Low Income Apartments and Affordable Housing For Rent in Sylvan Beach, NY

Discover affordable housing in Sylvan Beach 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.

2400 Main Street

2400 Main St, Sylvan Beach, New York 13157

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sylvan Beach, New York
$18.79/hour
$3.79 (+25%) more than New York minimum wage and $11.54 (+159%) more than the Federal minimum wage.
Learn More About Sylvan Beach, New York Affordable Housing ↓

What HUD offices serve Sylvan Beach, 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) programs for Sylvan Beach, New York.

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

How many renters live in Sylvan Beach, New York?

The City of Sylvan Beach has 856 people living in 440 households.

There are 349 renters living in 153 renter households in this City. Renters make up 40.77 percent of the population living in Sylvan Beach.

What is the rental market like in Sylvan Beach, New York?

There are an estimated 931 housing units in the Sylvan Beach area. Of these, 153 units are rental homes, making up 16 percent of the housing market. For every renter household in Sylvan Beach, New York, there are 1 rental units.

What is the vacancy rate for rentals in Sylvan Beach?

The rental vacancy rate in Sylvan Beach 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 Sylvan Beach for each bedroom size?

Occupied Rental Units by Size in Sylvan Beach
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 46 79 12 12
Occupied Rental Units by Size in Sylvan Beach

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

Among renter households in this market, 15 percent have housing cost burden. Further, 12 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 Sylvan Beach

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $785 to $1,410. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $785
One BR $790
Two BR $992
Three BR $1,199
Four BR $1,410
2024 Fair Market Rents in Sylvan Beach, New York

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

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 30 65 percent
Two BR 29 37 percent
Rental Units Below FMR in Sylvan Beach, New York

How many affordable rental units are in Sylvan Beach?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 14
Tracked Units by Federal Program in Sylvan Beach, New York

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

Income Based Apartments in Sylvan Beach, New York

Sylvan Beach 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 Sylvan Beach, New York

There are 14 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sylvan Beach.

Housing Choice Vouchers in Sylvan Beach, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Sylvan Beach, New York for a two-bedroom apartment is between $893 and $1,091.

Sourced from federal housing data and AffordableHousingOnline.com research.