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

Discover affordable housing in Oneonta where there are 6+ 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.

Academy Arms Apartments

33 Academy St, Oneonta, New York 13820

Dietz Street Lofts

34 Dietz Street Lofts, Oneonta, New York 13820

Albert Nader Towers

2 Mitchell St, Oneonta, New York 13820

James F. Lettis Apartments

30 Fairview St, Oneonta, New York 13820

Oneonta Heights

1 Silver Ave, Oneonta, New York 13820

Mayrose Apts

9 Lewis Ave, Oneonta, New York

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Oneonta, New York
$20.09/hour
$5.09 (+34%) more than New York minimum wage and $12.84 (+177%) more than the Federal minimum wage.
Learn More About Oneonta, New York Affordable Housing ↓

What HUD offices serve Oneonta, 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), Public Housing programs for Oneonta, New York.
Operates the Section 8 Housing Choice Voucher (HCV), Section 8 Project-Based Voucher (PBV) programs for Oneonta, New York.

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

How many renters live in Oneonta, New York?

The City of Oneonta has 14,097 people living in 4,495 households.

There are 4,434 renters living in 2,193 renter households in this City. Renters make up 31.45 percent of the population living in Oneonta.

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

There are an estimated 5,627 housing units in the Oneonta area. Of these, 2,815 units are rental homes, making up 50 percent of the housing market. For every renter household in Oneonta, New York, there are 1 rental units.

What is the vacancy rate for rentals in Oneonta?

The rental vacancy rate in Oneonta is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Oneonta for each bedroom size?

Occupied Rental Units by Size in Oneonta
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
203 681 880 262 93
Occupied Rental Units by Size in Oneonta

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

Among renter households in this market, 48 percent have housing cost burden. Further, 27 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 Oneonta

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $719 to $1,413. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $719
One BR $879
Two BR $1,061
Three BR $1,304
Four BR $1,413
2024 Fair Market Rents in Oneonta, New York

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

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 125 62 percent
One BR 294 43 percent
Two BR 405 46 percent
Rental Units Below FMR in Oneonta, New York

How many affordable rental units are in Oneonta?

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

Federal Program Unit Count
Low Income Housing Tax Credit 60
Public Housing 112
Section 8 Project-Based Rental Assistance 58
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Oneonta, New York

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

Income Based Apartments in Oneonta, New York

Oneonta features 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 Oneonta, New York

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oneonta.

Housing Choice Vouchers in Oneonta, New York

On average, Section 8 Housing Choice vouchers pay Oneonta landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Oneonta.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oneonta, New York for a two-bedroom apartment is between $955 and $1,167.

Sourced from federal housing data and AffordableHousingOnline.com research.