How many renters live in Trumansburg, New York?
The City of Trumansburg has people living in households.
There are renters living in renter households in this City. Renters make up 31.04 percent of the population living in Trumansburg.
What is the rental market like in Trumansburg, New York?
There are an estimated housing units in the Trumansburg area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Trumansburg, New York, there are 1.08 rental units.
What is the vacancy rate for rentals in Trumansburg?
The rental vacancy rate in Trumansburg is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Trumansburg for each bedroom size?
Occupied Rental Units by Size in Trumansburg
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 101 | 147 | 28 | 14 |
Occupied Rental Units by Size in Trumansburg
A large number of apartments in Trumansburg 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 Trumansburg
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,311 to $2,229. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,311 |
| One BR | $1,434 |
| Two BR | $1,664 |
| Three BR | $2,056 |
| Four BR | $2,229 |
2024 Fair Market Rents in Trumansburg, New York
How many units are rented at Fair Market Rent (FMR) in Trumansburg?
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 | 99 | 98 percent |
| Two BR | 109 | 74 percent |
Rental Units Below FMR in Trumansburg, New York
How many affordable rental units are in Trumansburg?
There are a variety of federal affordable housing programs serving households in Trumansburg, New York including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Trumansburg, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Trumansburg, New York
Trumansburg features 64 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 Trumansburg, New York
There are 44 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Trumansburg.
Housing Choice Vouchers in Trumansburg, New York
On average, Section 8 Housing Choice vouchers pay Trumansburg landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Trumansburg.
The maximum amount a voucher would pay on behalf of a low-income tenant in Trumansburg, New York for a two-bedroom apartment is between $1,498 and $1,830.
Sourced from federal housing data and AffordableHousingOnline.com research.