Low Income Apartments and Affordable Housing For Rent in Cayuga County, NY

Discover affordable housing in Cayuga County where there are 41+ 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.

Olympia Terrace

101 Olympia Ter, Auburn, New York 13021

payment Subsidized

How To Identify Affordable Housing in Cayuga County, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cayuga County, New York
$18.14/hour
$3.14 (+21%) more than New York minimum wage and $10.89 (+150%) more than the Federal minimum wage.
Learn More About Cayuga County, New York Affordable Housing ↓

What HUD offices serve Cayuga County, 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) programs for Cayuga County, New York.

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

How many renters live in Cayuga County, New York?

The County of Cayuga County has people living in households.

There are renters living in renter households in this County. Renters make up 23.12 percent of the population living in Cayuga County.

What is the rental market like in Cayuga County, New York?

There are an estimated housing units in the Cayuga County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cayuga County, New York, there are 1.01 rental units.

What is the vacancy rate for rentals in Cayuga County?

The rental vacancy rate in Cayuga County is 1 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 Cayuga County for each bedroom size?

Occupied Rental Units by Size in Cayuga County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
728 2,364 3,314 2,049 520
Occupied Rental Units by Size in Cayuga County

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

How Much Is Rent in Cayuga County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $728 to $1,409. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $728
One BR $733
Two BR $958
Three BR $1,210
Four BR $1,409
2024 Fair Market Rents in Cayuga County, New York

How many units are rented at Fair Market Rent (FMR) in Cayuga County?

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 272 37 percent
One BR 1,406 59 percent
Two BR 1,947 59 percent
Rental Units Below FMR in Cayuga County, New York

How many affordable rental units are in Cayuga County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Cayuga County, New York

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

Income Based Apartments in Cayuga County, New York

Cayuga County features 668 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 Cayuga County, New York

There are 635 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cayuga County.

Housing Choice Vouchers in Cayuga County, New York

On average, Section 8 Housing Choice vouchers pay Cayuga County landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Cayuga County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cayuga County, New York for a two-bedroom apartment is between $862 and $1,054.

Sourced from federal housing data and AffordableHousingOnline.com research.

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