Affordable Housing In Binghamton
Broome County, New York

21 Low Income Apartment Communities In Binghamton

Woodburn Court II

100 Susquehanna St
Binghamton, New York
Call For Rent
1-3 BR
Subsidized

Woodburn Court

21 Exchange St
Binghamton, New York
Call For Rent
1 BR
Subsidized

100 Chenango Place

100 Chenango Pl
Binghamton, New York
Call For Rent
Studio-1 BR
Subsidized

Lincoln Court Apartments

21 New St
Binghamton, New York
Subsidized
62+
Accessible
Elderly Supportive Housing

Metro Plaza Apartments

110 Chenango Pl
Binghamton, New York
Subsidized
62+
Accessible
Elderly Supportive Housing

Broome County

316 Glenwood Rd
Binghamton, New York
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Town and Country Apartments

100 Roberts St
Binghamton, New York
Subsidized

Home Chdo Ofb

92 Carroll St
Binghamton, New York

Carlisle Hill

150 Moeller St
Binghamton, New York

North Shore Towers

45 Exchange St
Binghamton, New York

Section 8 Vouchers, Apartments, and Waiting Lists in Binghamton, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Binghamton, New York

Housing Authority Programs
Binghamton Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Binghamton, New York

There are 21 low income housing apartment communities offering 1,408 affordable apartments for rent in Binghamton, New York.

Income Based Apartments in Binghamton, New York

Binghamton features 1,189 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 Binghamton, New York

There are 219 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Binghamton.

Housing Choice Vouchers in Binghamton, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Binghamton, New York for a two-bedroom apartment is between $770 and $941.

2022 Binghamton, 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
Binghamton, New York Fair Market Rent $634 $668 $855 $1,136 $1,255
Binghamton, New York Payment Standard Range $571 to $697 $601 to $735 $770 to $941 $1,022 to $1,250 $1,130 to $1,381

Sourced from federal housing data and AffordableHousingOnline.com research.

Binghamton, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 21
Total Low Income Apartments 1,408
Total Housing Units with Rental Assistance 1,189
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Binghamton is a city in Broome County, New York with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Binghamton are renters.

Income and Rent Overburden in Binghamton

The median gross income for households in Binghamton is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Binghamton

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 Binghamton, the AMI is calculated from all households within Broome County.

In Binghamton, HUD calculates the Area Median Income for a family of four as $70,800

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 Binghamton

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 Binghamton

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 Binghamton AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,200 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Binghamton AMI may qualify for rental assistance programs that target Very Low Income households.
$25,350 $28,950 $32,550 $36,150 $39,050 $41,950 $44,850 $47,750
80% AMI Income Limits
Renters earning up to 80% of the Binghamton AMI may qualify for rental assistance programs that target Low Income households.
$40,500 $46,300 $52,100 $57,850 $62,500 $67,150 $71,750 $76,400