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Updated almost 7 years ago on . Most recent reply

User Stats

69
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25
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Yacine Rimmo
  • Astoria, NY
25
Votes |
69
Posts

Section 8 rental in Allentown

Yacine Rimmo
  • Astoria, NY
Posted

Hello BP Community!

I am just coming back from a trip in the Allentown aera and I have visited a property with one unit being a section 8. Interestingly this seems to be paying more than the market rate rent. I am talking about getting somewhere around $1,000 instead of $750. I would have assumed the other way and I find this a little odd.

Does anyone have experience in the allentown market with section 8? Is this difference in rent common and do you chose to invest in Allentown section 8 then or stay away from it and why?

Thank you!
Yacine

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