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Affordable Housing In Nelsonville
Putnam County, New York

Housing Authorities that serve Nelsonville

Housing Authority Programs
Putnam County Housing Corporation -

Guide To Affordable Housing in Nelsonville, New York

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Nelsonville, New York.

Income Based Apartments in Nelsonville, New York

Nelsonville 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 Nelsonville, New York

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

Housing Choice Vouchers in Nelsonville, New York

On average, Section 8 Housing Choice vouchers pay Nelsonville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Nelsonville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Nelsonville, New York for a two-bedroom apartment is between $1,848 and $2,258.

2021 Nelsonville, 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
Nelsonville, New York Fair Market Rent $1,760 $1,801 $2,053 $2,598 $2,784
Nelsonville, New York Payment Standard Range $1,584 to $1,936 $1,621 to $1,981 $1,848 to $2,258 $2,338 to $2,858 $2,506 to $3,062

Sourced from federal housing data and AffordableHousingOnline.com research.

Nelsonville, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 26%
Average Renter Household Size 3.11
Average Household Size 3.18
Median Household Income $107,500 ±$25,050
Median Rent $1,656 ±$335
Percentage Of Renters Overburdened 40% ± 22.8pp
Total Population 805

Population and Household Demographics

Nelsonville is a city in Putnam County, New York with a population of 805. There are 250 households in the city with an average household size of 3.18 persons. 26% of households in Nelsonville are renters.

Income and Rent Overburden in Nelsonville

The median gross income for households in Nelsonville is $107,500 a year, or $8,958 a month. The median rent for the city is $1,656 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nelsonville, a household making less than $5,520 a month would be considered overburdened when renting an apartment at or above the median rent. 40% of households who rent are overburdened in Nelsonville.

Area Median Income In Nelsonville

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 Nelsonville, the AMI is calculated from all households within Putnam County.

In Nelsonville, HUD calculates the Area Median Income for a family of four as $78,700

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 Nelsonville

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 Nelsonville

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 Nelsonville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$23,900 $27,300 $30,700 $34,100 $36,850 $39,600 $42,300 $45,050
50% AMI Income Limits
Renters earning up to 50% of the Nelsonville AMI may qualify for rental assistance programs that target Very Low Income households.
$39,800 $45,500 $51,200 $56,850 $61,400 $65,950 $70,500 $75,050
80% AMI Income Limits
Renters earning up to 80% of the Nelsonville AMI may qualify for rental assistance programs that target Low Income households.
$63,700 $72,800 $81,900 $90,950 $98,250 $105,550 $112,800 $120,100