Low Income Apartments and Affordable Housing For Rent in New York City, NY

Discover affordable housing in New York City where there are 750+ 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.

Riverdale Osborne Towers

345 Thatford Ave, New York City, New York 11212

payment Subsidized

Union Development

1615 Union St, New York City, New York 11213

payment Subsidized

Union Gardens I

1692 Union St, New York City, New York 11213

payment Subsidized

Ujc Bialystoker Synagogue Houses

15 Willett St, New York City, New York 10002

payment Subsidized

Sheridan Hill House

1413 Sheridan Ave, New York City, New York 10456

payment Subsidized
accessibility Accessible
accessible_forward Disability

Our Lady of Mercy Senior Housing

4168 Carpenter Ave, New York City, New York 10466

payment Subsidized
elderly Senior
accessibility Accessible

Council Towers III

1170 Pennsylvania Ave, New York City, New York 11239

payment Subsidized
elderly Senior
accessibility Accessible

Council Towers IV

1180 Pennsylvania Ave, New York City, New York 11239

payment Subsidized
elderly Senior
accessibility Accessible

Joseph Yancey Houses

140 W 142nd St, New York City, New York 10030

payment Subsidized
elderly Senior
accessibility Accessible

Greene Clermont Houses

80 Greene Ave, New York City, New York 11238

payment Subsidized

Mvp Housing

2260 Barker Ave, New York City, New York 10467

payment Subsidized
elderly Senior
accessibility Accessible

Alliance Apartments for the Elderly

174 Avenue a, New York City, New York 10009

payment Subsidized
elderly Senior
accessibility Accessible

Harry and Jeanette Weinberg Gardens

2552 Webb Ave, New York City, New York 10468

payment Subsidized
elderly Senior
accessibility Accessible

738 St Mark Rehab

738 Saint Marks Ave, New York City, New York 11216

payment Subsidized

Union Street Houses

1690 Union St, New York City, New York 11213

payment Subsidized

Casita Park Housing for the Elderly

100 E 112th St, New York City, New York 10029

payment Subsidized
elderly Senior
accessibility Accessible

Tri - Block Houses

221 Ashland Pl, New York City, New York 11217

payment Subsidized

Grant Development

1350 Bedford Ave, New York City, New York 11216

payment Subsidized

Tweemill House

143 E 126th St, New York City, New York 10035

payment Subsidized

Riverdale Elderly Housing

6471 Broadway, New York City, New York 10471

payment Subsidized
elderly Senior
accessibility Accessible

How To Identify Affordable Housing in New York City, New York

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Jun 8
calendar_today Closes: Jun 8,
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Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In New York City, New York
$52.12/hour
$37.12 (+247%) more than New York minimum wage and $44.87 (+619%) more than the Federal minimum wage.
Learn More About New York City, New York Affordable Housing ↓

What HUD offices serve New York City, 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), Public Housing, Veteran Affairs Supportive Housing (VASH), Mainstream Voucher programs for New York City, New York.
Operates the Section 8 Housing Choice Voucher (HCV) programs for New York City, New York.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Homeownership programs for New York City, New York.

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

How many renters live in New York City, New York?

The City of New York City has people living in households.

There are renters living in renter households in this City. Renters make up 62.18 percent of the population living in New York City.

What is the rental market like in New York City, New York?

There are an estimated housing units in the New York City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in New York City, New York, there are 1.04 rental units.

What is the vacancy rate for rentals in New York City?

The rental vacancy rate in New York City is 3 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 New York City for each bedroom size?

Occupied Rental Units by Size in New York City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
286,622 794,954 760,473 361,963 55,804
Occupied Rental Units by Size in New York City

A large number of apartments in New York City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many units are rented at Fair Market Rent (FMR) in New York City?

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 132,924 46 percent
One BR 344,459 43 percent
Two BR 289,949 38 percent
Rental Units Below FMR in New York City, New York

How many affordable rental units are in New York City?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 236 Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in New York City, New York

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

Income Based Apartments in New York City, New York

New York City features 253,616 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 New York City, New York

There are 148,807 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New York City.

Housing Choice Vouchers in New York City, New York

On average, Section 8 Housing Choice vouchers pay New York City landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in New York City.

The maximum amount a voucher would pay on behalf of a low-income tenant in New York City, New York for a two-bedroom apartment is between $2,477 and $3,027.

Sourced from federal housing data and AffordableHousingOnline.com research.

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