How many renters live in Youngstown, New York?
The City of Youngstown has 1,965 people living in 807 households.
There are 357 renters living in 162 renter households in this City. Renters make up 18.17 percent of the population living in Youngstown.
What is the rental market like in Youngstown, New York?
There are an estimated 888 housing units in the Youngstown area. Of these, 183 units are rental homes, making up 21 percent of the housing market. For every renter household in Youngstown, New York, there are 1 rental units.
What is the vacancy rate for rentals in Youngstown?
The rental vacancy rate in Youngstown is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Youngstown for each bedroom size?
Occupied Rental Units by Size in Youngstown
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 8 | 32 | 78 | 44 | 0 |
Occupied Rental Units by Size in Youngstown
A large number of apartments in Youngstown 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 Youngstown are overburdened by housing costs?
Among renter households in this market, 44 percent have housing cost burden. Further, 24 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 Youngstown
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $951 to $1,604. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $951 |
| One BR | $992 |
| Two BR | $1,163 |
| Three BR | $1,424 |
| Four BR | $1,604 |
2024 Fair Market Rents in Youngstown, New York
How many units are rented at Fair Market Rent (FMR) in Youngstown?
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 | 8 | 100 percent |
| One BR | 32 | 100 percent |
| Two BR | 50 | 64 percent |
Rental Units Below FMR in Youngstown, New York
How many affordable rental units are in Youngstown?
There are a variety of federal affordable housing programs serving households in Youngstown, New York including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 30 |
Tracked Units by Federal Program in Youngstown, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Youngstown, New York
Youngstown features 30 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 Youngstown, New York
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Youngstown.
Housing Choice Vouchers in Youngstown, New York
On average, Section 8 Housing Choice vouchers pay Youngstown landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Youngstown.
The maximum amount a voucher would pay on behalf of a low-income tenant in Youngstown, New York for a two-bedroom apartment is between $1,047 and $1,279.
Sourced from federal housing data and AffordableHousingOnline.com research.
