How many renters live in Hudson Falls, New York?
The City of Hudson Falls has people living in households.
There are renters living in renter households in this City. Renters make up 32.41 percent of the population living in Hudson Falls.
What is the rental market like in Hudson Falls, New York?
There are an estimated housing units in the Hudson Falls area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hudson Falls, New York, there are 1.02 rental units.
What is the vacancy rate for rentals in Hudson Falls?
The rental vacancy rate in Hudson Falls is 2 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 Hudson Falls for each bedroom size?
Occupied Rental Units by Size in Hudson Falls
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 33 | 775 | 474 | 218 | 21 |
Occupied Rental Units by Size in Hudson Falls
A large number of apartments in Hudson Falls 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 Hudson Falls
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $939 to $1,710. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $939 |
| One BR | $1,025 |
| Two BR | $1,284 |
| Three BR | $1,662 |
| Four BR | $1,710 |
2024 Fair Market Rents in Hudson Falls, New York
How many units are rented at Fair Market Rent (FMR) in Hudson Falls?
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 |
| Studio | 25 | 76 percent |
| One BR | 739 | 95 percent |
| Two BR | 339 | 72 percent |
Rental Units Below FMR in Hudson Falls, New York
How many affordable rental units are in Hudson Falls?
There are a variety of federal affordable housing programs serving households in Hudson Falls, New York including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Hudson Falls, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Hudson Falls, New York
Hudson Falls features 81 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 Hudson Falls, New York
There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hudson Falls.
Housing Choice Vouchers in Hudson Falls, New York
On average, Section 8 Housing Choice vouchers pay Hudson Falls landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Hudson Falls.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hudson Falls, New York for a two-bedroom apartment is between $1,156 and $1,412.
Sourced from federal housing data and AffordableHousingOnline.com research.