Affordable Housing Online - Logo

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

Discover affordable housing in Schenectady where there are 42+ 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.

Image of 1691 Foster Ave

1691 Foster Ave

1691 Foster Ave, Schenectady, New York 12308

bed 3
payment $1360/mo.
Image of 951 Strong St Unit 2

951 Strong St Unit 2

951 Strong St Unit 2, Schenectady, New York 12307

bed 4
payment $1800/mo.
Image of 339 Hulett St

339 Hulett St

339 Hulett St, Schenectady, New York 12307

bed 3
payment $1600/mo.
Image of 852 Union St

852 Union St

852 Union St, Schenectady, New York 12308

bed Studio
payment $895/mo.
Image of 515 Seneca St Unit 2

515 Seneca St Unit 2

515 Seneca St Unit 2, Schenectady, New York 12308

bed 3
payment $1350/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 1316 State St Unit 3

1316 State St Unit 3

1316 State St Unit 3, Schenectady, New York 12304

bed 2
payment $1295/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 1055 -1057 University Place Unit 2R

1055 -1057 University Place Unit 2R

1055 -1057 University Place Unit 2R, Schenectady, New York 12308

bed 2
payment $1300/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of Summit Towers

Summit Towers

720 Albany St, Schenectady, New York 12307

bed Studio-1
payment Subsidized
Image of Northside Village

Northside Village

2450 Van Vrankken Ave, Schenectady, New York 12308

bed 1-3
payment $1073-2051/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Image of 13 State Street Apartments

13 State Street Apartments

13 State St., Schenectady, New York 12305

bed 1-2
payment $1202-1434/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Image of Hillside View Apartments

Hillside View Apartments

602 Craig St., Schenectady, New York 12307

bed Studio-3
payment $629-1111/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Image of Father Leo Obrien Senior Housing

Father Leo Obrien Senior Housing

3151 Marra Ln, Schenectady, New York 12303

payment Subsidized
elderly Senior
accessibility Accessible
Image of Schenectady Bnai Brith

Schenectady Bnai Brith

22 Knolls Rd, Schenectady, New York 12309

payment Subsidized
Image of Lawrence Commons

Lawrence Commons

2660 Albany St, Schenectady, New York 12304

switch_access_shortcut Short Wait
Image of Mont Pleasant Senior Housing

Mont Pleasant Senior Housing

1502 Chrisler Ave, Schenectady, New York 12303

payment Subsidized
elderly Senior
accessibility Accessible
Image of Vale Housing Revitalization

Vale Housing Revitalization

3 Barney St, Schenectady, New York 12307

switch_access_shortcut Short Wait
accessibility Accessible
Image of Joseph L. Allen Apartments

Joseph L. Allen Apartments

780 Albany St., Schenectady, New York 12307

bed Studio-2
payment $609-848/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Image of Eastside

Eastside

292 Starling Ave, Schenectady, New York 12304

payment Subsidized
Image of Downtown

Downtown

375 Broadway, Schenectady, New York 12305

payment Subsidized
Image of Pinewood Drive Residence

Pinewood Drive Residence

235 Pinewood Dr, Schenectady, New York 12303

switch_access_shortcut Short Wait

How To Identify Affordable Housing in Schenectady, New York

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Schenectady, New York
$26.02/hour
$11.02 (+73%) more than New York minimum wage and $18.77 (+259%) more than the Federal minimum wage.
Learn More About Schenectady, New York Affordable Housing ↓

What HUD offices serve Schenectady, 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.

Schenectady Municipal Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Schenectady, New York.

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

How many renters live in Schenectady, New York?

The City of Schenectady has people living in households.

There are renters living in renter households in this City. Renters make up 37.32 percent of the population living in Schenectady.

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

There are an estimated housing units in the Schenectady area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Schenectady, New York, there are 1.2 rental units.

What is the vacancy rate for rentals in Schenectady?

The rental vacancy rate in Schenectady is 4 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 Schenectady for each bedroom size?

Occupied Rental Units by Size in Schenectady
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
1,0774,3435,2603,916706
Occupied Rental Units by Size in Schenectady

A large number of apartments in Schenectady 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 Schenectady

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,011 to $1,830. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$1,011
One BR$1,131
Two BR$1,374
Three BR$1,661
Four BR$1,830
2024 Fair Market Rents in Schenectady, New York

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

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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio86580 percent
One BR2,98769 percent
Two BR3,87874 percent
Rental Units Below FMR in Schenectady, New York

How many affordable rental units are in Schenectady?

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

Federal ProgramUnit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Schenectady, New York

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

Income Based Apartments in Schenectady, New York

Schenectady features 1,464 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 Schenectady, New York

There are 773 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Schenectady.

Housing Choice Vouchers in Schenectady, New York

On average, Section 8 Housing Choice vouchers pay Schenectady landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Schenectady.

The maximum amount a voucher would pay on behalf of a low-income tenant in Schenectady, New York for a two-bedroom apartment is between $1,237 and $1,511.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening