Low Income Apartments and Affordable Housing For Rent in Franklin County, NY

Discover affordable housing in Franklin County where there are 18+ 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.

The Woodlands

15 Woodland Dr, Tupper Lake, New York 12986

Coville Bay Housing

634 County Route 42, Fort Covington, New York 12937

Blossom Village Apartments

1025 Blossom Rd, Brighton, New York 14610

Valley Ridge Manor

14827 State Route 30, Malone, New York 12953

St Regis Falls Riverfront Apartments

32 N River Rd, Santa Clara, New York 12980

Donald E Smith Apartments

15 Church St, Tupper Lake, New York 12986

Indian Trails Apartments

231 Spring Flower Dr, Malone, New York 12953

The Trails at Malone

166 Falling Leaf Dr, Malone, New York 12953

Malone Apartments

15 L Esperance Ln, Malone, New York 12953

Maple Leaf

30 Uno St, Bangor, New York 12966

Windmill Estates

51 Windmill Ln, Malone, New York 12953

Burchacon Hsg

1 Depot Stret, Burke, New York

Elm Manor Riverside Haven

59 Sawyer Ave, Malone, New York 12953

Malone Phase III

27 Countryside Ln, Malone, New York 12953

Lesperance Housing Project

26 L Esperance Ln, Malone, New York 12953

Tupper Lake Apartments

301 McLaughlin Ave, Tupper Lake, New York 12986

Moira Maple Leaf

Rt 5 And Chandler Rd, Moira, New York 12960

Maple Ridge Apartments

70 Sawyer Ave, Malone, New York 12953

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Franklin County, New York
$17.14/hour
$2.14 (+14%) more than New York minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Franklin County, New York Affordable Housing ↓

How many renters live in Franklin County, New York?

The County of Franklin County has 47,459 people living in 18,933 households.

There are 11,034 renters living in 5,510 renter households in this County. Renters make up 23.25 percent of the population living in Franklin County.

What is the rental market like in Franklin County, New York?

There are an estimated 25,352 housing units in the Franklin County area. Of these, 5,745 units are rental homes, making up 23 percent of the housing market. For every renter household in Franklin County, New York, there are 1 rental units.

What is the vacancy rate for rentals in Franklin County?

The rental vacancy rate in Franklin County 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 Franklin County for each bedroom size?

Occupied Rental Units by Size in Franklin County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
339 1,699 1,700 1,276 413
Occupied Rental Units by Size in Franklin County

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

Among renter households in this market, 39 percent have housing cost burden. Further, 20 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 Franklin County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,310. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $763
Two BR $905
Three BR $1,151
Four BR $1,310
2024 Fair Market Rents in Franklin County, New York

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

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 261 77 percent
One BR 1,120 66 percent
Two BR 938 55 percent
Rental Units Below FMR in Franklin County, New York

How many affordable rental units are in Franklin County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 217
Public Housing 378
Section 8 Project-Based Rental Assistance 164
Section 202 Supportive Housing for the Elderly 1
USDA Section 515 Rural Rental Housing 148
Tracked Units by Federal Program in Franklin County, New York

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

Income Based Apartments in Franklin County, New York

Franklin County features 387 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 Franklin County, New York

There are 172 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Franklin County.

Housing Choice Vouchers in Franklin County, New York

On average, Section 8 Housing Choice vouchers pay Franklin County landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Franklin County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Franklin County, New York for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.