About This Property
Park Tower is a 156-unit affordable housing community in Philadelphia that serves elderly and disabled residents. The property features 156 one-bedroom apartments and has been in service since 2015. Park Tower was financed through tax-exempt bonds and provides low-income housing options for its residents.
Waitlist Information
Waitlist managed by Philadelphia Housing Authority
The Public Housing Program waitlist was closed on April 15, 2013. Senior-designated housing developments and special programs remain open. PHA does not provide applicants with their position or number on the waitlist.
The PHA waitlist for HCV is anticipated to reopen in 2027.
Waitlist data provided by section8waitlist.org
Updated November 4, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Philadelphia County, PA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,303 |
| 1 Bedroom | $1,451 |
| 2 Bedroom | $1,737 |
| 3 Bedroom | $2,100 |
| 4 Bedroom | $2,422 |
Income Limits - Philadelphia County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,850
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $22,700
- Very Low (50%)
- $37,800
- Low (80%)
- $60,500
- Extremely Low (30%)
- $25,550
- Very Low (50%)
- $42,550
- Low (80%)
- $68,050
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,250
- Low (80%)
- $75,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $51,050
- Low (80%)
- $81,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,850
- Low (80%)
- $87,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $58,600
- Low (80%)
- $93,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $62,400
- Low (80%)
- $99,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,850 | $33,100 | $52,950 |
| 2 Persons | $22,700 | $37,800 | $60,500 |
| 3 Persons | $25,550 | $42,550 | $68,050 |
| 4 Persons | $28,350 | $47,250 | $75,600 |
| 5 Persons | $31,040 | $51,050 | $81,650 |
| 6 Persons | $35,580 | $54,850 | $87,700 |
| 7 Persons | $40,120 | $58,600 | $93,750 |
| 8 Persons | $44,660 | $62,400 | $99,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Philadelphia, PA?+
The Fair Market Rent (FMR) for Philadelphia County, PA is: $1303 (Studio), $1451 (1BR), $1737 (2BR), $2100 (3BR), $2422 (4BR). Actual rent at subsidized properties like Park Tower is typically 30% of household income or less.
What size apartments are available at Park Tower?+
Park Tower offers the following unit types: 156 One-Bedroom units, for a total of 156 units.
How do I apply for housing at Park Tower?+
Park Tower is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Park Tower?+
Park Tower is managed by . You can reach them at . Visit their website for more information.
What is the HUD inspection score for Park Tower?+
Park Tower has a HUD inspection score of 94 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who is eligible to live at Park Tower?+
Park Tower primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Philadelphia, PA?+
Based on Fair Market Rent for Philadelphia County, the estimated price range is: 1-bedroom: $1451. Actual rent at Park Tower may be lower for income-eligible households.
What are the income limits for affordable housing in Philadelphia County, PA?+
For a 4-person household in Philadelphia County, PA, the income limits are: Extremely Low Income (30% AMI): $28,350, Very Low Income (50% AMI): $47,250, Low Income (80% AMI): $75,600. These limits are set by HUD and updated annually.
Is there a waitlist for Park Tower?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Opening Soon and is expected to open for applications soon. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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