Low Income Apartments and Affordable Housing For Rent in Tuxedo Park, NY

Discover affordable housing in Tuxedo Park 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.

Tuxedo Place

38 Hospital Rd, Tuxedo Park, New York 10987

calendar_today Opened: Sep 9
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tuxedo Park, New York
$34.56/hour
$19.56 (+130%) more than New York minimum wage and $27.31 (+377%) more than the Federal minimum wage.
Learn More About Tuxedo Park, New York Affordable Housing ↓

What HUD offices serve Tuxedo Park, 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 Tuxedo Park, New York.

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

How many renters live in Tuxedo Park, New York?

The City of Tuxedo Park has 700 people living in 395 households.

There are 70 renters living in 47 renter households in this City. Renters make up 10 percent of the population living in Tuxedo Park.

What is the rental market like in Tuxedo Park, New York?

There are an estimated 487 housing units in the Tuxedo Park area. Of these, 47 units are rental homes, making up 10 percent of the housing market. For every renter household in Tuxedo Park, New York, there are 1 rental units.

What is the vacancy rate for rentals in Tuxedo Park?

The rental vacancy rate in Tuxedo Park 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 Tuxedo Park for each bedroom size?

Occupied Rental Units by Size in Tuxedo Park
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2 26 10 7 2
Occupied Rental Units by Size in Tuxedo Park

A large number of apartments in Tuxedo Park 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 Tuxedo Park are overburdened by housing costs?

Among renter households in this market, 34 percent have housing cost burden. Further, 21 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 Tuxedo Park

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,237 to $2,560. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,237
One BR $1,419
Two BR $1,825
Three BR $2,315
Four BR $2,560
2024 Fair Market Rents in Tuxedo Park, New York

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

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 1 50 percent
One BR 14 54 percent
Two BR 3 30 percent
Rental Units Below FMR in Tuxedo Park, New York

How many affordable rental units are in Tuxedo Park?

Income Based Apartments in Tuxedo Park, New York

Tuxedo Park 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 Tuxedo Park, New York

There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tuxedo Park.

Housing Choice Vouchers in Tuxedo Park, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Tuxedo Park, New York for a two-bedroom apartment is between $1,643 and $2,008.

Sourced from federal housing data and AffordableHousingOnline.com research.