Low Income Apartments In Glen Cove
Nassau County,
New York
Low Income Apartments In Glen Cove
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There are 3 low income housing apartment complexes which contain 357 affordable apartments for rent in Glen Cove, New York. Many of these rental apartments are income based housing with about 357 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 115 Project-Based Section 8 subsidized apartments in Glen Cove. There are 0 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.
Housing Authorities that serve Glen Cove
Housing Authority | Programs |
---|---|
Glen Cove Public Housing Authority | Public Housing |
Glen Cove Community Development Agency | Section 8 Housing Choice Voucher |
Guide To Affordable Housing in Glen Cove, New York
Glen Cove, NY Affordable Housing Snapshot
Total Affordable Apartment Properties | 3 |
---|---|
Total Low Income Apartments | 357 |
Total Rent Assisted Apartments | 357 |
Percentage of Housing Units Occupied By Renters | 48.7% |
Average Renter Household Size | 2.93 |
Total Population | 27,245 |
Housing Units | 9,513 |
Average Household Size | 2.79 |
Median Household Income | $68,362 ±$4,441 |
Median Rent | $1,683 ±$77 |
Percentage Of Renters Overburdened | 58.17% ± 7.51pp |
Population and Household Demographics
Glen Cove is a City in Nassau County, New York with a population of 27,245. There are 9,513 households in the city with an average household size of 2.79 persons. 48.7% of households in Glen Cove are renters.
Income and Rent Overburden in Glen Cove
The median gross income for households in Glen Cove is $68,362 a year, or $5,697 a month. The median rent for the city is $1,683 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Glen Cove, a household making less than $5,610 a month would be considered overburdened when renting an apartment at or above the median rent. 58.17% of households who rent are overburdened in Glen Cove.1
Fair Market Rents in Glen Cove
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.
2019 Fair Market Rents
Studio | One BR | Two BR | Three BR | Four BR |
---|---|---|---|---|
$1,240 | $1,548 | $1,907 | $2,460 | $2,756 |