Low Income Apartments and Affordable Housing For Rent in Brasher Falls, NY

Discover affordable housing in Brasher Falls where there are 1+ 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.

4th Senior Housing

32 Church St S, Brasher Falls, New York 13613

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Brasher Falls, New York
$17.80/hour
$2.80 (+19%) more than New York minimum wage and $10.55 (+146%) more than the Federal minimum wage.
Learn More About Brasher Falls, New York Affordable Housing ↓

What HUD offices serve Brasher Falls, 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), Homeownership Voucher, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Brasher Falls, New York.

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

How many renters live in Brasher Falls, New York?

The City of Brasher Falls has 510 people living in 256 households.

There are 176 renters living in 147 renter households in this City. Renters make up 34.51 percent of the population living in Brasher Falls.

What is the rental market like in Brasher Falls, New York?

There are an estimated 261 housing units in the Brasher Falls area. Of these, 147 units are rental homes, making up 56 percent of the housing market. For every renter household in Brasher Falls, New York, there are 1 rental units.

What is the vacancy rate for rentals in Brasher Falls?

The rental vacancy rate in Brasher Falls is 0 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 Brasher Falls for each bedroom size?

Occupied Rental Units by Size in Brasher Falls
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 72 26 42 0
Occupied Rental Units by Size in Brasher Falls

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

Among renter households in this market, 67 percent have housing cost burden. Further, 50 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 Brasher Falls

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $661 to $1,252. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $661
One BR $763
Two BR $940
Three BR $1,152
Four BR $1,252
2024 Fair Market Rents in Brasher Falls, New York

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

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 7 100 percent
One BR 35 49 percent
Two BR 7 27 percent
Rental Units Below FMR in Brasher Falls, New York

How many affordable rental units are in Brasher Falls?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 40
USDA Section 515 Rural Rental Housing 60
Tracked Units by Federal Program in Brasher Falls, New York

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

Income Based Apartments in Brasher Falls, New York

Brasher Falls features 60 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 Brasher Falls, New York

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

Housing Choice Vouchers in Brasher Falls, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Brasher Falls, New York for a two-bedroom apartment is between $846 and $1,034.

Sourced from federal housing data and AffordableHousingOnline.com research.