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.

1921 Cortelyou Road

1921 Cortelyou Road, New York City, New York 11226

bed Studio-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Debevoise Senior Apts

40 Debevoise Street, New York City, New York 11211

bed Studio-1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Lee Goodwin Residence

1950 Prospect Ave, New York City, New York 10457

bed Studio-1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Corona Senior Residence

54-17 101st Street, New York City, New York 11368

bed Studio-1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Lynn's Place

1060 Rev James A Polite Avenue, New York City, New York 10459

bed Studio-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Markham Gardens

Richmond Terrace, New York City, New York 10310

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Grote Street

2311 Southern Blvd, New York City, New York 10460

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Lee

133 Pitt St, New York City, New York 10002

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

State Renaissance Court

200 Schermerhorn St, New York City, New York 11201

bed 2
switch_access_shortcut Short Wait
accessibility Accessible

Albany Crossings Apartments, Lp

7 Albany Ave, New York City, New York 11216

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Kingston Heights Apartments

305 Decatur St, New York City, New York 11213

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

David Chavis Apartments

230 Kingston Ave, New York City, New York 11213

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Casabe Housing for the Elderly

150 E 121st St, New York City, New York 10035

switch_access_shortcut Short Wait
accessibility Accessible

Impac Houses

1428 5th Ave, New York City, New York 10035

payment Subsidized
accessibility Accessible

Jennings Hall Senior Citizens Housing

260 Powers St, New York City, New York 11211

switch_access_shortcut Short Wait
accessibility Accessible

West 135th Street Apartments

107 W 135th St, New York City, New York 10030

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Monsignor Vetro Hall

320 Devoe St, New York City, New York 11211

switch_access_shortcut Short Wait
accessibility Accessible

Grace Towers

2060 Pitkin Avenue, New York City, New York 11207

payment Subsidized
accessibility Accessible

Henry Phipps Plaza South

330 E 26th St, New York City, New York 10010

payment Subsidized
accessibility Accessible

Logan Gardens

450 W 131st St, New York City, New York 10027

switch_access_shortcut Short Wait
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,
calendar_month

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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