Low Income Apartments and Affordable Housing For Rent in Norwood, NY

Discover affordable housing in Norwood where there are 1+ 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.

Norwood Village Apartments

4 Baldwin Ave, Norwood, New York 13668

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Norwood, New York
$17.80/hour
$2.80 (+19%) more than New York minimum wage and $10.55 (+146%) more than the Federal minimum wage.
Learn More About Norwood, New York Affordable Housing ↓

What HUD offices serve Norwood, 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 Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Norwood, New York.

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

How many renters live in Norwood, New York?

The City of Norwood has 1,282 people living in 602 households.

There are 328 renters living in 180 renter households in this City. Renters make up 25.59 percent of the population living in Norwood.

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

There are an estimated 691 housing units in the Norwood area. Of these, 183 units are rental homes, making up 26 percent of the housing market. For every renter household in Norwood, New York, there are 1 rental units.

What is the vacancy rate for rentals in Norwood?

The rental vacancy rate in Norwood is 2 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 Norwood for each bedroom size?

Occupied Rental Units by Size in Norwood
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 88 53 36 3
Occupied Rental Units by Size in Norwood

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

Among renter households in this market, 53 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 Norwood

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $661 to $1,252. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $661
One BR $763
Two BR $940
Three BR $1,152
Four BR $1,252
2024 Fair Market Rents in Norwood, New York

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

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
One BR 74 84 percent
Two BR 8 15 percent
Rental Units Below FMR in Norwood, New York

How many affordable rental units are in Norwood?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 36
Tracked Units by Federal Program in Norwood, New York

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

Income Based Apartments in Norwood, New York

Norwood features 36 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 Norwood, New York

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

Housing Choice Vouchers in Norwood, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Norwood, New York for a two-bedroom apartment is between $846 and $1,034.

Sourced from federal housing data and AffordableHousingOnline.com research.