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

Discover affordable housing in Spencerport where there are 2+ 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.

Ogden Heights Senior ( Dhc )

2539 Spencerport Rd, Spencerport, New York 14559

5 Osage Trail Apartments

5 Osage Trl, Spencerport, New York 14559

calendar_today Opens: May 23
calendar_today Closes: Jun 7,

Reported On April 19th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Spencerport, New York
$24.75/hour
$9.75 (+65%) more than New York minimum wage and $17.50 (+241%) more than the Federal minimum wage.
Learn More About Spencerport, New York Affordable Housing ↓

What HUD offices serve Spencerport, 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), Public Housing, Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Mainstream Voucher, Rental Assistance Demonstration (RAD), Housing Opportunities for Persons with AIDS (HOPWA), Family Unification Program (FUP) programs for Spencerport, New York.
Operates the Section 8 Housing Choice Voucher (HCV), Section 8 Project-Based Voucher (PBV) programs for Spencerport, New York.

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

How many renters live in Spencerport, New York?

The City of Spencerport has 3,670 people living in 1,574 households.

There are 977 renters living in 524 renter households in this City. Renters make up 26.62 percent of the population living in Spencerport.

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

There are an estimated 1,617 housing units in the Spencerport area. Of these, 524 units are rental homes, making up 32 percent of the housing market. For every renter household in Spencerport, New York, there are 1 rental units.

What is the vacancy rate for rentals in Spencerport?

The rental vacancy rate in Spencerport 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 Spencerport for each bedroom size?

Occupied Rental Units by Size in Spencerport
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
53 96 309 66 0
Occupied Rental Units by Size in Spencerport

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

Among renter households in this market, 39 percent have housing cost burden. Further, 14 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 Spencerport

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $938 to $1,741. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $938
One BR $1,050
Two BR $1,307
Three BR $1,580
Four BR $1,741
2024 Fair Market Rents in Spencerport, New York

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

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 40 75 percent
One BR 96 100 percent
Two BR 244 79 percent
Rental Units Below FMR in Spencerport, New York

How many affordable rental units are in Spencerport?

Income Based Apartments in Spencerport, New York

Spencerport 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 Spencerport, New York

There are 95 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Spencerport.

Housing Choice Vouchers in Spencerport, New York

On average, Section 8 Housing Choice vouchers pay Spencerport landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Spencerport.

The maximum amount a voucher would pay on behalf of a low-income tenant in Spencerport, New York for a two-bedroom apartment is between $1,176 and $1,438.

Sourced from federal housing data and AffordableHousingOnline.com research.