How many renters live in Wyoming County, New York?
The County of Wyoming County has people living in households.
There are renters living in renter households in this County. Renters make up 18.41 percent of the population living in Wyoming County.
What is the rental market like in Wyoming County, New York?
There are an estimated housing units in the Wyoming County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Wyoming County, New York, there are 1.02 rental units.
What is the vacancy rate for rentals in Wyoming County?
The rental vacancy rate in Wyoming County is 2 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 Wyoming County for each bedroom size?
Occupied Rental Units by Size in Wyoming County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 63 836 1,360 850 476 Occupied Rental Units by Size in Wyoming County
A large number of apartments in Wyoming County 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 Wyoming County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $724 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $724 One BR $728 Two BR $905 Three BR $1,220 Four BR $1,345 2024 Fair Market Rents in Wyoming County, New York
How many units are rented at Fair Market Rent (FMR) in Wyoming 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 26 41 percent One BR 540 65 percent Two BR 958 70 percent Rental Units Below FMR in Wyoming County, New York
How many affordable rental units are in Wyoming County?
There are a variety of federal affordable housing programs serving households in
Wyoming County, New York including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in Wyoming County, New York
Income Based Apartments in Wyoming County, New York
Wyoming 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 Wyoming County, New York
There are 192 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wyoming County.
Housing Choice Vouchers in Wyoming County, New York
On average, Section 8 Housing Choice vouchers pay Wyoming County landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Wyoming County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Wyoming County, New York for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.