How many renters live in Schoharie County, New York?
The County of Schoharie County has 29,970 people living in 12,283 households.
There are 5,693 renters living in 2,773 renter households in this County. Renters make up 19 percent of the population living in Schoharie County.
What is the rental market like in Schoharie County, New York?
There are an estimated 16,517 housing units in the Schoharie County area. Of these, 2,947 units are rental homes, making up 18 percent of the housing market. For every renter household in Schoharie County, New York, there are 1 rental units.
What is the vacancy rate for rentals in Schoharie County?
The rental vacancy rate in Schoharie County 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 Schoharie County for each bedroom size?
Occupied Rental Units by Size in Schoharie County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 147 | 722 | 1,014 | 677 | 102 |
Occupied Rental Units by Size in Schoharie County
A large number of apartments in Schoharie County 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 Schoharie County are overburdened by housing costs?
Among renter households in this market, 33 percent have housing cost burden. Further, 15 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 Schoharie County
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 Schoharie County, New York
How many units are rented at Fair Market Rent (FMR) in Schoharie County?
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 | 129 | 88 percent |
| One BR | 604 | 84 percent |
| Two BR | 819 | 81 percent |
Rental Units Below FMR in Schoharie County, New York
How many affordable rental units are in Schoharie County?
There are a variety of federal affordable housing programs serving households in Schoharie County, New York including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 36 |
| USDA Section 515 Rural Rental Housing | 64 |
Tracked Units by Federal Program in Schoharie County, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Schoharie County, New York
Schoharie County features 283 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 Schoharie County, New York
There are 285 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Schoharie County.
Housing Choice Vouchers in Schoharie County, New York
On average, Section 8 Housing Choice vouchers pay Schoharie County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Schoharie County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Schoharie County, New York for a two-bedroom apartment is between $1,237 and $1,511.
Sourced from federal housing data and AffordableHousingOnline.com research.
