Affordable Housing In Rome
9 Low Income Apartment Communities In Rome
Housing Authorities that serve Rome
|Rome Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Utica Municipal Housing Authority||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Rome, New York
There are 9 low income housing apartment communities offering 904 affordable apartments for rent in Rome, New York.
Income Based Apartments in Rome, New York
Rome features 643 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 Rome, New York
There are 261 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rome.
Housing Choice Vouchers in Rome, New York
On average, Section 8 Housing Choice vouchers pay Rome landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Rome.
The maximum amount a voucher would pay on behalf of a low-income tenant in Rome, New York for a two-bedroom apartment is between $711 and $869.
2020 Rome, 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|
|Fair Market Rent||$563||$613||$790||$984||$1,096|
|Payment Standard Range||$507 to $619||$552 to $674||$711 to $869||$886 to $1,082||$986 to $1,206|
Sourced from federal housing data and AffordableHousingOnline.com research.
Rome, NY Affordable Housing Snapshot
|Total Affordable Apartment Properties||9|
|Total Low Income Apartments||904|
|Total Housing Units with Rental Assistance||643|
|Percentage of Housing Units Occupied By Renters||45.55%|
|Average Renter Household Size||2.18|
|Average Household Size||2.30|
|Median Household Income||$43,323 ±$1,764|
|Median Rent||$713 ±$22|
|Percentage Of Renters Overburdened||42.85% ± 4.83pp|
Population and Household Demographics
Rome is a city in Oneida County, New York with a population of 32,916. There are 13,238 households in the city with an average household size of 2.30 persons. 45.55% of households in Rome are renters.
Income and Rent Overburden in Rome
The median gross income for households in Rome is $43,323 a year, or $3,610 a month. The median rent for the city is $713 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rome, a household making less than $2,377 a month would be considered overburdened when renting an apartment at or above the median rent. 42.85% of households who rent are overburdened in Rome.
Area Median Income In Rome
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.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Rome, the AMI is calculated from all households within Oneida County.
In Rome, HUD calculates the Area Median Income for a family of four as $71,700
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 Rome
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 Rome
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$15,050||$17,240||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$25,100||$28,700||$32,300||$35,850||$38,750||$41,600||$44,500||$47,350|
|80% of Median||$40,150||$45,900||$51,650||$57,350||$61,950||$66,550||$71,150||$75,750|