Low Income Apartments and Affordable Housing For Rent in Spring Valley, NY

Discover affordable housing in Spring Valley where there are 16+ 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.

Help Me Independent Living Center

164 E Eckerson Rd, Spring Valley, New York 10977

Youngblood Senior Housing

201 N Main St, Spring Valley, New York 10977

Spring Valley Apartments

46 N Madison Ave, Spring Valley, New York 10977

Sycamore Crest

15 Summit Ave, Spring Valley, New York 10977

New Square Public Housing

40 Buchanan Ln, Spring Valley, New York 10977

Surrey Carlton Apartments

45 Ewing Ave, Spring Valley, New York 10977

Hyenga Lake Senior Housing

3 Hyenga Lk, Spring Valley, New York 10977

Spring Valley Main Street Revitalization

Main St, Spring Valley, New York 10977

Gesner Gardens

14 Union Rd, Spring Valley, New York 10977

Jawonio Residential Opportunity

133 Ekerson Rd, Spring Valley, New York 0

Spring Valley Commons Excel Program

1 Spring Valley Cmn, Spring Valley, New York 10977

New Square Family Housing II

63 Buchanan Ln, Spring Valley, New York 10977

Red Schoolhouse Road Senior Citizens Housing

13 Hubert Humphrey Dr, Spring Valley, New York 10977

New Square Family Housing

700 Wilson Ave, Spring Valley, New York 10977

Jawonio Apartments

15 Park Ave, Spring Valley, New York 10977

Lakeview Village and Highview Apartments

33 Fred Hecht Dr, Spring Valley, New York 10977

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Spring Valley, New York
$52.12/hour
$37.12 (+247%) more than New York minimum wage and $44.87 (+619%) more than the Federal minimum wage.
Learn More About Spring Valley, New York Affordable Housing ↓

What HUD offices serve Spring Valley, 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 Public Housing programs for Spring Valley, New York.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Spring Valley, New York.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Spring Valley, New York.

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

How many renters live in Spring Valley, New York?

The City of Spring Valley has 32,963 people living in 9,527 households.

There are 23,115 renters living in 7,108 renter households in this City. Renters make up 70.12 percent of the population living in Spring Valley.

What is the rental market like in Spring Valley, New York?

There are an estimated 10,169 housing units in the Spring Valley area. Of these, 7,279 units are rental homes, making up 72 percent of the housing market. For every renter household in Spring Valley, New York, there are 1 rental units.

What is the vacancy rate for rentals in Spring Valley?

The rental vacancy rate in Spring Valley is 2 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 Spring Valley for each bedroom size?

Occupied Rental Units by Size in Spring Valley
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
336 2,504 2,629 920 345
Occupied Rental Units by Size in Spring Valley

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

Among renter households in this market, 57 percent have housing cost burden. Further, 31 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 Spring Valley

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,386 to $3,700. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,386
One BR $2,451
Two BR $2,752
Three BR $3,434
Four BR $3,700
2024 Fair Market Rents in Spring Valley, New York

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

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 308 92 percent
One BR 1,201 48 percent
Two BR 870 33 percent
Rental Units Below FMR in Spring Valley, New York

How many affordable rental units are in Spring Valley?

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

Federal Program Unit Count
Low Income Housing Tax Credit 630
Public Housing 146
Section 8 Project-Based Rental Assistance 282
Section 811 Supportive Housing for Persons with Disabilities 22
Tracked Units by Federal Program in Spring Valley, New York

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

Income Based Apartments in Spring Valley, New York

Spring Valley features 431 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 Spring Valley, New York

There are 494 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Spring Valley.

Housing Choice Vouchers in Spring Valley, New York

On average, Section 8 Housing Choice vouchers pay Spring Valley landlords $1,200 per month towards rent. The average voucher holder contributes $500 towards rent in Spring Valley.

The maximum amount a voucher would pay on behalf of a low-income tenant in Spring Valley, New York for a two-bedroom apartment is between $2,477 and $3,027.

Sourced from federal housing data and AffordableHousingOnline.com research.