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

Discover affordable housing in Lakeville where there are 1+ 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.

Creekside Clearing

1400 Orchid Dr, Lakeville, New York 14480

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lakeville, New York
$24.75/hour
$9.75 (+65%) more than New York minimum wage and $17.50 (+241%) more than the Federal minimum wage.
Learn More About Lakeville, New York Affordable Housing ↓

What HUD offices serve Lakeville, 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, Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Mainstream Voucher, Rental Assistance Demonstration (RAD), Housing Opportunities for Persons with AIDS (HOPWA), Family Unification Program (FUP) programs for Lakeville, New York.

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

How many renters live in Lakeville, New York?

The City of Lakeville has 577 people living in 199 households.

There are 128 renters living in 69 renter households in this City. Renters make up 22.18 percent of the population living in Lakeville.

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

There are an estimated 331 housing units in the Lakeville area. Of these, 69 units are rental homes, making up 21 percent of the housing market. For every renter household in Lakeville, New York, there are 1 rental units.

What is the vacancy rate for rentals in Lakeville?

The rental vacancy rate in Lakeville 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 Lakeville for each bedroom size?

Occupied Rental Units by Size in Lakeville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 58 11 0
Occupied Rental Units by Size in Lakeville

A large number of apartments in Lakeville 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 Lakeville are overburdened by housing costs?

Among renter households in this market, 30 percent have housing cost burden. Further, 14 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 Lakeville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $938 to $1,741. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $938
One BR $1,050
Two BR $1,307
Three BR $1,580
Four BR $1,741
2024 Fair Market Rents in Lakeville, New York

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

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
Two BR 58 100 percent
Rental Units Below FMR in Lakeville, New York

How many affordable rental units are in Lakeville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 32
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Lakeville, New York

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

Income Based Apartments in Lakeville, New York

Lakeville 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 Lakeville, New York

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lakeville.

Housing Choice Vouchers in Lakeville, New York

On average, Section 8 Housing Choice vouchers pay Lakeville landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Lakeville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lakeville, New York for a two-bedroom apartment is between $1,176 and $1,438.

Sourced from federal housing data and AffordableHousingOnline.com research.