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Discover affordable housing in Royersford where there are 7+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.
447 Pine St, Royersford, Pennsylvania 19468
bed2
payment$1600/mo.
501 Walnut St, Royersford, Pennsylvania 19468
bed1
payment$1350/mo.
23 2nd Ave, Royersford, Pennsylvania 19468
bed2
payment$1550/mo.
407 Main St Unit D, Royersford, Pennsylvania 19468
bed2
payment$1695/mo.
1802 E Ridge Pike, Royersford, Pennsylvania 19468
400 Walnut St, Royersford, Pennsylvania 19468
159 Main St, Royersford, Pennsylvania 19468
How To Identify Affordable Housing in Royersford, Pennsylvania
Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.
Badge | Description |
---|---|
switch_access_shortcutShort Wait | Low income apartments with no or short waiting lists. |
paymentSubsidized | Low income housing where the rent is subsidized and the renter pays only a portion of total rent. |
real_estate_agentAccepts Vouchers | Apartments that accept Section 8 vouchers near you |
elderlySenior | Rental housing for seniors who are 55 (or sometimes 62) and older. |
paymentIncome Based | Affordable apartments where the rent paid is based on renter income. |
accessibilityAccessible | Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy. |
accessible_forwardDisability | Apartments for individuals or families with disabilities. |
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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InRoyersford, Pennsylvania
$32.90/hour
(+354%) more thanPennsylvania minimum wage and
$25.65(+354%) more than the Federal minimum wage.
Learn More About Royersford, Pennsylvania AffordableHousing ↓
What HUD offices serve Royersford, Pennsylvania?
Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.
Montgomery County Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency programs for Royersford, Pennsylvania.
Go to thePennsylvaniaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Royersford.
How many renters live in Royersford, Pennsylvania?
The City of Royersford has 4,917people living in 2,111 households.
There are 2,676 renters living in1,213 renter households in thisCity. Renters make up 54.42percent of the population living in Royersford.
What is the rental market like in Royersford, Pennsylvania?
There are an estimated 2,260 housing units in theRoyersford area. Of these, 1,307 units are rentalhomes, making up 58 percent of the housing market. Forevery renter household in Royersford, Pennsylvania, there are1 rental units.
What is the vacancy rate for rentals in Royersford?
The rental vacancy rate in Royersford is 6 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.
How many rental units are in Royersford for each bedroom size?
Occupied Rental Units by Size in Royersford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 74 378 477 213 26 Occupied Rental Units by Size in Royersford
A large number of apartments in Royersford have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.
How many renter households in Royersford are overburdened by housing costs?
Among renter households in this market, 49percent havehousing cost burden. Further, 15percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.
The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Royersford
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,303 to $2,422. FMRs areupdated 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 Royersford, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in Royersford?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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 64 86 percent One BR 292 77 percent Two BR 235 49 percent Rental Units Below FMR in Royersford, Pennsylvania
How many affordable rental units are in Royersford?
There are a variety of federal affordable housing programs serving households inRoyersford, Pennsylvania including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit 9 Public Housing 88 Section 811 Supportive Housing for Persons with Disabilities 18 Tracked Units by Federal Program in Royersford, Pennsylvania
Income Based Apartments in Royersford, Pennsylvania
Royersford features 165 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.
Low Rent Apartments in Royersford, Pennsylvania
There are 15 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Royersford.
Housing Choice Vouchers in Royersford, Pennsylvania
On average, Section 8 Housing Choice vouchers pay Royersford landlords$900 per month towards rent. The average voucher holdercontributes $400 towards rent inRoyersford.
The maximum amount a voucher would pay on behalf of a low-income tenant in Royersford, Pennsylvania fora two-bedroom apartment is between $1,563 and $1,911.
Sourced from federal housing data and AffordableHousingOnline.comresearch.
Affordable Housing Tip
Applying for housing with bad credit.
Some housing assistance programs require a credit check, including Low-Income Housing Tax Credit apartments. Having bad credit may make you ineligible.
What Renters Say About Us
Connie Bonds Pittmon says:
"I found a very nice apartment faster than I expected. Thank You Affordable Housing Online!"