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

Discover affordable housing in Mattydale 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.

Riordan School Apartments

207 E Molloy Rd, Mattydale, New York 13211

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mattydale, New York
$21.33/hour
$6.33 (+42%) more than New York minimum wage and $14.08 (+194%) more than the Federal minimum wage.
Learn More About Mattydale, New York Affordable Housing ↓

How many renters live in Mattydale, New York?

The City of Mattydale has 5,825 people living in 2,352 households.

There are 1,563 renters living in 602 renter households in this City. Renters make up 26.83 percent of the population living in Mattydale.

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

There are an estimated 2,520 housing units in the Mattydale area. Of these, 656 units are rental homes, making up 26 percent of the housing market. For every renter household in Mattydale, New York, there are 1 rental units.

What is the vacancy rate for rentals in Mattydale?

The rental vacancy rate in Mattydale is 8 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 Mattydale for each bedroom size?

Occupied Rental Units by Size in Mattydale
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 65 184 292 53
Occupied Rental Units by Size in Mattydale

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

Among renter households in this market, 28 percent have housing cost burden. Further, 16 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 Mattydale

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $828 to $1,600. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $828
One BR $916
Two BR $1,126
Three BR $1,381
Four BR $1,600
2024 Fair Market Rents in Mattydale, New York

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

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 8 100 percent
One BR 59 91 percent
Two BR 100 54 percent
Rental Units Below FMR in Mattydale, New York

How many affordable rental units are in Mattydale?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 1
Section 202 Supportive Housing for the Elderly 33
Tracked Units by Federal Program in Mattydale, New York

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

Income Based Apartments in Mattydale, New York

Mattydale features 24 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 Mattydale, New York

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mattydale.

Housing Choice Vouchers in Mattydale, New York

On average, Section 8 Housing Choice vouchers pay Mattydale landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Mattydale.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mattydale, New York for a two-bedroom apartment is between $1,013 and $1,239.

Sourced from federal housing data and AffordableHousingOnline.com research.