Low Income Apartments and Affordable Housing For Rent in Great Neck, NY

Discover affordable housing in Great Neck where there are 3+ 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.

Spinney Hill Homes I

35 Pond Hill Rd, Great Neck, New York 11020

bed 1-4
payment $805-2663/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Great Neck Senior Citizens Housing

700 Middle Neck Rd, Great Neck, New York 11023

payment Subsidized

Spinney Hill Homes II

35A Pond Hill Rd, Great Neck, New York 11020

bed 1-3
payment $1010-2385/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Great Neck, 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 Great Neck, 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 Great Neck, New York Affordable Housing ↓

What HUD offices serve Great Neck, 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 Public Housing programs for Great Neck, New York.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Section 8 Project-Based Voucher (PBV) programs for Great Neck, New York.

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

How many renters live in Great Neck, New York?

The City of Great Neck has people living in households.

There are renters living in renter households in this City. Renters make up 29.89 percent of the population living in Great Neck.

What is the rental market like in Great Neck, New York?

There are an estimated housing units in the Great Neck area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Great Neck, New York, there are 1.11 rental units.

What is the vacancy rate for rentals in Great Neck?

The rental vacancy rate in Great Neck is 10 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 Great Neck for each bedroom size?

Occupied Rental Units by Size in Great Neck
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 241 236 260 117
Occupied Rental Units by Size in Great Neck

A large number of apartments in Great Neck 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 Great Neck

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 Great Neck, New York

How many units are rented at Fair Market Rent (FMR) in Great Neck?

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 75 31 percent
Two BR 24 10 percent
Rental Units Below FMR in Great Neck, New York

How many affordable rental units are in Great Neck?

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

Federal Program Unit Count
Public Housing
Tracked Units by Federal Program in Great Neck, New York

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

Income Based Apartments in Great Neck, New York

Great Neck features 75 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 Great Neck, New York

There are 102 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Great Neck.

Housing Choice Vouchers in Great Neck, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Great Neck, 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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