What HUD offices serve Richfield Springs, 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.
Go to the New York Public Housing and Low-Income Apartments Waiting Lists page for openings near Richfield Springs.
How many renters live in Richfield Springs, New York?
The City of Richfield Springs has people living in households.
There are renters living in renter households in this City. Renters make up 27.02 percent of the population living in Richfield Springs.
What is the rental market like in Richfield Springs, New York?
There are an estimated housing units in the Richfield Springs area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Richfield Springs, New York, there are 1.1 rental units.
What is the vacancy rate for rentals in Richfield Springs?
The rental vacancy rate in Richfield Springs is 9 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 Richfield Springs for each bedroom size?
Occupied Rental Units by Size in Richfield Springs
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 12 | 39 | 47 | 24 | 7 |
Occupied Rental Units by Size in Richfield Springs
A large number of apartments in Richfield Springs have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Richfield Springs
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 Richfield Springs, New York
How many units are rented at Fair Market Rent (FMR) in Richfield Springs?
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 | 0 | 100 percent |
| One BR | 39 | 100 percent |
| Two BR | 47 | 100 percent |
Rental Units Below FMR in Richfield Springs, New York
How many affordable rental units are in Richfield Springs?
There are a variety of federal affordable housing programs serving households in Richfield Springs, New York including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Richfield Springs, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Richfield Springs, New York
Richfield Springs features 24 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 Richfield Springs, New York
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Richfield Springs.
Housing Choice Vouchers in Richfield Springs, New York
On average, Section 8 Housing Choice vouchers pay Richfield Springs landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Richfield Springs.
The maximum amount a voucher would pay on behalf of a low-income tenant in Richfield Springs, New York for a two-bedroom apartment is between $955 and $1,167.
Sourced from federal housing data and AffordableHousingOnline.com research.