How many renters live in Sanborn, New York?
The City of Sanborn has 1,499 people living in 562 households.
There are 350 renters living in 222 renter households in this City. Renters make up 23.35 percent of the population living in Sanborn.
What is the rental market like in Sanborn, New York?
There are an estimated 562 housing units in the Sanborn area. Of these, 222 units are rental homes, making up 40 percent of the housing market. For every renter household in Sanborn, New York, there are 1 rental units.
What is the vacancy rate for rentals in Sanborn?
The rental vacancy rate in Sanborn is 0 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 Sanborn for each bedroom size?
Occupied Rental Units by Size in Sanborn
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 51 | 171 | 0 | 0 |
Occupied Rental Units by Size in Sanborn
A large number of apartments in Sanborn 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 Sanborn are overburdened by housing costs?
Among renter households in this market, 0 percent have housing cost burden. Further, 0 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 Sanborn
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $951 to $1,604. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $951 |
| One BR | $992 |
| Two BR | $1,163 |
| Three BR | $1,424 |
| Four BR | $1,604 |
2024 Fair Market Rents in Sanborn, New York
How many units are rented at Fair Market Rent (FMR) in Sanborn?
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 | 21 | 41 percent |
| Two BR | 147 | 86 percent |
Rental Units Below FMR in Sanborn, New York
How many affordable rental units are in Sanborn?
Income Based Apartments in Sanborn, New York
Sanborn features 0 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 Sanborn, New York
There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sanborn.
Housing Choice Vouchers in Sanborn, New York
On average, Section 8 Housing Choice vouchers pay Sanborn landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sanborn.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sanborn, New York for a two-bedroom apartment is between $1,047 and $1,279.
Sourced from federal housing data and AffordableHousingOnline.com research.
