Low Income Apartments and Affordable Housing For Rent in Lake Ronkonkoma, NY

Discover affordable housing in Lake Ronkonkoma where there are 5+ 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.

Option VI

2879 Lake Shore, Lake Ronkonkoma, New York 11779

Options Supp Housing IV

758 Hawkins Ave, Lake Ronkonkoma, New York 11779

Option Supported Housing Project III East

295 Richmond Blvd, Lake Ronkonkoma, New York 11779

Brookwood on the Lake

1507 Round Pond Rd, Lake Ronkonkoma, New York 11779

Options Supported Housing Project XIV

31 David Ln, Lake Ronkonkoma, New York 11779

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lake Ronkonkoma, 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 Lake Ronkonkoma, New York Affordable Housing ↓

What HUD offices serve Lake Ronkonkoma, 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) programs for Lake Ronkonkoma, New York.

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

How many renters live in Lake Ronkonkoma, New York?

The City of Lake Ronkonkoma has 18,339 people living in 6,504 households.

There are 4,247 renters living in 2,065 renter households in this City. Renters make up 23.16 percent of the population living in Lake Ronkonkoma.

What is the rental market like in Lake Ronkonkoma, New York?

There are an estimated 6,938 housing units in the Lake Ronkonkoma area. Of these, 2,124 units are rental homes, making up 31 percent of the housing market. For every renter household in Lake Ronkonkoma, New York, there are 1 rental units.

What is the vacancy rate for rentals in Lake Ronkonkoma?

The rental vacancy rate in Lake Ronkonkoma 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 Lake Ronkonkoma for each bedroom size?

Occupied Rental Units by Size in Lake Ronkonkoma
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
168 716 819 200 134
Occupied Rental Units by Size in Lake Ronkonkoma

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

Among renter households in this market, 55 percent have housing cost burden. Further, 21 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 Lake Ronkonkoma

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 Lake Ronkonkoma, New York

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

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 96 57 percent
One BR 277 39 percent
Two BR 119 15 percent
Rental Units Below FMR in Lake Ronkonkoma, New York

How many affordable rental units are in Lake Ronkonkoma?

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

Federal Program Unit Count
Low Income Housing Tax Credit 58
Section 8 Project-Based Rental Assistance 335
Section 811 Supportive Housing for Persons with Disabilities 22
Tracked Units by Federal Program in Lake Ronkonkoma, New York

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

Income Based Apartments in Lake Ronkonkoma, New York

Lake Ronkonkoma features 372 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 Lake Ronkonkoma, New York

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

Housing Choice Vouchers in Lake Ronkonkoma, New York

On average, Section 8 Housing Choice vouchers pay Lake Ronkonkoma landlords $1,100 per month towards rent. The average voucher holder contributes $500 towards rent in Lake Ronkonkoma.

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

Sourced from federal housing data and AffordableHousingOnline.com research.