Low Income Apartments and Affordable Housing For Rent in Floral Park, NY

Discover affordable housing in Floral Park where there are 2+ 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.

247-02 Jericho Turnpike Unit 1R

247-02 Jericho Turnpike Unit 1R, Floral Park, New York 11001

bed 2
payment $2150/mo.

St Hedwigs Gardens

8 Linden Ave, Floral Park, New York 11001

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Floral Park, 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 Floral Park, New York
$47.50/hour
$32.50 (+217%) more than New York minimum wage and $40.25 (+555%) more than the Federal minimum wage.
Learn More About Floral Park, New York Affordable Housing ↓

What HUD offices serve Floral Park, 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), Homeownership Voucher, Section 8 Project-Based Voucher (PBV) programs for Floral Park, New York.

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

How many renters live in Floral Park, New York?

The City of Floral Park has people living in households.

There are renters living in renter households in this City. Renters make up 10.31 percent of the population living in Floral Park.

What is the rental market like in Floral Park, New York?

There are an estimated housing units in the Floral Park area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Floral Park, New York, there are 1.1 rental units.

What is the vacancy rate for rentals in Floral Park?

The rental vacancy rate in Floral Park is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Floral Park for each bedroom size?

Occupied Rental Units by Size in Floral Park
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 279 213 182 35
Occupied Rental Units by Size in Floral Park

A large number of apartments in Floral Park 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 Floral Park

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,708 to $3,521. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,708
One BR $2,144
Two BR $2,508
Three BR $3,246
Four BR $3,521
2024 Fair Market Rents in Floral Park, New York

How many units are rented at Fair Market Rent (FMR) in Floral Park?

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
One BR 79 28 percent
Two BR 20 9 percent
Rental Units Below FMR in Floral Park, New York

How many affordable rental units are in Floral Park?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Floral Park, New York

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

Income Based Apartments in Floral Park, New York

Floral Park 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 Floral Park, New York

There are 4 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Floral Park.

Housing Choice Vouchers in Floral Park, New York

On average, Section 8 Housing Choice vouchers pay Floral Park landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Floral Park.

The maximum amount a voucher would pay on behalf of a low-income tenant in Floral Park, New York for a two-bedroom apartment is between $2,257 and $2,759.

Sourced from federal housing data and AffordableHousingOnline.com research.

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