How many renters live in Copenhagen, New York?
The City of Copenhagen has 723 people living in 318 households.
There are 260 renters living in 130 renter households in this City. Renters make up 35.96 percent of the population living in Copenhagen.
What is the rental market like in Copenhagen, New York?
There are an estimated 374 housing units in the Copenhagen area. Of these, 130 units are rental homes, making up 35 percent of the housing market. For every renter household in Copenhagen, New York, there are 1 rental units.
What is the vacancy rate for rentals in Copenhagen?
The rental vacancy rate in Copenhagen is 0 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 Copenhagen for each bedroom size?
Occupied Rental Units by Size in Copenhagen
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 9 | 30 | 59 | 14 | 12 |
Occupied Rental Units by Size in Copenhagen
A large number of apartments in Copenhagen have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Copenhagen are overburdened by housing costs?
Among renter households in this market, 43 percent have housing cost burden. Further, 18 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Copenhagen
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $693 to $1,453. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $693 |
| One BR | $707 |
| Two BR | $905 |
| Three BR | $1,160 |
| Four BR | $1,453 |
2024 Fair Market Rents in Copenhagen, New York
How many units are rented at Fair Market Rent (FMR) in Copenhagen?
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 | 7 | 78 percent |
| One BR | 22 | 73 percent |
| Two BR | 9 | 15 percent |
Rental Units Below FMR in Copenhagen, New York
How many affordable rental units are in Copenhagen?
There are a variety of federal affordable housing programs serving households in Copenhagen, New York including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 15 |
Tracked Units by Federal Program in Copenhagen, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Copenhagen, New York
Copenhagen features 0 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 Copenhagen, New York
There are 15 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Copenhagen.
Housing Choice Vouchers in Copenhagen, New York
On average, Section 8 Housing Choice vouchers pay Copenhagen landlords $1,000 per month towards rent. The average voucher holder contributes $300 towards rent in Copenhagen.
The maximum amount a voucher would pay on behalf of a low-income tenant in Copenhagen, New York for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.
