Low Income Apartments and Affordable Housing For Rent in New Rochelle, NY

Discover affordable housing in New Rochelle where there are 21+ 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.

Shiloh Senior Housing

29 Kress Ave, New Rochelle, New York 10801

The Craft Buliding

164 Union Ave, New Rochelle, New York 10801

Garito Manor Senior Residence - 62 and Older

180 Union Ave, New Rochelle, New York 10801

Shiloh Senior Housing

25 Kress Ave, New Rochelle, New York 10801

Maple Terrace

55 Maple Ave, New Rochelle, New York 10801

Heritage Homes

1 Heritage Ln, New Rochelle, New York 10801

Queen City Towers

50 Sickles Ave, New Rochelle, New York 10801

La Rochelle Manor

111 Lockwood Ave, New Rochelle, New York 10801

Bracey Apartments

345 Main St, New Rochelle, New York 10801

Soundview Low-Savin Apartments

391 Pelham Road, New Rochelle, New York 10805

Rockwell Terrace

129 Lockwood Ave, New Rochelle, New York 10801

Lincoln Towers

64 Lincoln Ave, New Rochelle, New York 10801

Huguenot Houses

16 Locust Ave, New Rochelle, New York 10801

Carrington Arms

33 Lincoln Ave, New Rochelle, New York 10801

Clinton Place Apartments

41 Clinton Pl, New Rochelle, New York 10801

Parkside Place

570 5th Ave, New Rochelle, New York 10801

Washington House Apartments

60 Union Ave, New Rochelle, New York 10801

Willow Gardens

60 WILLOW DR, New Rochelle, New York 10805

8757 Bay 16th St

8757 Bay 16th St, New Rochelle, New York 10805

Main Osborne

4 Everett St, New Rochelle, New York 10801

calendar_today Opens: Jun 10
calendar_today Closes: Jun 17,

Reported On March 22nd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In New Rochelle, New York
$44.55/hour
$29.55 (+197%) more than New York minimum wage and $37.30 (+514%) more than the Federal minimum wage.
Learn More About New Rochelle, New York Affordable Housing ↓

What HUD offices serve New Rochelle, New York?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for New Rochelle, New York.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for New Rochelle, New York.
Operates the Section 8 Housing Choice Voucher (HCV) programs for New Rochelle, New York.
Operates the Section 8 Housing Choice Voucher (HCV) programs for New Rochelle, New York.
Operates the Section 8 Housing Choice Voucher (HCV) programs for New Rochelle, New York.
Operates the Section 8 Housing Choice Voucher (HCV) programs for New Rochelle, New York.

Go to the New York Public Housing and Low-Income Apartments Waiting Lists page for openings near New Rochelle.

How many renters live in New Rochelle, New York?

The City of New Rochelle has 82,292 people living in 32,338 households.

There are 35,434 renters living in 16,481 renter households in this City. Renters make up 43.06 percent of the population living in New Rochelle.

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

There are an estimated 31,098 housing units in the New Rochelle area. Of these, 14,543 units are rental homes, making up 47 percent of the housing market. For every renter household in New Rochelle, New York, there are 1 rental units.

What is the vacancy rate for rentals in New Rochelle?

The rental vacancy rate in New Rochelle is 1 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 New Rochelle for each bedroom size?

Occupied Rental Units by Size in New Rochelle
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,611 5,574 4,585 2,125 346
Occupied Rental Units by Size in New Rochelle

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

Among renter households in this market, 48 percent have housing cost burden. Further, 25 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 New Rochelle

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,648 to $3,132. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,648
One BR $1,934
Two BR $2,352
Three BR $2,885
Four BR $3,132
2024 Fair Market Rents in New Rochelle, New York

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

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 930 58 percent
One BR 2,367 42 percent
Two BR 1,129 25 percent
Rental Units Below FMR in New Rochelle, New York

How many affordable rental units are in New Rochelle?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,437
Public Housing 100
Section 8 Project-Based Rental Assistance 769
Section 202 Supportive Housing for the Elderly 71
Tracked Units by Federal Program in New Rochelle, New York

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

Income Based Apartments in New Rochelle, New York

New Rochelle features 1,262 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 New Rochelle, New York

There are 618 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Rochelle.

Housing Choice Vouchers in New Rochelle, New York

On average, Section 8 Housing Choice vouchers pay New Rochelle landlords $1,100 per month towards rent. The average voucher holder contributes $500 towards rent in New Rochelle.

The maximum amount a voucher would pay on behalf of a low-income tenant in New Rochelle, New York for a two-bedroom apartment is between $2,117 and $2,587.

Sourced from federal housing data and AffordableHousingOnline.com research.