Low Income Apartments and Affordable Housing For Rent in Farmingdale, NY

Discover affordable housing in Farmingdale where there are 3+ 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.

Hardscrabble Apartments

400 Main St, Farmingdale, New York 11735

Woodbridge at Farmingdale II

461 Fulton St, Farmingdale, New York 11735

Woodbridge at Farmingdale

477 Fulton St, Farmingdale, New York 11735

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Farmingdale, New York
$47.50/hour
$32.50 (+217%) more than New York minimum wage and $40.25 (+555%) more than the Federal minimum wage.
Learn More About Farmingdale, New York Affordable Housing ↓

What HUD offices serve Farmingdale, New York?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Section 8 Project-Based Voucher (PBV) programs for Farmingdale, New York.

Go to the New York Public Housing and Low-Income Apartments Waiting Lists page for openings near Farmingdale.

How many renters live in Farmingdale, New York?

The City of Farmingdale has 8,428 people living in 3,526 households.

There are 2,081 renters living in 1,080 renter households in this City. Renters make up 24.69 percent of the population living in Farmingdale.

What is the rental market like in Farmingdale, New York?

There are an estimated 3,656 housing units in the Farmingdale area. Of these, 1,142 units are rental homes, making up 31 percent of the housing market. For every renter household in Farmingdale, New York, there are 1 rental units.

What is the vacancy rate for rentals in Farmingdale?

The rental vacancy rate in Farmingdale is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Farmingdale for each bedroom size?

Occupied Rental Units by Size in Farmingdale
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
90 446 245 276 23
Occupied Rental Units by Size in Farmingdale

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

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

Among renter households in this market, 48 percent have housing cost burden. Further, 28 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Farmingdale

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,708 to $3,521. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,708
One BR $2,144
Two BR $2,508
Three BR $3,246
Four BR $3,521
2024 Fair Market Rents in Farmingdale, New York

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

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search 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 48 53 percent
One BR 62 14 percent
Two BR 0 100 percent
Rental Units Below FMR in Farmingdale, New York

How many affordable rental units are in Farmingdale?

There are a variety of federal affordable housing programs serving households in Farmingdale, New York including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 90
Section 8 Project-Based Rental Assistance 75
Tracked Units by Federal Program in Farmingdale, New York

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

Income Based Apartments in Farmingdale, New York

Farmingdale features 80 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Farmingdale, New York

There are 90 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Farmingdale.

Housing Choice Vouchers in Farmingdale, New York

On average, Section 8 Housing Choice vouchers pay Farmingdale landlords $1,000 per month towards rent. The average voucher holder contributes $500 towards rent in Farmingdale.

The maximum amount a voucher would pay on behalf of a low-income tenant in Farmingdale, New York for a two-bedroom apartment is between $2,257 and $2,759.

Sourced from federal housing data and AffordableHousingOnline.com research.