How many renters live in Mahopac, New York?
The City of Mahopac has people living in households.
There are renters living in renter households in this City. Renters make up 19.81 percent of the population living in Mahopac.
What is the rental market like in Mahopac, New York?
There are an estimated housing units in the Mahopac area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mahopac, New York, there are 1.08 rental units.
What is the vacancy rate for rentals in Mahopac?
The rental vacancy rate in Mahopac 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 Mahopac for each bedroom size?
Occupied Rental Units by Size in Mahopac
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 171 | 281 | 228 | 11 |
Occupied Rental Units by Size in Mahopac
A large number of apartments in Mahopac 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 Mahopac
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,386 to $3,700. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $2,386 |
| One BR | $2,451 |
| Two BR | $2,752 |
| Three BR | $3,434 |
| Four BR | $3,700 |
2024 Fair Market Rents in Mahopac, New York
How many units are rented at Fair Market Rent (FMR) in Mahopac?
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 | 77 | 45 percent |
| Two BR | 62 | 22 percent |
Rental Units Below FMR in Mahopac, New York
How many affordable rental units are in Mahopac?
There are a variety of federal affordable housing programs serving households in Mahopac, New York including the following:
| Federal Program | Unit Count |
| Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Mahopac, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Mahopac, New York
Mahopac 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 Mahopac, New York
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mahopac.
Housing Choice Vouchers in Mahopac, New York
On average, Section 8 Housing Choice vouchers pay Mahopac landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Mahopac.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mahopac, New York for a two-bedroom apartment is between $2,477 and $3,027.
Sourced from federal housing data and AffordableHousingOnline.com research.