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

Discover affordable housing in Rotterdam where there are 1+ 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.

State of New York

1310 Princetown Rd, Rotterdam, New York 12306

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Rotterdam, New York
$26.02/hour
$11.02 (+73%) more than New York minimum wage and $18.77 (+259%) more than the Federal minimum wage.
Learn More About Rotterdam, New York Affordable Housing ↓

How many renters live in Rotterdam, New York?

The City of Rotterdam has 22,673 people living in 9,499 households.

There are 4,483 renters living in 2,270 renter households in this City. Renters make up 19.77 percent of the population living in Rotterdam.

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

There are an estimated 10,197 housing units in the Rotterdam area. Of these, 2,300 units are rental homes, making up 23 percent of the housing market. For every renter household in Rotterdam, New York, there are 1 rental units.

What is the vacancy rate for rentals in Rotterdam?

The rental vacancy rate in Rotterdam is 1 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 Rotterdam for each bedroom size?

Occupied Rental Units by Size in Rotterdam
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
29 885 817 422 117
Occupied Rental Units by Size in Rotterdam

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

Among renter households in this market, 40 percent have housing cost burden. Further, 22 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 Rotterdam

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,011 to $1,830. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,011
One BR $1,131
Two BR $1,374
Three BR $1,661
Four BR $1,830
2024 Fair Market Rents in Rotterdam, New York

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

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 15 52 percent
One BR 540 61 percent
Two BR 510 62 percent
Rental Units Below FMR in Rotterdam, New York

How many affordable rental units are in Rotterdam?

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

Federal Program Unit Count
Low Income Housing Tax Credit 44
Section 8 Project-Based Rental Assistance 1
Section 202 Supportive Housing for the Elderly 49
Tracked Units by Federal Program in Rotterdam, New York

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

Income Based Apartments in Rotterdam, New York

Rotterdam 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 Rotterdam, New York

There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rotterdam.

Housing Choice Vouchers in Rotterdam, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Rotterdam, New York for a two-bedroom apartment is between $1,237 and $1,511.

Sourced from federal housing data and AffordableHousingOnline.com research.