Low Income Apartments and Affordable Housing For Rent in Reading, PA (2024)

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Discover affordable housing in Reading where there are 70+ 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.

Skyline View Apartments

50 North 9th Street, Reading, Pennsylvania 19601

bed1

payment$345-610/mo.

Market Square Apartments

801 Penn Street, Reading, Pennsylvania 19601

bed1-2

payment$650-760/mo.

Homes at Riverside

1029 Weiser St, Reading, Pennsylvania 19601

bed2-3

Reading Elderly Housing

100 N Front St , Reading, Pennsylvania 19601

bed1-2

Goggle Works Apartments

135 Washington St, Reading, Pennsylvania 19601

bed1-2

Jamestown Village

300 Lackawanna St, Reading, Pennsylvania 19601

bed1-2

Bookbindery

150 N 4th St , Reading, Pennsylvania 19601

switch_access_shortcutShort Wait

paymentSubsidized

real_estate_agentAccepts Vouchers

paymentIncome Based

accessibilityAccessible

Gateway West

480 Gordon St, Reading, Pennsylvania 19601

bed2-3

Penns Common Court

1040 Penn Street, Reading, Pennsylvania 19602

bed1-2

payment$645-735/mo.

Providence House

800 Court Street, Reading, Pennsylvania 19601

bed1

St Catharine Senior Housing

2000 Perkiomen Ave, Reading, Pennsylvania 19606

Queen of Angels Apartments

22 Rothermel St, Reading, Pennsylvania 19605

B Nai B Rith House Apartments

1026 Franklin St, Reading, Pennsylvania 19602

Hugh Carcella Apartments

505 N 10th St, Reading, Pennsylvania 19604

Penns Crossing

1400 W Wyomissing Blvd, Reading, Pennsylvania 19609

bed1-2

Lincoln Residences The

435 Washington St , Reading, Pennsylvania 19601

Emma Lazarus Townhomes

334 Orange St, Reading, Pennsylvania 19602

bed3

payment$901/mo.

Kennedy Towers

300 South 4th Street, Reading, Pennsylvania 19607

bed1

Samuel G. Hubert Apartments

125 N 10th St, Reading, Pennsylvania 19601

bed1

George M. Rhodes Apartments

815 Franklin St, Reading, Pennsylvania 19602

bed1

How To Identify Affordable Housing in Reading, 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.

BadgeDescription

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 InReading, Pennsylvania

$25.00/hour

$17.75

(+245%) more thanPennsylvania minimum wage and

$17.75

(+245%) more than the Federal minimum wage.

Learn More About Reading, Pennsylvania AffordableHousing ↓

What HUD offices serve Reading, 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.

Reading Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Reading, Pennsylvania.

Berks County Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Reading, Pennsylvania.

Go to thePennsylvaniaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Reading.

How many renters live in Reading, Pennsylvania?

The City of Reading has 94,860people living in 32,779 households.

There are 51,701 renters living in19,518 renter households in thisCity. Renters make up 54.5percent of the population living in Reading.

What is the rental market like in Reading, Pennsylvania?

There are an estimated 36,076 housing units in theReading area. Of these, 21,111 units are rentalhomes, making up 59 percent of the housing market. Forevery renter household in Reading, Pennsylvania, there are1 rental units.

What is the vacancy rate for rentals in Reading?

The rental vacancy rate in Reading 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 Reading for each bedroom size?

Occupied Rental Units by Size in Reading
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
1,4035,3865,2304,6022,089

Occupied Rental Units by Size in Reading

A large number of apartments in Reading have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How many renter households in Reading are overburdened by housing costs?

Among renter households in this market, 63percent havehousing cost burden. Further, 34percent 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 Reading

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $895 to $1,758. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$895
One BR$1,041
Two BR$1,320
Three BR$1,649
Four BR$1,758

2024 Fair Market Rents in Reading, Pennsylvania

How many units are rented at Fair Market Rent (FMR) in Reading?

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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio1,07276 percent
One BR4,53984 percent
Two BR4,19180 percent

Rental Units Below FMR in Reading, Pennsylvania

How many affordable rental units are in Reading?

There are a variety of federal affordable housing programs serving households inReading, Pennsylvania including the following:

Federal ProgramUnit Count
Low Income Housing Tax Credit747
Public Housing1,607
Section 8 Project-Based Rental Assistance770
Section 236 Rental Assistance21
Tracked Units by Federal Program in Reading, Pennsylvania

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Reading, Pennsylvania

Reading features 4,495 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Reading, Pennsylvania

There are 741 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Reading.

Housing Choice Vouchers in Reading, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Reading landlords$800 per month towards rent. The average voucher holdercontributes $400 towards rent inReading.

The maximum amount a voucher would pay on behalf of a low-income tenant in Reading, Pennsylvania fora two-bedroom apartment is between $1,188 and $1,452.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Increase your chances of getting on a waiting list.

You can apply to as many open waiting lists as you want! Look for online applications for easier access to more waiting lists.

What Renters Say About Us

Luann McCarthy says:

"There are many apartments to view on Affordable Housing Online."

Low Income Apartments and Affordable Housing For Rent in Reading, PA (2024)
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