Low Income Apartments and Affordable Housing For Rent in Islip, NY

Discover affordable housing in Islip 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.

Bayshore Senior Resudence

28 Park Ave, Islip, New York 11706

Pollack Gardens

191 Main St, Islip, New York 11751

Smith Avenue

Smith Ave, Islip, New York 11751

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Islip, 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 Islip, New York Affordable Housing ↓

What HUD offices serve Islip, 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 Section 8 Housing Choice Voucher (HCV), Public Housing programs for Islip, New York.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Islip, New York.

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

How many renters live in Islip, New York?

The City of Islip has 17,284 people living in 6,137 households.

There are 2,085 renters living in 909 renter households in this City. Renters make up 12.06 percent of the population living in Islip.

What is the rental market like in Islip, New York?

There are an estimated 6,471 housing units in the Islip area. Of these, 982 units are rental homes, making up 15 percent of the housing market. For every renter household in Islip, New York, there are 1 rental units.

What is the vacancy rate for rentals in Islip?

The rental vacancy rate in Islip is 7 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 Islip for each bedroom size?

Occupied Rental Units by Size in Islip
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
81 211 399 100 104
Occupied Rental Units by Size in Islip

A large number of apartments in Islip have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Islip are overburdened by housing costs?

Among renter households in this market, 62 percent have housing cost burden. Further, 50 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Islip

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 Islip, New York

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

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 0 100 percent
One BR 0 100 percent
Two BR 63 16 percent
Rental Units Below FMR in Islip, New York

How many affordable rental units are in Islip?

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

Federal Program Unit Count
Low Income Housing Tax Credit 50
Section 202 Supportive Housing for the Elderly 1
Section 811 Supportive Housing for Persons with Disabilities 1
Tracked Units by Federal Program in Islip, New York

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

Income Based Apartments in Islip, New York

Islip 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 Islip, New York

There are 126 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Islip.

Housing Choice Vouchers in Islip, New York

On average, Section 8 Housing Choice vouchers pay Islip landlords $1,000 per month towards rent. The average voucher holder contributes $600 towards rent in Islip.

The maximum amount a voucher would pay on behalf of a low-income tenant in Islip, New York for a two-bedroom apartment is between $2,257 and $2,759.

Sourced from federal housing data and AffordableHousingOnline.com research.