What HUD offices serve Hopewell Junction, 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.
Go to the New York Public Housing and Low-Income Apartments Waiting Lists page for openings near Hopewell Junction.
How many renters live in Hopewell Junction, New York?
The City of Hopewell Junction has people living in households.
There are renters living in renter households in this City. Renters make up 15.41 percent of the population living in Hopewell Junction.
What is the rental market like in Hopewell Junction, New York?
There are an estimated housing units in the Hopewell Junction area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hopewell Junction, New York, there are 1 rental units.
What is the vacancy rate for rentals in Hopewell Junction?
The rental vacancy rate in Hopewell Junction is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Hopewell Junction for each bedroom size?
Occupied Rental Units by Size in Hopewell Junction
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 9 | 66 | 10 | 0 |
Occupied Rental Units by Size in Hopewell Junction
A large number of apartments in Hopewell Junction 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 Hopewell Junction
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,237 to $2,560. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,237 |
| One BR | $1,419 |
| Two BR | $1,825 |
| Three BR | $2,315 |
| Four BR | $2,560 |
2024 Fair Market Rents in Hopewell Junction, New York
How many units are rented at Fair Market Rent (FMR) in Hopewell Junction?
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 | 9 | 100 percent |
| Two BR | 58 | 88 percent |
Rental Units Below FMR in Hopewell Junction, New York
How many affordable rental units are in Hopewell Junction?
Income Based Apartments in Hopewell Junction, New York
Hopewell Junction 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 Hopewell Junction, New York
There are 89 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hopewell Junction.
Housing Choice Vouchers in Hopewell Junction, New York
On average, Section 8 Housing Choice vouchers pay Hopewell Junction landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Hopewell Junction.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hopewell Junction, New York for a two-bedroom apartment is between $1,643 and $2,008.
Sourced from federal housing data and AffordableHousingOnline.com research.