Affordable Housing In Rensselaer County
New York

48 Low Income Apartment Communities In Rensselaer County

Greenbush Village Apartments

25 Crotched Mountain Way
Rensselaer, New York
Call For Rent
1-2 BR
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Oneil Apartments

2121 6th Ave
Troy, New York
Call For Rent
Studio-1 BR
Subsidized

Burns Apartments

720 Federal St.
Troy, New York
Call For Rent
1 BR
Subsidized

Renwyck Place

18 4th Ave
Rensselaer, New York
Income Based
1 BR
Subsidized
62+

Van Rensselaer Heights

460 Forbes Ave
Rensselaer, New York
Income Based
1-2 BR
Subsidized
62+

Tapestry on the Hudson

599 RIVER ST
Troy, New York
$787-826
1 BR

Franciscan Heights Senior Community

1 St. Anthony Lane
Rensselaer, New York
Call For Rent
1-2 BR

Hudson Arthaus

621 River Street
Troy, New York
Call For Rent
1-3 BR

Lansingburgh Apartments

41 114th St
Troy, New York
Call For Rent
Studio-1 BR
Subsidized

Monument Square Apartments

2 1st St
Troy, New York
Subsidized

Guide To Affordable Housing in Rensselaer County, New York

There are 48 low income housing apartment communities offering 2,905 affordable apartments for rent in Rensselaer County, New York.

Income Based Apartments in Rensselaer County, New York

Rensselaer County features 2,331 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 Rensselaer County, New York

There are 574 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rensselaer County.

Housing Choice Vouchers in Rensselaer County, New York

On average, Section 8 Housing Choice vouchers pay Rensselaer County landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Rensselaer County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Rensselaer County, New York for a two-bedroom apartment is between $1,086 and $1,328.

2022 Rensselaer County, 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
Rensselaer County, New York Fair Market Rent $890 $991 $1,207 $1,492 $1,637
Rensselaer County, New York Payment Standard Range $801 to $979 $892 to $1,090 $1,086 to $1,328 $1,343 to $1,641 $1,473 to $1,801

Sourced from federal housing data and AffordableHousingOnline.com research.

Rensselaer County, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 48
Total Low Income Apartments 2,905
Total Housing Units with Rental Assistance 2,331
Percentage of Housing Units Occupied By Renters 35%
Average Renter Household Size 2.14
Average Household Size 2.43
Median Household Income $60,709 ±$1,505
Median Rent $875 ±$17
Percentage Of Renters Overburdened 45.7% ± 2.47pp
Total Population 159,900

Population and Household Demographics

Rensselaer County is a county in New York with a population of 159,900. There are 63,447 households in the county with an average household size of 2.43 persons. 35% of households in Rensselaer County are renters.

Income and Rent Overburden in Rensselaer County

The median gross income for households in Rensselaer County is $60,709 a year, or $5,059 a month. The median rent for the county is $875 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rensselaer County, a household making less than $2,917 a month would be considered overburdened when renting an apartment at or above the median rent. 45.7% of households who rent are overburdened in Rensselaer County.

Area Median Income In Rensselaer County

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 Rensselaer County, HUD calculates the Area Median Income for a family of four as $95,600

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 Rensselaer County

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 Rensselaer County

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 Rensselaer County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,100 $23,000 $25,850 $28,700 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Rensselaer County AMI may qualify for rental assistance programs that target Very Low Income households.
$33,500 $38,250 $43,050 $47,800 $51,650 $55,450 $59,300 $63,100
80% AMI Income Limits
Renters earning up to 80% of the Rensselaer County AMI may qualify for rental assistance programs that target Low Income households.
$53,550 $61,200 $68,850 $76,500 $82,650 $88,750 $94,900 $101,000

Cities In Rensselaer County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Averill Park
Berlin
Brunswick
Castleton on Hudson
Castleton-on-Hudson
East Greenbush
East Nassau
Grafton
Greenbush
Hampton Manor
Hoosick
Hoosick Falls The HUD funded Public Housing Agency that serves Hoosick Falls is the Town of Hoosick Housing Authority.
Nassau
North Greenbush
Petersburgh
Pittstown
Poestenkill
Rensselaer The HUD funded Public Housing Agency that serves Rensselaer is the Rensselaer Housing Authority.
Sand Lake
Schaghticoke
Schodack
Stephentown
Troy The HUD funded Public Housing Agency that serves Troy is the Troy Housing Authority.
Valley Falls
West Sand Lake
Wynantskill