Low Income Apartments and Affordable Housing For Rent in Mount Vernon, NY

Discover affordable housing in Mount Vernon where there are 30+ 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.

Ebony Gardens

142 S 7th Ave, Mount Vernon, New York 10550

Greater Centennial Homes

103 W 5th St, Mount Vernon, New York 10550

South Fulton Rehabilitation

231 S Fulton Ave, Mount Vernon, New York 10550

Sunnybrook Apartments

29 W Sidney Ave, Mount Vernon, New York 10550

Oakwood Gardens

630 E Lincoln Ave, Mount Vernon, New York 10552

Kings Court Apartments

117 S 2nd Ave, Mount Vernon, New York 10550

Vernon Terrace

29 West Sidney Avenue Mount Vernon, Mount Vernon, New York 10550

Intown Associates

37 North 5th Avenue, Mount Vernon, New York 10550

Enclave on 5th Apartments

15 S 5th Ave, Mount Vernon, New York 10550

August P. Petrillo Apartments

110 N 3RD AVE, Mount Vernon, New York 10550

Hartley Park Apartments

110 N 3RD AVE, Mount Vernon, New York 10550

Grace Plaza

159 S 5th Ave, Mount Vernon, New York 10550

Ebony Gardens

130 S 6th Ave, Mount Vernon, New York 10550

Ebony Gardens

126 S 7th Ave, Mount Vernon, New York 10550

Union Avenue Apartments

215 Union Avenue, Mount Vernon, New York 10550

Grace House

229 S 7th Ave, Mount Vernon, New York 10550

Grace Towers Housing II

E 3rd St, Mount Vernon, New York 10550

Sixty at West 1st Street

60 W 1st St, Mount Vernon, New York 10550

22 South West Street

22 South West St, Mount Vernon, New York 10550

Levister Towers Apartments

215 S 9TH AVE, Mount Vernon, New York 10550

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mount Vernon, New York
$44.55/hour
$29.55 (+197%) more than New York minimum wage and $37.30 (+514%) more than the Federal minimum wage.
Learn More About Mount Vernon, New York Affordable Housing ↓

What HUD offices serve Mount Vernon, 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 Public Housing programs for Mount Vernon, New York.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Mount Vernon, New York.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Mount Vernon, New York.

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

How many renters live in Mount Vernon, New York?

The City of Mount Vernon has 71,717 people living in 28,869 households.

There are 37,514 renters living in 17,789 renter households in this City. Renters make up 52.31 percent of the population living in Mount Vernon.

What is the rental market like in Mount Vernon, New York?

There are an estimated 30,136 housing units in the Mount Vernon area. Of these, 17,915 units are rental homes, making up 59 percent of the housing market. For every renter household in Mount Vernon, New York, there are 1 rental units.

What is the vacancy rate for rentals in Mount Vernon?

The rental vacancy rate in Mount Vernon 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 Mount Vernon for each bedroom size?

Occupied Rental Units by Size in Mount Vernon
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,903 5,908 5,456 2,451 473
Occupied Rental Units by Size in Mount Vernon

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

Among renter households in this market, 51 percent have housing cost burden. Further, 30 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 Mount Vernon

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,648 to $3,132. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,648
One BR $1,934
Two BR $2,352
Three BR $2,885
Four BR $3,132
2024 Fair Market Rents in Mount Vernon, New York

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

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 2,307 79 percent
One BR 3,906 66 percent
Two BR 1,965 36 percent
Rental Units Below FMR in Mount Vernon, New York

How many affordable rental units are in Mount Vernon?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,958
Section 8 Project-Based Rental Assistance 827
Section 202 Supportive Housing for the Elderly 96
Section 811 Supportive Housing for Persons with Disabilities 6
Tracked Units by Federal Program in Mount Vernon, New York

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

Income Based Apartments in Mount Vernon, New York

Mount Vernon features 1,148 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 Mount Vernon, New York

There are 1,439 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mount Vernon.

Housing Choice Vouchers in Mount Vernon, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mount Vernon, New York for a two-bedroom apartment is between $2,117 and $2,587.

Sourced from federal housing data and AffordableHousingOnline.com research.