How many renters live in Alexandria Bay, New York?
The City of Alexandria Bay has people living in households.
There are renters living in renter households in this City. Renters make up 38.55 percent of the population living in Alexandria Bay.
What is the rental market like in Alexandria Bay, New York?
There are an estimated housing units in the Alexandria Bay area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Alexandria Bay, New York, there are 1.17 rental units.
What is the vacancy rate for rentals in Alexandria Bay?
The rental vacancy rate in Alexandria Bay is 14 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 Alexandria Bay for each bedroom size?
Occupied Rental Units by Size in Alexandria Bay
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 44 | 103 | 109 | 21 | 0 |
Occupied Rental Units by Size in Alexandria Bay
A large number of apartments in Alexandria Bay 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 Alexandria Bay
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 Alexandria Bay, New York
How many units are rented at Fair Market Rent (FMR) in Alexandria Bay?
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 | 35 | 80 percent |
| One BR | 99 | 96 percent |
| Two BR | 93 | 85 percent |
Rental Units Below FMR in Alexandria Bay, New York
How many affordable rental units are in Alexandria Bay?
There are a variety of federal affordable housing programs serving households in Alexandria Bay, New York including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Alexandria Bay, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Alexandria Bay, New York
Alexandria Bay features 46 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 Alexandria Bay, New York
There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alexandria Bay.
Housing Choice Vouchers in Alexandria Bay, New York
On average, Section 8 Housing Choice vouchers pay Alexandria Bay landlords $900 per month towards rent. The average voucher holder contributes $500 towards rent in Alexandria Bay.
The maximum amount a voucher would pay on behalf of a low-income tenant in Alexandria Bay, New York for a two-bedroom apartment is between $1,224 and $1,496.
Sourced from federal housing data and AffordableHousingOnline.com research.