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

Discover affordable housing in Interlaken where there are 1+ 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.

Conifer Village at Interlaken

3687 Conifer Drive, Interlaken, New York 14847

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Interlaken, New York
$18.77/hour
$3.77 (+25%) more than New York minimum wage and $11.52 (+159%) more than the Federal minimum wage.
Learn More About Interlaken, New York Affordable Housing ↓

How many renters live in Interlaken, New York?

The City of Interlaken has 503 people living in 256 households.

There are 121 renters living in 76 renter households in this City. Renters make up 24.06 percent of the population living in Interlaken.

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

There are an estimated 320 housing units in the Interlaken area. Of these, 76 units are rental homes, making up 24 percent of the housing market. For every renter household in Interlaken, New York, there are 1 rental units.

What is the vacancy rate for rentals in Interlaken?

The rental vacancy rate in Interlaken is 0 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 Interlaken for each bedroom size?

Occupied Rental Units by Size in Interlaken
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 25 37 6 8
Occupied Rental Units by Size in Interlaken

A large number of apartments in Interlaken 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 Interlaken are overburdened by housing costs?

Among renter households in this market, 29 percent have housing cost burden. Further, 20 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 Interlaken

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $765 to $1,682. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $765
One BR $770
Two BR $991
Three BR $1,297
Four BR $1,682
2024 Fair Market Rents in Interlaken, New York

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

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
One BR 19 76 percent
Two BR 25 68 percent
Rental Units Below FMR in Interlaken, New York

How many affordable rental units are in Interlaken?

Income Based Apartments in Interlaken, New York

Interlaken features 28 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 Interlaken, New York

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Interlaken.

Housing Choice Vouchers in Interlaken, New York

On average, Section 8 Housing Choice vouchers pay Interlaken landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Interlaken.

The maximum amount a voucher would pay on behalf of a low-income tenant in Interlaken, New York for a two-bedroom apartment is between $892 and $1,090.

Sourced from federal housing data and AffordableHousingOnline.com research.