Affordable Housing In Sterling
Cayuga County, New York

1 Low Income Apartment Communities In Sterling

Fairhaven Apartments

14615 Lake St
Sterling, New York
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Housing Authorities that serve Sterling

Housing Authority Programs
Cayuga County Homsite Development Corporation Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Sterling, New York

There are 1 low income housing apartment communities offering 24 affordable apartments for rent in Sterling, New York.

Income Based Apartments in Sterling, New York

Sterling 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 Sterling, New York

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

Housing Choice Vouchers in Sterling, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Sterling, New York for a two-bedroom apartment is between $762 and $932.

2021 Sterling, 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
Sterling, New York Fair Market Rent $638 $685 $847 $1,076 $1,197
Sterling, New York Payment Standard Range $574 to $702 $617 to $754 $762 to $932 $968 to $1,184 $1,077 to $1,317

Sourced from federal housing data and AffordableHousingOnline.com research.

Sterling, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Sterling is a city in Cayuga County, New York with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Sterling are renters.

Income and Rent Overburden in Sterling

The median gross income for households in Sterling is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Sterling

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 Sterling, the AMI is calculated from all households within Cayuga County.

In Sterling, HUD calculates the Area Median Income for a family of four as $77,400

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 Sterling

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 Sterling

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Sterling AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,700 $17,950 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Sterling AMI may qualify for rental assistance programs that target Very Low Income households.
$26,150 $29,850 $33,600 $37,300 $40,300 $43,300 $46,300 $49,250
80% AMI Income Limits
Renters earning up to 80% of the Sterling AMI may qualify for rental assistance programs that target Low Income households.
$41,800 $47,800 $53,750 $59,700 $64,500 $69,300 $74,050 $78,850