Affordable Housing In Minoa
Onondaga County, New York

3 Low Income Apartment Communities In Minoa

Edgerton Estates, Inc

501 Edgerton St
Minoa, New York

112 East Avenue

112 East Ave
Minoa, New York
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Guide To Affordable Housing in Minoa, New York

There are 3 low income housing apartment communities offering 163 affordable apartments for rent in Minoa, New York.

Income Based Apartments in Minoa, New York

Minoa 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 Minoa, New York

There are 163 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Minoa.

Housing Choice Vouchers in Minoa, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Minoa, New York for a two-bedroom apartment is between $869 and $1,063.

2022 Minoa, New York Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Minoa, New York Fair Market Rent $694 $781 $966 $1,198 $1,390
Minoa, New York Payment Standard Range $625 to $763 $703 to $859 $869 to $1,063 $1,078 to $1,318 $1,251 to $1,529

Sourced from federal housing data and AffordableHousingOnline.com research.

Minoa, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 163
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 16.68%
Average Renter Household Size 1.83
Average Household Size 2.44
Median Household Income $59,209 ±$5,399
Median Rent $758 ±$66
Percentage Of Renters Overburdened 28.51% ± 17.09pp
Total Population 3,514

Population and Household Demographics

Minoa is a city in Onondaga County, New York with a population of 3,514. There are 1,409 households in the city with an average household size of 2.44 persons. 16.68% of households in Minoa are renters.

Income and Rent Overburden in Minoa

The median gross income for households in Minoa is $59,209 a year, or $4,934 a month. The median rent for the city is $758 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Minoa, a household making less than $2,527 a month would be considered overburdened when renting an apartment at or above the median rent. 28.51% of households who rent are overburdened in Minoa.

Area Median Income In Minoa

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 Minoa, the AMI is calculated from all households within Onondaga County.

In Minoa, HUD calculates the Area Median Income for a family of four as $91,100

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 Minoa

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 HUD Rental Assistance in Minoa

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Minoa AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,700 $21,350 $24,000 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Minoa AMI may qualify for rental assistance programs that target Very Low Income households.
$31,150 $35,600 $40,050 $44,450 $48,050 $51,600 $55,150 $58,700
80% AMI Income Limits
Renters earning up to 80% of the Minoa AMI may qualify for rental assistance programs that target Low Income households.
$49,800 $56,900 $64,000 $71,100 $76,800 $82,500 $88,200 $93,900