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Discover affordable housing in New York City where there are 750+ 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.
195 Steuben St, New York City, New York 10304
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26-14 Jackson Ave, New York City, New York 11101
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60 Water Street, New York City, New York 11201
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55 Richman Plaza, New York City, New York 10453
bed2
4 E 107th St, New York City, New York 10029
bed1-4
315 Linwood St, New York City, New York 11208
bedStudio-3
10 Halletts Point, New York City, New York 11102
bedStudio-2
909 Beck St., New York City, New York 10009
bed1
735 Gates Avenue, New York City, New York 11221
130 W 142nd St, New York City, New York 10030
1695 Grand Ave, New York City, New York 10453
626 Bergen Ave., New York City, New York
64 Scholes St., New York City, New York 11206
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Scattered Sites, New York City, New York 10452
3003 W 21st ST, New York City, New York 11224
bedStudio-3
19-14 20th Ave., New York City, New York 11105
bed1-3
294 East 162 St., New York City, New York 10451
bedStudio-3
165 Lott Avenue and 645 Thatford Avenue, New York City, New York 11212
23 India St., New York City, New York 11222
bedStudio-2
2550 Third Ave., New York City, New York 10454
bedStudio-1
How To Identify Affordable Housing in New York City, New York
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. |
calendar_todayOpened: Jun 8,2020
calendar_todayCloses: Jun 8,2030
calendar_month
touch_appGet the Application
Reported On February 23rd, 2024 byNathan Brunet
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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InNew York City, New York
$52.12/hour
(+247%) more thanNew York minimum wage and
$44.87(+619%) more than the Federal minimum wage.
Learn More About New York City, New York AffordableHousing ↓
What HUD offices serve New York City, New York?
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.
New York City Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH), Mainstream Voucher programs for New York City, New York.
New York City Department of Housing Preservation and Development
Operates the Section 8 Housing Choice Voucher (HCV) programs for New York City, New York.
New York State Homes and Community Renewal
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Homeownership programs for New York City, New York.
Go to theNew YorkPublic Housing and Low-Income Apartments Waiting Lists page for openings near New York City.
How many renters live in New York City, New York?
The City of New York City has 8,335,897people living in 3,373,039 households.
There are 5,183,158 renters living in2,271,037 renter households in thisCity. Renters make up 62.18percent of the population living in New York City.
What is the rental market like in New York City, New York?
There are an estimated 3,679,063 housing units in theNew York City area. Of these, 2,364,107 units are rentalhomes, making up 64 percent of the housing market. Forevery renter household in New York City, New York, there are1 rental units.
What is the vacancy rate for rentals in New York City?
The rental vacancy rate in New York City is 3 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 New York City for each bedroom size?
Occupied Rental Units by Size in New York City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 286,622 794,954 760,473 361,963 55,804 Occupied Rental Units by Size in New York City
A large number of apartments in New York City have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.
How many renter households in New York City are overburdened by housing costs?
Among renter households in this market, 49percent havehousing cost burden. Further, 28percent 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 many units are rented at Fair Market Rent (FMR) in New York City?
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 132,924 46 percent One BR 344,459 43 percent Two BR 289,949 38 percent Rental Units Below FMR in New York City, New York
How many affordable rental units are in New York City?
There are a variety of federal affordable housing programs serving households inNew York City, New York including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit 157,767 Public Housing 153,763 Section 8 Project-Based Rental Assistance 62,382 Mod Rehab Project-Based Rental Assistance 1,449 Section 236 Rental Assistance 701 Section 202 Supportive Housing for the Elderly 8,142 Section 811 Supportive Housing for Persons with Disabilities 332 Tracked Units by Federal Program in New York City, New York
Income Based Apartments in New York City, New York
New York City features 253,616 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.
Low Rent Apartments in New York City, New York
There are 148,164 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in New York City.
Housing Choice Vouchers in New York City, New York
On average, Section 8 Housing Choice vouchers pay New York City landlords$1,100 per month towards rent. The average voucher holdercontributes $400 towards rent inNew York City.
The maximum amount a voucher would pay on behalf of a low-income tenant in New York City, New York fora two-bedroom apartment is between $2,477 and $3,027.
Sourced from federal housing data and AffordableHousingOnline.comresearch.
Affordable Housing Tip
Housing options for families with immigrants.
If the head of household is a citizen or eligible immigrant, you can still qualify for HUD programs with a citizenship requirement.
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