How many renters live in Adams Center, New York?
The City of Adams Center has people living in households.
There are renters living in renter households in this City. Renters make up 5.38 percent of the population living in Adams Center.
What is the rental market like in Adams Center, New York?
There are an estimated housing units in the Adams Center area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Adams Center, New York, there are 1 rental units.
What is the vacancy rate for rentals in Adams Center?
The rental vacancy rate in Adams Center 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 Adams Center for each bedroom size?
Occupied Rental Units by Size in Adams Center
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 0 | 14 | 0 |
Occupied Rental Units by Size in Adams Center
A large number of apartments in Adams Center 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 Adams Center
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $922 to $2,231. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $922 |
| One BR | $1,035 |
| Two BR | $1,360 |
| Three BR | $1,843 |
| Four BR | $2,231 |
2024 Fair Market Rents in Adams Center, New York
How many units are rented at Fair Market Rent (FMR) in Adams Center?
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 |
Rental Units Below FMR in Adams Center, New York
How many affordable rental units are in Adams Center?
Income Based Apartments in Adams Center, New York
Adams Center 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 Adams Center, New York
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Adams Center.
Housing Choice Vouchers in Adams Center, New York
On average, Section 8 Housing Choice vouchers pay Adams Center landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Adams Center.
The maximum amount a voucher would pay on behalf of a low-income tenant in Adams Center, New York for a two-bedroom apartment is between $1,224 and $1,496.
Sourced from federal housing data and AffordableHousingOnline.com research.