Affordable Housing In Cortland County
New York

9 Low Income Apartment Communities In Cortland County

Northcliffe Apartments

10 Northcliffe Road
Cortland, NY
Income Based
1-2 BR
Subsidized

Friendship House

13 Leon Ave
Cortland, NY
Subsidized

Port Watson

51 Port Watson St
Cortland, NY

Port Watson Commons

124 Port Watson St
Cortland, NY
HCV Welcome

State of New York

18 Maple Ave
Cortland, NY
HCV Welcome

Cortland

17 River St
Homer, NY

Ellis Pines Senior Apartments

45 Cortland St
Homer, NY
Subsidized

Cortland Crown Homes

148 Main St
Cortland, NY
HCV Welcome

Pomeroy School Renovation

47 Pomeroy St
Cortland, NY
HCV Welcome
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Housing Authorities that serve Cortland County

Housing Authority Programs
Cortland Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Cortland County, New York

According to federal housing data and AffordableHousingOnline.com research, there are 9 low income housing apartment communities offering 708 affordable apartments for rent in Cortland County, New York. Cortland County features 563 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 145 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Cortland County.

Cortland County, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 708
Total Housing Units with Rental Assistance 563
Percentage of Housing Units Occupied By Renters 34.27%
Average Renter Household Size 2.27
Average Household Size 2.54
Median Household Income $49,514 ±$1,892
Median Rent $684 ±$20
Percentage Of Renters Overburdened 41.14% ± 4.78pp
Total Population 49,043

Population and Household Demographics

Cortland County is a County in New York with a population of 49,043. There are 17,935 households in the county with an average household size of 2.54 persons. 34.27% of households in Cortland County are renters.

Income and Rent Overburden in Cortland County

The median gross income for households in Cortland County is $49,514 a year, or $4,126 a month. The median rent for the county is $684 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cortland County, a household making less than $2,280 a month would be considered overburdened when renting an apartment at or above the median rent. 41.14% of households who rent are overburdened in Cortland County.1

Area Median Income In Cortland County

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.

In Cortland County, HUD calculates the Area Median Income for a family of four as $70,600

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 Cortland County

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 Cortland County HUD Rental Assistance in Cortland County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,850 $17,000 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,750 $28,250 $31,800 $35,300 $38,150 $40,950 $43,800 $46,600
80% of Median $39,550 $45,200 $50,850 $56,500 $61,050 $65,550 $70,100 $74,600
Low Income Housing Tax Credits in Cortland County

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

From 1991 to 2008, 5 low income apartment communities containing 255 rental apartments have been constructed and made affordable to low income persons in Cortland County 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 Cortland County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,750 $28,250 $31,800 $35,300 $38,150 $40,950 $43,800 $46,600
60% of Median $29,700 $33,900 $38,160 $42,360 $45,780 $49,140 $52,560 $55,920

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 Cortland County is $38,160 a year, or $3,180 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,180 by 30% to get a maximum rent of $954 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% $619 $663 $795 $918 $1,024 $1,130
60% $743 $795 $954 $1,102 $1,229 $1,356
Fair Market Rents in Cortland County

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
$666 $717 $849 $1,070 $1,199

Cities In Cortland County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Cortlandville 0 The HUD funded Public Housing Agency that serves Cortlandville is the Cortland Housing Authority.
Cortland 7 The HUD funded Public Housing Agency that serves Cortland is the Cortland Housing Authority.
Harford 0 The HUD funded Public Housing Agency that serves Harford is the Cortland Housing Authority.
Cincinnatus 0 The HUD funded Public Housing Agency that serves Cincinnatus is the Cortland Housing Authority.
Homer 2 The HUD funded Public Housing Agency that serves Homer is the Cortland Housing Authority.
Blodgett Mills 0 The HUD funded Public Housing Agency that serves Blodgett Mills is the Cortland Housing Authority.
Cortland West 0 The HUD funded Public Housing Agency that serves Cortland West is the Cortland Housing Authority.
Cuyler 0 The HUD funded Public Housing Agency that serves Cuyler is the Cortland Housing Authority.
Freetown 0 The HUD funded Public Housing Agency that serves Freetown is the Cortland Housing Authority.
Lapeer 0 The HUD funded Public Housing Agency that serves Lapeer is the Cortland Housing Authority.
McGraw 0 The HUD funded Public Housing Agency that serves McGraw is the Cortland Housing Authority.
Marathon 0 The HUD funded Public Housing Agency that serves Marathon is the Cortland Housing Authority.
Munsons Corners 0 The HUD funded Public Housing Agency that serves Munsons Corners is the Cortland Housing Authority.
Preble 0 The HUD funded Public Housing Agency that serves Preble is the Cortland Housing Authority.
Scott 0 The HUD funded Public Housing Agency that serves Scott is the Cortland Housing Authority.
Solon 0 The HUD funded Public Housing Agency that serves Solon is the Cortland Housing Authority.
Taylor 0 The HUD funded Public Housing Agency that serves Taylor is the Cortland Housing Authority.
Truxton 0 The HUD funded Public Housing Agency that serves Truxton is the Cortland Housing Authority.
Virgil 0 The HUD funded Public Housing Agency that serves Virgil is the Cortland Housing Authority.
Willet 0 The HUD funded Public Housing Agency that serves Willet is the Cortland Housing Authority.