Affordable Housing In Herkimer County
19 Low Income Apartment Communities In Herkimer County
Guide To Affordable Housing in Herkimer County, New York
There are 19 low income housing apartment communities offering 776 affordable apartments for rent in Herkimer County, New York.
Income Based Apartments in Herkimer County, New York
Herkimer County features 572 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 Herkimer County, New York
There are 204 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Herkimer County.
Housing Choice Vouchers in Herkimer County, New York
On average, Section 8 Housing Choice vouchers pay Herkimer County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Herkimer County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Herkimer County, New York for a two-bedroom apartment is between $777 and $949.
2022 Herkimer County, New York Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Herkimer County, New York Fair Market Rent||$676||$680||$863||$1,067||$1,238|
|Herkimer County, New York Payment Standard Range||$608 to $744||$612 to $748||$777 to $949||$960 to $1,174||$1,114 to $1,362|
Sourced from federal housing data and AffordableHousingOnline.com research.
Herkimer County, NY Affordable Housing Snapshot
|Total Affordable Apartment Properties||19|
|Total Low Income Apartments||776|
|Total Housing Units with Rental Assistance||572|
|Percentage of Housing Units Occupied By Renters||28.99%|
|Average Renter Household Size||2.16|
|Average Household Size||2.40|
|Median Household Income||$46,229 ±$1,711|
|Median Rent||$623 ±$19|
|Percentage Of Renters Overburdened||40.85% ± 3.62pp|
Population and Household Demographics
Herkimer County is a county in New York with a population of 64,034. There are 26,130 households in the county with an average household size of 2.40 persons. 28.99% of households in Herkimer County are renters.
Income and Rent Overburden in Herkimer County
The median gross income for households in Herkimer County is $46,229 a year, or $3,852 a month. The median rent for the county is $623 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Herkimer County, a household making less than $2,077 a month would be considered overburdened when renting an apartment at or above the median rent. 40.85% of households who rent are overburdened in Herkimer County.
Area Median Income In Herkimer 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 Herkimer County, HUD calculates the Area Median Income for a family of four as $72,400
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 Herkimer 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 HUD Rental Assistance in Herkimer County
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Herkimer County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Herkimer County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Herkimer County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Herkimer County
Select A City to View its Apartment Communities and Waiting Lists.
|Cold Brook||The HUD funded Public Housing Agency that serves Cold Brook is the Ilion Housing Authority.|
|Frankfort||The HUD funded Public Housing Agency that serves Frankfort is the Ilion Housing Authority.|
|Herkimer||The HUD funded Public Housing Agency that serves Herkimer is the Herkimer Housing Authority.|
|Ilion||The HUD funded Public Housing Agency that serves Ilion is the Ilion Housing Authority.|
|Little Falls||The HUD funded Public Housing Agency that serves Little Falls is the Little Falls Housing Authority.|
|Mohawk||The HUD funded Public Housing Agency that serves Mohawk is the Ilion Housing Authority.|
|Newport||The HUD funded Public Housing Agency that serves Newport is the Ilion Housing Authority.|
|Poland||The HUD funded Public Housing Agency that serves Poland is the Ilion Housing Authority.|