Affordable Housing In Bronx County
1,651 Low Income Apartment Communities In Bronx County
Housing Authorities that serve Bronx County
|New York State Homes and Community Renewal||Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Homeownership|
|New York City Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Other Housing Authorities located in Bronx County
|New York State Housing Finance Agency||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Bronx County, New York
There are 1,651 low income housing apartment communities offering 254,714 affordable apartments for rent in Bronx County, New York. Bronx County features 166,415 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 87,618 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Bronx County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Bronx County, NY Affordable Housing Snapshot
|Total Affordable Apartment Properties||1,651|
|Total Low Income Apartments||254,714|
|Total Housing Units with Rental Assistance||166,415|
|Percentage of Housing Units Occupied By Renters||81.03%|
|Average Renter Household Size||2.81|
|Average Household Size||2.86|
|Median Household Income||$34,299 ±$495|
|Median Rent||$1,074 ±$5|
|Percentage Of Renters Overburdened||57.97% ± 0.71pp|
Population and Household Demographics
Bronx County is a County in New York with a population of 1,428,357. There are 484,902 households in the county with an average household size of 2.86 persons. 81.03% of households in Bronx County are renters.
Income and Rent Overburden in Bronx County
The median gross income for households in Bronx County is $34,299 a year, or $2,858 a month. The median rent for the county is $1,074 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bronx County, a household making less than $3,580 a month would be considered overburdened when renting an apartment at or above the median rent. 57.97% of households who rent are overburdened in Bronx County.1
Area Median Income In Bronx County
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.
In Bronx County, HUD calculates the Area Median Income for a family of four as $75,500
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 Bronx County
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 Bronx County HUD Rental Assistance in Bronx County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$22,400||$25,600||$28,800||$32,000||$34,600||$37,150||$39,700||$43,430|
|50% of Median||$37,350||$42,700||$48,050||$53,350||$57,650||$61,900||$66,200||$70,450|
|80% of Median||$59,750||$68,300||$76,850||$85,350||$92,200||$99,050||$105,850||$112,700|
Fair Market Rents in Bronx County
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.
2020 Fair Market Rents
|Studio||One BR||Two BR||Three BR||Four BR|
Cities In Bronx County
Select A City to View its Apartment Communities and Waiting Lists.
|New York City||2,471||The HUD funded Public Housing Agencies that serve New York City are the New York City Deptartment of Housing Preservation and Development, New York State Homes and Community Renewal and New York City Housing Authority.|
|New York||4||The HUD funded Public Housing Agency that serves New York is the New York State Homes and Community Renewal.|
|Bronx||17||The HUD funded Public Housing Agencies that serve Bronx are the New York City Housing Authority and New York State Homes and Community Renewal.|