Low Income Apartments and Affordable Housing For Rent in Niagara Falls, NY

Discover affordable housing in Niagara Falls where there are 31+ 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.

Colt Block Apartments

2119 Main St, Niagara Falls, New York 14305

Niagara Towers

901 Cedar Ave, Niagara Falls, New York 14301

Monteagle Ridge Estate

4600 Hyde Park Blvd, Niagara Falls, New York 14305

Cornerstone Village Townhomes

3100 9th St, Niagara Falls, New York 14305

Packard Courts

4200 Pine Ave, Niagara Falls, New York 14301

Spallino Towers

720 10th St, Niagara Falls, New York 14301

Wrobel Towers

800 Niagara Ave, Niagara Falls, New York 14305

Harry S. Jordan Gardens

2910 Highland Ave, Niagara Falls, New York 14305

Summit View Place

7210 Williams Rd , Niagara Falls, New York 14304

Center Court Homes

1710 Calumet Ave, Niagara Falls, New York 14305

Vince Morello Senior Housing Lp

95th St and Frontier Ave, Niagara Falls, New York 14304

Geri Rose Garden Apartments

3354 Tuscarora Rd, Niagara Falls, New York 14304

Vincent Morello Senior Housing

418 95th St, Niagara Falls, New York 14304

Rehab Associates

1824 Main St, Niagara Falls, New York 14305

Wheatfield Towers

6849 Plaza Dr, Niagara Falls, New York 14304

Sawyer Gardens

2132 Sawyer Dr, Niagara Falls, New York 14304

Estella Apartments

942 Niagara Ave, Niagara Falls, New York 14305

Unity Park II

2958 9th St, Niagara Falls, New York 14305

Unity Park Phase 1

2 Apple Walk, Niagara Falls, New York 14305

State of New York

1536 Willow Ave, Niagara Falls, New York 14305

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Niagara Falls, New York
$22.03/hour
$7.03 (+47%) more than New York minimum wage and $14.78 (+204%) more than the Federal minimum wage.
Learn More About Niagara Falls, New York Affordable Housing ↓

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

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

How many renters live in Niagara Falls, New York?

The City of Niagara Falls has 48,502 people living in 22,428 households.

There are 20,377 renters living in 9,870 renter households in this City. Renters make up 42.01 percent of the population living in Niagara Falls.

What is the rental market like in Niagara Falls, New York?

There are an estimated 26,141 housing units in the Niagara Falls area. Of these, 10,760 units are rental homes, making up 41 percent of the housing market. For every renter household in Niagara Falls, New York, there are 1 rental units.

What is the vacancy rate for rentals in Niagara Falls?

The rental vacancy rate in Niagara Falls is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Niagara Falls for each bedroom size?

Occupied Rental Units by Size in Niagara Falls
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
396 2,026 4,273 2,569 499
Occupied Rental Units by Size in Niagara Falls

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

Among renter households in this market, 51 percent have housing cost burden. Further, 29 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 Niagara Falls

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $951 to $1,604. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $951
One BR $992
Two BR $1,163
Three BR $1,424
Four BR $1,604
2024 Fair Market Rents in Niagara Falls, New York

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

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 305 77 percent
One BR 1,913 94 percent
Two BR 3,444 81 percent
Rental Units Below FMR in Niagara Falls, New York

How many affordable rental units are in Niagara Falls?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,207
Public Housing 844
Section 8 Project-Based Rental Assistance 442
Mod Rehab Project-Based Rental Assistance 8
Tracked Units by Federal Program in Niagara Falls, New York

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

Income Based Apartments in Niagara Falls, New York

Niagara Falls features 1,413 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 Niagara Falls, New York

There are 879 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Niagara Falls.

Housing Choice Vouchers in Niagara Falls, New York

On average, Section 8 Housing Choice vouchers pay Niagara Falls landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Niagara Falls.

The maximum amount a voucher would pay on behalf of a low-income tenant in Niagara Falls, New York for a two-bedroom apartment is between $1,047 and $1,279.

Sourced from federal housing data and AffordableHousingOnline.com research.