Low Income Apartments and Affordable Housing For Rent in Painted Post, NY

Discover affordable housing in Painted Post 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.

Pinetree Village Senior

140 Forest Dr, Painted Post, New York 14870

Pinetree Village

1 Pine Tree Village, Painted Post, New York 14870

Village Square Apartments

250 North Hamilton Street, Painted Post, New York 14870

Pine Tree Senior Apartments CO Tm Associates

6 Pine Tree Vlg, Painted Post, New York 14870

Badger Creek Meadows

40 Creekside Dr, Painted Post, New York 14870

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Painted Post, New York
$17.14/hour
$2.14 (+14%) more than New York minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Painted Post, New York Affordable Housing ↓

How many renters live in Painted Post, New York?

The City of Painted Post has 1,735 people living in 804 households.

There are 530 renters living in 280 renter households in this City. Renters make up 30.55 percent of the population living in Painted Post.

What is the rental market like in Painted Post, New York?

There are an estimated 885 housing units in the Painted Post area. Of these, 290 units are rental homes, making up 33 percent of the housing market. For every renter household in Painted Post, New York, there are 1 rental units.

What is the vacancy rate for rentals in Painted Post?

The rental vacancy rate in Painted Post is 3 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 Painted Post for each bedroom size?

Occupied Rental Units by Size in Painted Post
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 77 87 83 20
Occupied Rental Units by Size in Painted Post

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

Among renter households in this market, 55 percent have housing cost burden. Further, 18 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 Painted Post

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $743 to $1,497. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $743
One BR $759
Two BR $905
Three BR $1,167
Four BR $1,497
2024 Fair Market Rents in Painted Post, New York

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

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 9 100 percent
One BR 52 68 percent
Two BR 28 32 percent
Rental Units Below FMR in Painted Post, New York

How many affordable rental units are in Painted Post?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 64
Tracked Units by Federal Program in Painted Post, New York

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

Income Based Apartments in Painted Post, New York

Painted Post features 261 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 Painted Post, New York

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

Housing Choice Vouchers in Painted Post, New York

On average, Section 8 Housing Choice vouchers pay Painted Post landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Painted Post.

The maximum amount a voucher would pay on behalf of a low-income tenant in Painted Post, New York for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.