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

Discover affordable housing in Savannah where there are 1+ 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.

Spring Valley Apartments

1662 Lopez Ln, Savannah, New York 13146

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 Savannah, New York
$24.75/hour
$9.75 (+65%) more than New York minimum wage and $17.50 (+241%) more than the Federal minimum wage.
Learn More About Savannah, New York Affordable Housing ↓

What HUD offices serve Savannah, 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, Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Mainstream Voucher, Rental Assistance Demonstration (RAD), Housing Opportunities for Persons with AIDS (HOPWA), Family Unification Program (FUP) programs for Savannah, New York.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Savannah, New York.

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

How many renters live in Savannah, New York?

The City of Savannah has 401 people living in 176 households.

There are 133 renters living in 58 renter households in this City. Renters make up 33.17 percent of the population living in Savannah.

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

There are an estimated 189 housing units in the Savannah area. Of these, 58 units are rental homes, making up 31 percent of the housing market. For every renter household in Savannah, New York, there are 1 rental units.

What is the vacancy rate for rentals in Savannah?

The rental vacancy rate in Savannah 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 Savannah for each bedroom size?

Occupied Rental Units by Size in Savannah
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 42 0 0 4
Occupied Rental Units by Size in Savannah

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

Among renter households in this market, 45 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 Savannah

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $938 to $1,741. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $938
One BR $1,050
Two BR $1,307
Three BR $1,580
Four BR $1,741
2024 Fair Market Rents in Savannah, New York

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

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 39 93 percent
Rental Units Below FMR in Savannah, New York

How many affordable rental units are in Savannah?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Savannah, New York

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

Income Based Apartments in Savannah, New York

Savannah 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 Savannah, New York

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Savannah.

Housing Choice Vouchers in Savannah, New York

On average, Section 8 Housing Choice vouchers pay Savannah landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Savannah.

The maximum amount a voucher would pay on behalf of a low-income tenant in Savannah, New York for a two-bedroom apartment is between $1,176 and $1,438.

Sourced from federal housing data and AffordableHousingOnline.com research.