How many renters live in Port Henry, New York?
The City of Port Henry has people living in households.
There are renters living in renter households in this City. Renters make up 26.65 percent of the population living in Port Henry.
What is the rental market like in Port Henry, New York?
There are an estimated housing units in the Port Henry area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Port Henry, New York, there are 1 rental units.
What is the vacancy rate for rentals in Port Henry?
The rental vacancy rate in Port Henry is 0 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 Port Henry for each bedroom size?
Occupied Rental Units by Size in Port Henry
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 57 | 6 | 131 | 42 | 0 |
Occupied Rental Units by Size in Port Henry
A large number of apartments in Port Henry have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Port Henry
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $824 to $1,446. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $824 |
| One BR | $828 |
| Two BR | $971 |
| Three BR | $1,309 |
| Four BR | $1,446 |
2024 Fair Market Rents in Port Henry, New York
How many units are rented at Fair Market Rent (FMR) in Port Henry?
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 | 57 | 100 percent |
| One BR | 4 | 67 percent |
| Two BR | 124 | 95 percent |
Rental Units Below FMR in Port Henry, New York
How many affordable rental units are in Port Henry?
There are a variety of federal affordable housing programs serving households in Port Henry, New York including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Port Henry, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Port Henry, New York
Port Henry features 0 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 Port Henry, New York
There are 25 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Port Henry.
Housing Choice Vouchers in Port Henry, New York
On average, Section 8 Housing Choice vouchers pay Port Henry landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Port Henry.
The maximum amount a voucher would pay on behalf of a low-income tenant in Port Henry, New York for a two-bedroom apartment is between $874 and $1,068.
Sourced from federal housing data and AffordableHousingOnline.com research.
