Amagansett, New York Affordable Housing

Affordable Housing programs support 40 income based apartments in Amagansett where households pay rent based on how much they earn.

There are 0 affordable apartments in Amagansett that offer reduced rents to low-income households.

Waiting Lists in Amagansett, New York

There are no open Section 8 Housing Choice Voucher waiting lists in Amagansett. Go to the New York Section 8 Waiting Lists page for openings near Amagansett.

St Michaels Housing

486 Montauk Highway
Amagansett, New York
Rent Assisted
62+
Accessible
Elderly Supportive Housing
Showing Results 1-10
  • «
  • 1
  • »

Affordable Housing Near Amagansett

View affordable apartments and waiting lists in cities near Amagansett

City Apartments
Riverhead, NY Affordable Housing programs support 8 apartment communities in Riverhead.
Port Jefferson Station, NY Affordable Housing programs support 8 apartment communities in Port Jefferson Station.
Brentwood, NY Affordable Housing programs support 6 apartment communities in Brentwood.
East Patchogue, NY Affordable Housing programs support 6 apartment communities in East Patchogue.
Central Islip, NY Affordable Housing programs support 6 apartment communities in Central Islip.

Public Housing Agencies Serving Amagansett, 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.

Housing Authority Programs
Community Development Corporation of Long Island Inc Section 8 Housing Choice Voucher (HCV)
Go to the New York Public Housing and Low-Income Apartments Waiting Lists page for openings near Amagansett.

Amagansett, New York Affordable Housing Data

Income Based Apartments in Amagansett, New York

Amagansett features 40 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 Amagansett, New York

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Amagansett.

Housing Choice Vouchers in Amagansett, New York

On average, Section 8 Housing Choice vouchers pay Amagansett landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Amagansett.

The maximum amount a voucher would pay on behalf of a low-income tenant in Amagansett, New York for a two-bedroom apartment is between $2,067 and $2,527.

2023 Amagansett, New York Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Amagansett, New York Fair Market Rent $1,536 $1,914 $2,297 $2,952 $3,245
Amagansett, New York Payment Standard Range $1,382 to $1,690 $1,723 to $2,105 $2,067 to $2,527 $2,657 to $3,247 $2,921 to $3,570

Sourced from federal housing data and AffordableHousingOnline.com research.

Amagansett, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 40
Total Housing Units with Rental Assistance 40
Percentage of Housing Units Occupied By Renters 17.71%
Average Renter Household Size 2.43
Average Household Size 2.72
Median Household Income $93,750 ±$42,278
Median Rent $2,545 ±$640
Percentage Of Renters Overburdened 32.91% ± 16.79pp
Total Population 1,211

Population and Household Demographics

Amagansett is a city in Suffolk County, New York with a population of 1,211. There are 446 households in the city with an average household size of 2.72 persons. 17.71% of households in Amagansett are renters.

Income and Rent Overburden in Amagansett

The median gross income for households in Amagansett is $93,750 a year, or $7,813 a month. The median rent for the city is $2,545 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Amagansett, a household making less than $8,483 a month would be considered overburdened when renting an apartment at or above the median rent. 32.91% of households who rent are overburdened in Amagansett.

Area Median Income In Amagansett

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Amagansett, the AMI is calculated from all households within Suffolk County.

In Amagansett, HUD calculates the Area Median Income for a family of four as $146,400

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Amagansett

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Amagansett

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Amagansett AMI may qualify for rental assistance programs that target Extremely Low Income households.
$30,550 $34,900 $39,250 $43,600 $47,100 $50,600 $54,100 $57,600
50% AMI Income Limits
Renters earning up to 50% of the Amagansett AMI may qualify for rental assistance programs that target Very Low Income households.
$50,900 $58,150 $65,400 $72,650 $78,500 $84,300 $90,100 $95,900
80% AMI Income Limits
Renters earning up to 80% of the Amagansett AMI may qualify for rental assistance programs that target Low Income households.
$67,450 $77,050 $86,700 $96,300 $104,050 $111,750 $119,450 $127,150