; Low Income Apartments For Rent in Towanda, PA

Apply to Towanda Apartment Waiting Lists

Towanda Terrace

428 Main St
Towanda, Pennsylvania
Rent Assisted
HOME
LIHTC

Oak Ridge Townhouses

125 Colonial Dr
Towanda, Pennsylvania
Rent Assisted
LIHTC

Colonial Terrace

125 Colonial Dr.
Towanda, Pennsylvania
Call For Rent
1-2 BR

Chestnut Hills Apts

25 Chestnut Hills Ln
Towanda, Pennsylvania
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
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There are 45 low-income apartments in Towanda that offer reduced rents to eligible households.

Rental assistance programs support 24 low-income homes in Towanda where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on March 31st, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Towanda, 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
Bradford County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Tioga County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Pennsylvania Public Housing and Low-Income Apartments Waiting Lists page for openings near Towanda.

Towanda, Pennsylvania Affordable Housing Data

Income Based Apartments in Towanda, Pennsylvania

Towanda features 24 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 Towanda, Pennsylvania

There are 45 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Towanda.

Housing Choice Vouchers in Towanda, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Towanda landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Towanda.

The maximum amount a voucher would pay on behalf of a low-income tenant in Towanda, Pennsylvania for a two-bedroom apartment is between $794 and $970.

2024 Towanda, 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
Towanda, Pennsylvania Fair Market Rent $738 $743 $882 $1,140 $1,340
Towanda, Pennsylvania Payment Standard Range $664 to $812 $669 to $817 $794 to $970 $1,026 to $1,254 $1,206 to $1,474

Sourced from federal housing data and AffordableHousingOnline.com research.

Towanda, PA Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 99
Total Housing Units with Rental Assistance 24
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Towanda is a city in Bradford County, Pennsylvania with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Towanda are renters.

Income and Rent Overburden in Towanda

The median gross income for households in Towanda is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Towanda

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 Towanda, the AMI is calculated from all households within Bradford County.

In Towanda, HUD calculates the Area Median Income for a family of four as $77,200

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 Towanda

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 Towanda

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 Towanda AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,250 $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 Towanda AMI may qualify for rental assistance programs that target Very Low Income households.
$27,050 $30,900 $34,750 $38,600 $41,700 $44,800 $47,900 $51,000
80% AMI Income Limits
Renters earning up to 80% of the Towanda AMI may qualify for rental assistance programs that target Low Income households.
$43,250 $49,400 $55,600 $61,750 $66,700 $71,650 $76,600 $81,550