Affordable Housing In Medford
Suffolk County, New York

5 Low Income Apartment Communities In Medford

John Paul II Apartments

590 Christopher Ct
Medford, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Waverly Residence

238 Waverly Ave
Medford, NY
Accessible
Disabled Supportive Housing
Subsidized

Medford Hamlet Assisted Living Facility

1529 N Ocean Ave
Medford, NY
HCV Welcome

Project Share XI

322 Birchwood Rd
Medford, NY
Accessible
Disabled Supportive Housing
Subsidized

Medford Landing

101 Addison Pl
Medford, NY
HCV Welcome
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Housing Authorities that serve Medford

Housing Authority Programs
Community Development Corporation of Long Island Inc Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Medford, New York

According to federal housing data and AffordableHousingOnline.com research, there are 5 low income housing apartment communities offering 341 affordable apartments for rent in Medford, New York. Medford features 93 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 248 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Medford.

Medford, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 341
Total Housing Units with Rental Assistance 93
Percentage of Housing Units Occupied By Renters 15.2%
Average Renter Household Size 2.65
Average Household Size 3.13
Median Household Income $91,035 ±$9,231
Median Rent $1,732 ±$177
Percentage Of Renters Overburdened 42.91% ± 10.62pp
Total Population 24,793

Population and Household Demographics

Medford is a City in Suffolk County, New York with a population of 24,793. There are 7,788 households in the city with an average household size of 3.13 persons. 15.2% of households in Medford are renters.

Income and Rent Overburden in Medford

The median gross income for households in Medford is $91,035 a year, or $7,586 a month. The median rent for the city is $1,732 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Medford, a household making less than $5,773 a month would be considered overburdened when renting an apartment at or above the median rent. 42.91% of households who rent are overburdened in Medford.1

Area Median Income In Medford

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Medford, the AMI is calculated from all households within Suffolk County.

In Medford, HUD calculates the Area Median Income for a family of four as $124,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Medford

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Medford HUD Rental Assistance in Medford

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $26,050 $29,800 $33,500 $37,200 $40,200 $43,200 $46,150 $49,150
50% of Median $43,400 $49,600 $55,800 $62,000 $67,000 $71,950 $76,900 $81,850
80% of Median $62,300 $71,200 $80,100 $88,950 $96,100 $103,200 $110,300 $117,450
Low Income Housing Tax Credits in Medford

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2002 to 2007, 2 low income apartment communities containing 248 rental apartments have been constructed and made affordable to low income persons in Medford by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Medford

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $43,400 $49,600 $55,800 $62,000 $67,000 $71,950 $76,900 $81,850
60% of Median $52,080 $59,520 $66,960 $74,400 $80,400 $86,340 $92,280 $98,220

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Medford is $66,960 a year, or $5,580 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $5,580 by 30% to get a maximum rent of $1,674 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $1,085 $1,163 $1,395 $1,613 $1,799 $1,984
60% $1,302 $1,395 $1,674 $1,935 $2,159 $2,381
Fair Market Rents in Medford

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,298 $1,624 $1,992 $2,563 $2,858