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

Discover affordable housing in Oswego where there are 10+ 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.

Pontiac Terrace Apartments

225 West 1st Street , Oswego, New York 13126

Seaway Lofts

472 W 1st St, Oswego, New York 13126

Lock 7 Apartments

220 East First Street, Oswego, New York 13126

Harbor View Square

69 W 1st Street, Oswego, New York 13126

St Lukes Elderly Housing

131 W 1st St, Oswego, New York 13126

Oswego Hamilton Homes

96 Hamilton St, Oswego, New York 13126

Champlain Commons

11 Samuel Way , Oswego, New York 13126

Simeon Dewitt Apartments

150 E 1st St, Oswego, New York 13126

Wine Creek Apts III

23d Birch Lane, Oswego, New York

Wine Creek Apts II

23d Birch Lane, Oswego, New York

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Oswego, New York
$21.33/hour
$6.33 (+42%) more than New York minimum wage and $14.08 (+194%) more than the Federal minimum wage.
Learn More About Oswego, New York Affordable Housing ↓

What HUD offices serve Oswego, 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 Oswego, New York.

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

How many renters live in Oswego, New York?

The City of Oswego has 17,092 people living in 7,353 households.

There are 7,633 renters living in 3,746 renter households in this City. Renters make up 44.66 percent of the population living in Oswego.

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

There are an estimated 8,518 housing units in the Oswego area. Of these, 4,089 units are rental homes, making up 48 percent of the housing market. For every renter household in Oswego, New York, there are 1 rental units.

What is the vacancy rate for rentals in Oswego?

The rental vacancy rate in Oswego is 6 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 Oswego for each bedroom size?

Occupied Rental Units by Size in Oswego
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
199 1,191 1,196 717 377
Occupied Rental Units by Size in Oswego

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

Among renter households in this market, 54 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 Oswego

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $828 to $1,600. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $828
One BR $916
Two BR $1,126
Three BR $1,381
Four BR $1,600
2024 Fair Market Rents in Oswego, New York

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

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 80 40 percent
One BR 811 68 percent
Two BR 693 58 percent
Rental Units Below FMR in Oswego, New York

How many affordable rental units are in Oswego?

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

Federal Program Unit Count
Low Income Housing Tax Credit 251
Section 8 Project-Based Rental Assistance 169
USDA Section 515 Rural Rental Housing 64
Tracked Units by Federal Program in Oswego, New York

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

Income Based Apartments in Oswego, New York

Oswego features 310 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 Oswego, New York

There are 251 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oswego.

Housing Choice Vouchers in Oswego, New York

On average, Section 8 Housing Choice vouchers pay Oswego landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Oswego.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oswego, New York for a two-bedroom apartment is between $1,013 and $1,239.

Sourced from federal housing data and AffordableHousingOnline.com research.