental assistance programs support 6 low-income homes in Jermyn where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $347 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Jermyn, 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.

Housing Authority Programs
Housing Authority of the County of Lackawanna Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Pennsylvania Public Housing and Low-Income Apartments Waiting Lists page for openings near Jermyn.

Jermyn, Pennsylvania Affordable Housing Data

Income Based Apartments in Jermyn, Pennsylvania

Jermyn features 6 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 Jermyn, Pennsylvania

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

Housing Choice Vouchers in Jermyn, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Jermyn landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Jermyn.

The maximum amount a voucher would pay on behalf of a low-income tenant in Jermyn, Pennsylvania for a two-bedroom apartment is between $935 and $1,143.

2024 Jermyn, Pennsylvania Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Jermyn, Pennsylvania Fair Market Rent $730 $854 $1,039 $1,343 $1,464
Jermyn, Pennsylvania Payment Standard Range $657 to $803 $769 to $939 $935 to $1,143 $1,209 to $1,477 $1,318 to $1,610

Sourced from federal housing data and AffordableHousingOnline.com research.

Jermyn, PA Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 9
Total Housing Units with Rental Assistance 6
Percentage of Housing Units Occupied By Renters 36.37%
Average Renter Household Size 2.22
Average Household Size 2.40
Median Household Income $42,083 ±$4,183
Median Rent $653 ±$46
Percentage Of Renters Overburdened 24.48% ± 9.65pp
Total Population 2,251

Population and Household Demographics

Jermyn is a city in Lackawanna County, Pennsylvania with a population of 2,251. There are 932 households in the city with an average household size of 2.40 persons. 36.37% of households in Jermyn are renters.

Income and Rent Overburden in Jermyn

The median gross income for households in Jermyn is $42,083 a year, or $3,507 a month. The median rent for the city is $653 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jermyn, a household making less than $2,177 a month would be considered overburdened when renting an apartment at or above the median rent. 24.48% of households who rent are overburdened in Jermyn.

Area Median Income In Jermyn

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Jermyn, the AMI is calculated from all households within Lackawanna County.

In Jermyn, HUD calculates the Area Median Income for a family of four as $86,500

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 Jermyn

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 HUD Rental Assistance in Jermyn

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Jermyn AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,450 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Jermyn AMI may qualify for rental assistance programs that target Very Low Income households.
$27,450 $31,400 $35,300 $39,200 $42,350 $45,500 $48,650 $51,750
80% AMI Income Limits
Renters earning up to 80% of the Jermyn AMI may qualify for rental assistance programs that target Low Income households.
$43,900 $50,200 $56,450 $62,700 $67,750 $72,750 $77,750 $82,800