Affordable Housing In East Glenville
Schenectady County, New York

Guide To Affordable Housing in East Glenville, New York

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in East Glenville, New York. East Glenville features 0 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in East Glenville.

Sourced from federal housing data and research.

East Glenville, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 23.37%
Average Renter Household Size 1.75
Average Household Size 2.60
Median Household Income $72,295 ±$8,895
Median Rent $914 ±$169
Percentage Of Renters Overburdened 49.74% ± 15.74pp
Total Population 6,621

Population and Household Demographics

East Glenville is a City in Schenectady County, New York with a population of 6,621. There are 2,460 households in the city with an average household size of 2.60 persons. 23.37% of households in East Glenville are renters.

Income and Rent Overburden in East Glenville

The median gross income for households in East Glenville is $72,295 a year, or $6,025 a month. The median rent for the city is $914 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In East Glenville, a household making less than $3,047 a month would be considered overburdened when renting an apartment at or above the median rent. 49.74% of households who rent are overburdened in East Glenville.1

Area Median Income In East Glenville

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 East Glenville, the AMI is calculated from all households within Schenectady County.

In East Glenville, HUD calculates the Area Median Income for a family of four as $89,900

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 East Glenville

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 East Glenville HUD Rental Assistance in East Glenville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,900 $21,600 $24,300 $26,950 $30,170 $34,590 $39,010 $43,430
50% of Median $31,500 $36,000 $40,500 $44,950 $48,550 $52,150 $55,750 $59,350
80% of Median $50,350 $57,550 $64,750 $71,900 $77,700 $83,450 $89,200 $94,950
Fair Market Rents in East Glenville

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
$747 $855 $1,054 $1,313 $1,428