; Low Income Apartments For Rent in Parkesburg, PA

Apply to Parkesburg Apartment Waiting Lists

Parkesburg School Apartments

360 Strasburg Avenue
Parkesburg, Pennsylvania
Subsidized
Rent Assisted
LIHTC
PBV
Call For Rent
1 BR

Parkesedge Elderly Apartments

601 Green St
Parkesburg, Pennsylvania
Subsidized
PBRA

704 W 2nd Ave

704 W 2nd Ave
Parkesburg, Pennsylvania
$1,500
2 BR

370 Strasburg Ave

370 Strasburg Ave
Parkesburg, Pennsylvania
$2,100
3 BR

432 W 4th Ave

432 W 4th Ave
Parkesburg, Pennsylvania
$1,600
2 BR

438 W 1st Ave

438 W 1st Ave
Parkesburg, Pennsylvania
$1,750
3 BR

Westminster Place at Parkesburg

320 W 1st Ave
Parkesburg, Pennsylvania
Rent Assisted
LIHTC
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There are 10 low-income apartments in Parkesburg that offer reduced rents to eligible households.

Rental assistance programs support 80 low-income homes in Parkesburg where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $382 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 Parkesburg, 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 Chester Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Pennsylvania Public Housing and Low-Income Apartments Waiting Lists page for openings near Parkesburg.

Parkesburg, Pennsylvania Affordable Housing Data

Income Based Apartments in Parkesburg, Pennsylvania

Parkesburg features 80 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 Parkesburg, Pennsylvania

There are 10 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Parkesburg.

Housing Choice Vouchers in Parkesburg, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Parkesburg landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Parkesburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Parkesburg, Pennsylvania for a two-bedroom apartment is between $1,563 and $1,911.

2024 Parkesburg, 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
Parkesburg, Pennsylvania Fair Market Rent $1,303 $1,451 $1,737 $2,100 $2,422
Parkesburg, Pennsylvania Payment Standard Range $1,173 to $1,433 $1,306 to $1,596 $1,563 to $1,911 $1,890 to $2,310 $2,180 to $2,664

Sourced from federal housing data and AffordableHousingOnline.com research.

Parkesburg, PA Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 94
Total Housing Units with Rental Assistance 80
Percentage of Housing Units Occupied By Renters 33.97%
Average Renter Household Size 2.18
Average Household Size 2.56
Median Household Income $59,059 ±$5,452
Median Rent $874 ±$88
Percentage Of Renters Overburdened 54.26% ± 16.11pp
Total Population 3,659

Population and Household Demographics

Parkesburg is a city in Chester County, Pennsylvania with a population of 3,659. There are 1,416 households in the city with an average household size of 2.56 persons. 33.97% of households in Parkesburg are renters.

Income and Rent Overburden in Parkesburg

The median gross income for households in Parkesburg is $59,059 a year, or $4,922 a month. The median rent for the city is $874 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Parkesburg, a household making less than $2,913 a month would be considered overburdened when renting an apartment at or above the median rent. 54.26% of households who rent are overburdened in Parkesburg.

Area Median Income In Parkesburg

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 Parkesburg, the AMI is calculated from all households within Chester County.

In Parkesburg, HUD calculates the Area Median Income for a family of four as $114,400

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 Parkesburg

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 Parkesburg

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 Parkesburg AMI may qualify for rental assistance programs that target Extremely Low Income households.
$23,450 $26,800 $30,150 $33,500 $36,200 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Parkesburg AMI may qualify for rental assistance programs that target Very Low Income households.
$39,100 $44,650 $50,250 $55,800 $60,300 $64,750 $69,200 $73,700
80% AMI Income Limits
Renters earning up to 80% of the Parkesburg AMI may qualify for rental assistance programs that target Low Income households.
$62,500 $71,400 $80,350 $89,250 $96,400 $103,550 $110,700 $117,850