Low Income Apartments In Auburn
Cayuga County, New York

Low Income Apartments In Auburn

Auburn Heights Apartments

Austin Dr
Auburn, NY
Subsidized

Genesee Gardens

114 Genesee Gdns
Auburn, NY
Subsidized

Mercy Apartments

1 Thornton Ave
Auburn, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Northbrook Court Apartments

169 Murray St
Auburn, NY
Subsidized

Stryker Homes Apartments

2 Loop Rd
Auburn, NY
Subsidized

Edward T Boyle Center

149 Genesee St
Auburn, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Elaine Estates

Murray St Ext
Auburn, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Olympia Terrace

101 Olympia Ter
Auburn, NY

Pearce Tract Development

355 Clark St
Auburn, NY
HCV Welcome

Oak Creek Townhomes

1 Quill Ave
Auburn, NY
Subsidized

There are 11 low income housing apartment complexes which contain 776 affordable apartments for rent in Auburn. Many of these rental apartments are income based housing with 734 apartments that set rent based on your income. In Auburn, HUD housing programs support 481 rental assistance apartments through programs like Project-based Section 8. There are 42 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Auburn

Housing Authority Programs
Auburn Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV); Mainstream Voucher

Guide To Affordable Housing in Auburn, New York

Auburn, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 776
Total Rent Assisted Apartments 734
Percentage of Housing Units Occupied By Renters 53.36%
Average Renter Household Size 2.08
Total Population 27,264
Housing Units 11,188
Average Household Size 2.23
Median Household Income $39,438 ±$2,521
Median Rent $654 ±$23
Percentage Of Renters Overburdened 40.97% ± 5.12pp

Population and Household Demographics

Auburn is a City in Cayuga County, New York with a population of 27,264. There are 11,188 households in the city with an average household size of 2.23 persons. 53.36% of households in Auburn are renters.

Income and Rent Overburden in Auburn

The median gross income for households in Auburn is $39,438 a year, or $3,287 a month. The median rent for the city is $654 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Auburn, a household making less than $2,180 a month would be considered overburdened when renting an apartment at or above the median rent. 40.97% of households who rent are overburdened in Auburn.1

Area Median Income In Auburn

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 Auburn, the AMI is calculated from all households within Cayuga County.

In Auburn, HUD calculates the Area Median Income for a family of four as $70,300

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 Auburn

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 Auburn HUD Rental Assistance in Auburn

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,800 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,650 $28,150 $31,650 $35,150 $38,000 $40,800 $43,600 $46,400
80% of Median $39,400 $45,000 $50,650 $56,250 $60,750 $65,250 $69,750 $74,250
Low Income Housing Tax Credits in Auburn

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2000 to 2011, 2 low income apartment communities containing 42 rental apartments have been constructed and made affordable to low income persons in Auburn by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Auburn

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $29,580 $33,780 $37,980 $42,180 $45,600 $48,960 $52,320 $55,680

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Auburn is $37,980 a year, or $3,165 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,165 by 30% to get a maximum rent of $950 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $616 $660 $791 $914 $1,020 $1,125
60% $740 $792 $950 $1,097 $1,224 $1,350
Fair Market Rents in Auburn

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$562 $621 $786 $994 $1,081