Affordable Housing In Buffalo
Erie County, New York

131 Low Income Apartment Communities In Buffalo

Mariner Towers

186 Efner Street
Buffalo, NY
Call For Rent
1-3 BR
HCV Welcome
Subsidized

Affinity Sutton Place

113 Travers Blvd
Buffalo, NY
$750-1,055
1-3 BR
Subsidized

Hertel Park Senior Residences

1607 Hertel Ave
Buffalo, NY
Call For Rent
1-2 BR
HCV Welcome
Subsidized

Holling Homes

1 Holling Drive
Buffalo, NY
Call For Rent
1 BR

Jasper Parrish

77 Jasper Parrish Dr
Buffalo, NY

Kelly Gardens

110 Cornwall Street
Buffalo, NY

Frederick Douglass Towers

515 Clinton St
Buffalo, NY

Kenfield Homes

35 Tower Street
Buffalo, NY

Santa Maria Towers

255 Connecticut St
Buffalo, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Housing Authorities that serve Buffalo

Housing Authority Programs
Buffalo Municipal Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Town of Amherst Section 8 Housing Choice Voucher (HCV)
City of North Tonawanda Section 8 Housing Choice Voucher (HCV)
Buffalo Municipal Housing Authority Section 8 Housing Choice Voucher (HCV)
Rental Assistance Corporation of Buffalo Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Buffalo, New York

According to federal housing data and AffordableHousingOnline.com research, there are 131 low income housing apartment communities offering 12,822 affordable apartments for rent in Buffalo, New York. Buffalo features 8,145 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 4,677 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Buffalo.

Buffalo, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 131
Total Low Income Apartments 12,822
Total Housing Units with Rental Assistance 8,145
Percentage of Housing Units Occupied By Renters 58.5%
Average Renter Household Size 2.20
Average Household Size 2.27
Median Household Income $31,918 ±$678
Median Rent $699 ±$8
Percentage Of Renters Overburdened 51.64% ± 1.62pp
Total Population 259,517

Population and Household Demographics

Buffalo is a City in Erie County, New York with a population of 259,517. There are 110,549 households in the city with an average household size of 2.27 persons. 58.5% of households in Buffalo are renters.

Income and Rent Overburden in Buffalo

The median gross income for households in Buffalo is $31,918 a year, or $2,660 a month. The median rent for the city is $699 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Buffalo, a household making less than $2,330 a month would be considered overburdened when renting an apartment at or above the median rent. 51.64% of households who rent are overburdened in Buffalo.1

Area Median Income In Buffalo

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Buffalo, the AMI is calculated from all households within Erie County.

In Buffalo, HUD calculates the Area Median Income for a family of four as $76,900

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 Buffalo

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 Buffalo HUD Rental Assistance in Buffalo

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,150 $18,450 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,950 $30,800 $34,650 $38,450 $41,550 $44,650 $47,700 $50,800
80% of Median $43,050 $49,200 $55,350 $61,500 $66,450 $71,350 $76,300 $81,200
Low Income Housing Tax Credits in Buffalo

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1993 to 2012, 42 low income apartment communities containing 3,677 rental apartments have been constructed and made affordable to low income persons in Buffalo by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Buffalo

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $26,950 $30,800 $34,650 $38,450 $41,550 $44,650 $47,700 $50,800
60% of Median $32,340 $36,960 $41,580 $46,140 $49,860 $53,580 $57,240 $60,960

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Buffalo is $41,580 a year, or $3,465 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,465 by 30% to get a maximum rent of $1,040 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $674 $722 $866 $1,000 $1,116 $1,231
60% $809 $866 $1,040 $1,200 $1,340 $1,478
Fair Market Rents in Buffalo

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
$674 $703 $843 $1,051 $1,190