Low Income (LIHTC)

Park Crest Terrace Apts

1400 Martin St, State College, PA, 16803

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Park Crest Terrace Apts comprises 240 units in State College, PA, Centre County. The community was placed in service in 1988 and operates as an affordable housing community. Interested applicants can contact the management office for leasing information and availability.

Property Details

Total Units

240

Fair Market Rent - Centre 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	$1,122
1 Bedroom	$1,133
2 Bedroom	$1,317
3 Bedroom	$1,593
4 Bedroom	$1,754

Income Limits - Centre County, PA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $18,450
Very Low (50%): $30,800
Low (80%): $49,250

2 Persons

Extremely Low (30%): $21,100
Very Low (50%): $35,200
Low (80%): $56,250

3 Persons

Extremely Low (30%): $23,750
Very Low (50%): $39,600
Low (80%): $63,300

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $43,950
Low (80%): $70,300

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $47,500
Low (80%): $75,950

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $51,000
Low (80%): $81,550

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $54,500
Low (80%): $87,200

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $58,050
Low (80%): $92,800

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$18,450	$30,800	$49,250
2 Persons	$21,100	$35,200	$56,250
3 Persons	$23,750	$39,600	$63,300
4 Persons	$26,500	$43,950	$70,300
5 Persons	$31,040	$47,500	$75,950
6 Persons	$35,580	$51,000	$81,550
7 Persons	$40,120	$54,500	$87,200
8 Persons	$44,660	$58,050	$92,800

Tax Credit Program Details

Year Placed in Service

8888

Low-Income Units

0 / 240

Frequently Asked Questions

What is the average rent for affordable housing in State College, PA?+

The Fair Market Rent (FMR) for Centre County, PA is: $1122 (Studio), $1133 (1BR), $1317 (2BR), $1593 (3BR), $1754 (4BR). Actual rent at subsidized properties like Park Crest Terrace Apts is typically 30% of household income or less.

What are the income limits for affordable housing in Centre County, PA?+

For a 4-person household in Centre County, PA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,950, Low Income (80% AMI): $70,300. These limits are set by HUD and updated annually.

How do I apply for housing at Park Crest Terrace Apts?+

Park Crest Terrace Apts 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 Crest Terrace Apts?+

Park Crest Terrace Apts is managed by . You can reach them at . Visit their website for more information.

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