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About Affordable Housing In New York City

There are 2,428 low income housing apartment complexes which contain 366,508 subsidized apartments for rent in New York City, New York. Many of these rental apartments are income based housing with about 69,769 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 49,104 Project-Based Section 8 subsidized apartments in New York City. There are 137,048 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Fair Market Rents are used to establish the payment standards for the Section 8 Housing Choice Voucher Program. In New York City, the fair market rents range from $1,352 to $2,267. To learn more about rents for low income apartments in New York City read the Fair Market Rents section of the Understanding Affordable Housing in New York City guide.

To qualify for low income housing in New York City a family of four would generally have to earn less than $45,300. For more detailed income qualification information for affordable apartments in New York City read the Income section of the Understanding Affordable Housing in New York City guide.

The HUD funded Public Housing Agencies that serve New York City are the New York City Dept. of Housing Preservation & Development, New York State Homes and Community Renewal and New York City Housing Authority.

  • The New York City Housing Authority Housing Choice Voucher Waiting List is Closed.
  • The New York City Dept. of Housing Preservation & Development Housing Choice Voucher Waiting List is Closed.
  • The New York State Homes and Community Renewal Housing Choice Voucher Waiting List is Closed.
  • The New York City Housing Authority Public Housing Waiting List is Open Now.

The New York City Housing Authority offers 159 Public Housing complexes containing 178,074 HUD apartments. The rent at these subsidized apartments are always income based. To find a public housing unit, look for the tag in the apartment list below.

Affordable Apartments in New York City

125 Sutphin Blvd
Baisley Park Gardens is a 212 unit low income housing apartment community in New York City.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Project-Based Section 8 Project Based Rental Assistance
122 E. 104 Street
Good Neighbor Apartments is a 118 unit low income housing apartment community in New York City.
Apartments in this community are not rent subsidized. However, this apartment community has rents considered affordable for low income families in New York City.
Low Income Housing Tax Credit
350 Saint Anns Avenue
Thessalonica Court Apartments is a 191 unit low income housing apartment community in New York City.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Project-Based Section 8 Low Income Housing Tax Credit Project Based Rental Assistance
655 Morris Avenue
Maria Lopez Plaza is a 216 unit low income housing apartment community in New York City.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Project-Based Section 8 Project Based Rental Assistance
14 Moffat St
Moffat Gardens is a 72 unit low income housing apartment community in New York City.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Section 202 Supportive Housing for the Elderly Project Based Rental Assistance Senior (62+) Accessible Units

Housing Authorities that serve New York City

Understanding Affordable Housing in New York City, New York

New York City, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 2,428
Total Low Income Apartments 366,508
Total Rent Assisted Apartments 69,769
Percentage of Housing Units Occupied By Renters 69.04%
Average Renter Household Size 2.15
Total Population 8,175,133
Housing Units 3,109,784
Average Household Size 2.26
Median Household Income $52,737 ±$254
Median Rent $1,234 ±$3
Percentage Of Renters Overburdened 51.44% ± 0.35pp

Population and Household Demographics

New York City is a City in New York with a population of 8,175,133. There are 3,109,784 households in the city with an average household size of 2.26 persons. 69.04% of households in New York City are renters.

Income and Rent Overburden in New York City

The median gross income for households in New York City is $52,737 a year, or $4,395 a month. The median rent for the city is $1,234 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In New York City, a household making less than $4,113 a month would be considered overburdened when renting an apartment at or above the median rent. 51.44% of households who rent are overburdened in New York City.1

Data derived from 2010 Census and 2014 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 0.35 percentage points.

Fair Market Rents in New York City

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.

2017 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,352 $1,419 $1,637 $2,102 $2,267
Area Median Income In New York City

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.

In New York City, HUD calculates the Area Median Income for a family of four as $65,200.

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.

Low Income Housing Tax Credits in New York City

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

From 1988 to 2012, 1,643 low income apartment communities containing 81,020 rental apartments have been constructed and made affordable to low income persons in New York City by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in New York City by looking for the tag in the apartment list above. View Apartments.

Low Income Housing Tax Credit Income Limits

For affordable apartment communities in New York City that received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the community.

If your income does not exceed 60% of the Area Median Income (AMI), you may qualify to rent a unit that is subject to the rent limits established by the Low Income Housing Tax Credit program.

% of AMI 1 Person 2 Persons 3 Persons 4 Persons 5 Persons 6 Persons 7 Persons 8 Persons
50% $31,750 $36,250 $40,800 $45,300 $48,950 $52,550 $56,200 $59,800
60% $38,100 $43,500 $48,960 $54,360 $58,740 $63,060 $67,440 $71,760
Low Income Housing Tax Credit Rent Limits

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.

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 New York City is $48,960 a year, or $4,080 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,080 by 30% to get a maximum rent of $1,224 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% $794 $850 $1,020 $1,178 $1,314 $1,450
60% $953 $1,020 $1,224 $1,414 $1,577 $1,740
Rental Assistance in New York City

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.

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

HUD Rental Assistance Income Limits

To qualify for most rental assistance programs a renter must earn no more than 50% of the Area Median Income (AMI). In some cases, rental assistance is reserved for renters earning 30% or less of the AMI. In New York City, to qualify for Section 8 assistance, a renter household containing four persons must earn $45,300 or less. For some targeted rental assistance programs, a renter household of four can’t earn more than $27,200.

It’s important to remember that in many rental assistance programs there are minimum rent regulations requiring assistance recipients to make a minimum payment of between $25 and $50 per month no matter how low their income.

% of AMI 1 Person 2 Persons 3 Persons 4 Persons 5 Persons 6 Persons 7 Persons 8 Persons
30% $19,050 $21,800 $24,500 $27,200 $29,400 $32,580 $36,730 $40,890
50% $31,750 $36,250 $40,800 $45,300 $48,950 $52,550 $56,200 $59,800
80% $50,750 $58,000 $65,250 $72,500 $78,300 $84,100 $89,900 $95,700