Low Income Apartments and Affordable Housing For Rent in Amsterdam, NY

Discover affordable housing in Amsterdam where there are 9+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Mohawk Terrace Apartments

35 Wall St, Amsterdam, New York 12010

Colonial Square I

320 Church St, Amsterdam, New York 12010

Veddersburg Apartments

251 East Main Street, Amsterdam, New York 12010

Wallins Corners Apartments

1287 Midline Rd, Amsterdam, New York 12010

Woodrow Wilson Townhouses

141 Woodrow Rd, Amsterdam, New York 12010

Rivercrest Commons

131 Division St, Amsterdam, New York 12010

Amsterdam Rehabilitation

53 Wall St, Amsterdam, New York 12010

New Amsterdam Apartments

60 Division St, Amsterdam, New York 12010

New Amsterdam Apartments

26 Wall St, Amsterdam, New York 12010

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Amsterdam, New York
$17.31/hour
$2.31 (+15%) more than New York minimum wage and $10.06 (+139%) more than the Federal minimum wage.
Learn More About Amsterdam, New York Affordable Housing ↓

What HUD offices serve Amsterdam, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Amsterdam, New York.

Go to the New York Public Housing and Low-Income Apartments Waiting Lists page for openings near Amsterdam.

How many renters live in Amsterdam, New York?

The City of Amsterdam has 18,244 people living in 7,467 households.

There are 9,316 renters living in 3,812 renter households in this City. Renters make up 51.06 percent of the population living in Amsterdam.

What is the rental market like in Amsterdam, New York?

There are an estimated 9,218 housing units in the Amsterdam area. Of these, 4,053 units are rental homes, making up 44 percent of the housing market. For every renter household in Amsterdam, New York, there are 1 rental units.

What is the vacancy rate for rentals in Amsterdam?

The rental vacancy rate in Amsterdam is 4 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 Amsterdam for each bedroom size?

Occupied Rental Units by Size in Amsterdam
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
73 543 1,613 1,069 335
Occupied Rental Units by Size in Amsterdam

A large number of apartments in Amsterdam 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 Amsterdam are overburdened by housing costs?

Among renter households in this market, 51 percent have housing cost burden. Further, 27 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 Amsterdam

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $745 to $1,251. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $745
One BR $780
Two BR $914
Three BR $1,166
Four BR $1,251
2024 Fair Market Rents in Amsterdam, New York

How many units are rented at Fair Market Rent (FMR) in Amsterdam?

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 0 100 percent
One BR 360 66 percent
Two BR 887 55 percent
Rental Units Below FMR in Amsterdam, New York

How many affordable rental units are in Amsterdam?

There are a variety of federal affordable housing programs serving households in Amsterdam, New York including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 161
Public Housing 70
Section 8 Project-Based Rental Assistance 381
Mod Rehab Project-Based Rental Assistance 6
Section 811 Supportive Housing for Persons with Disabilities 8
Tracked Units by Federal Program in Amsterdam, New York

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Amsterdam, New York

Amsterdam features 575 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 Amsterdam, New York

There are 161 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Amsterdam.

Housing Choice Vouchers in Amsterdam, New York

On average, Section 8 Housing Choice vouchers pay Amsterdam landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Amsterdam.

The maximum amount a voucher would pay on behalf of a low-income tenant in Amsterdam, New York for a two-bedroom apartment is between $823 and $1,005.

Sourced from federal housing data and AffordableHousingOnline.com research.