Low Income Apartments and Affordable Housing For Rent in Montgomery County, NY

Discover affordable housing in Montgomery County where there are 19+ 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.

Mohawk Terrace Apartments

35 Wall St, Amsterdam, New York 12010

Colonial Square I

320 Church St, Amsterdam, New York 12010

Veddersburg Apartments

251 East Main Street, Amsterdam, New York 12010

Lafayette Court

129 Lafayette St, Palatine Bridge, New York 13428

Wallins Corners Apartments

1287 Midline Rd, Amsterdam, New York 12010

Valley View Apartments

102 Lafayette St, Palatine Bridge, New York 13428

Fonda Terrace

11 Barber St, Fonda, New York 12068

Woodrow Wilson Townhouses

141 Woodrow Rd, Amsterdam, New York 12010

Palatine Village

Mary St, Palatine Bridge, New York 13428

Greenwood Terrace

1 Greenwood Ter, Mohawk, New York 13407

Rivercrest Commons

131 Division St, Amsterdam, New York 12010

New Dimensions in Living

40 Ridge Rd, Canajoharie, New York 13317

Amsterdam Rehabilitation

53 Wall St, Amsterdam, New York 12010

Midtown Estates

9 East Main Street, St. Johnsville, New York

New Amsterdam Apartments

60 Division St, Amsterdam, New York 12010

New Amsterdam Apartments

26 Wall St, Amsterdam, New York 12010

20 Mary Street

20 Mary St, Palatine Bridge, New York 13428

Old Meadow

11 Old Meadow Rd, St Johnsville, New York 13452

62 North Main Street, Florida, Ny

62 N Main St, Florida, New York 10921

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Montgomery County, New York
$17.31/hour
$2.31 (+15%) more than New York minimum wage and $10.06 (+139%) more than the Federal minimum wage.
Learn More About Montgomery County, New York Affordable Housing ↓

How many renters live in Montgomery County, New York?

The County of Montgomery County has 49,624 people living in 18,918 households.

There are 13,917 renters living in 5,917 renter households in this County. Renters make up 28.04 percent of the population living in Montgomery County.

What is the rental market like in Montgomery County, New York?

There are an estimated 22,924 housing units in the Montgomery County area. Of these, 6,400 units are rental homes, making up 28 percent of the housing market. For every renter household in Montgomery County, New York, there are 1 rental units.

What is the vacancy rate for rentals in Montgomery County?

The rental vacancy rate in Montgomery County is 6 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 Montgomery County for each bedroom size?

Occupied Rental Units by Size in Montgomery County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
197 1,125 2,254 1,590 532
Occupied Rental Units by Size in Montgomery County

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

Among renter households in this market, 48 percent have housing cost burden. Further, 23 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 Montgomery County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $745 to $1,251. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $745
One BR $780
Two BR $914
Three BR $1,166
Four BR $1,251
2024 Fair Market Rents in Montgomery County, New York

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

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 111 56 percent
One BR 727 65 percent
Two BR 1,228 54 percent
Rental Units Below FMR in Montgomery County, New York

How many affordable rental units are in Montgomery County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 241
Public Housing 70
Section 8 Project-Based Rental Assistance 389
Mod Rehab Project-Based Rental Assistance 6
Section 202 Supportive Housing for the Elderly 23
Section 811 Supportive Housing for Persons with Disabilities 8
USDA Section 515 Rural Rental Housing 106
Tracked Units by Federal Program in Montgomery County, New York

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

Income Based Apartments in Montgomery County, New York

Montgomery County features 753 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 Montgomery County, New York

There are 217 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Montgomery County.

Housing Choice Vouchers in Montgomery County, New York

On average, Section 8 Housing Choice vouchers pay Montgomery County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Montgomery County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Montgomery County, New York for a two-bedroom apartment is between $823 and $1,005.

Sourced from federal housing data and AffordableHousingOnline.com research.