What HUD offices serve Wappingers Falls, 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.
Go to the New York Public Housing and Low-Income Apartments Waiting Lists page for openings near Wappingers Falls.
How many renters live in Wappingers Falls, New York?
The City of Wappingers Falls has 5,775 people living in 2,515 households.
There are 3,394 renters living in 1,725 renter households in this City. Renters make up 58.77 percent of the population living in Wappingers Falls.
What is the rental market like in Wappingers Falls, New York?
There are an estimated 2,586 housing units in the Wappingers Falls area. Of these, 1,774 units are rental homes, making up 69 percent of the housing market. For every renter household in Wappingers Falls, New York, there are 1 rental units.
What is the vacancy rate for rentals in Wappingers Falls?
The rental vacancy rate in Wappingers Falls is 3 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 Wappingers Falls for each bedroom size?
Occupied Rental Units by Size in Wappingers Falls
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 130 | 689 | 736 | 170 | 0 |
Occupied Rental Units by Size in Wappingers Falls
A large number of apartments in Wappingers Falls 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 Wappingers Falls are overburdened by housing costs?
Among renter households in this market, 59 percent have housing cost burden. Further, 28 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 Wappingers Falls
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 Wappingers Falls, New York
How many units are rented at Fair Market Rent (FMR) in Wappingers Falls?
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 | 106 | 82 percent |
| One BR | 515 | 75 percent |
| Two BR | 359 | 49 percent |
Rental Units Below FMR in Wappingers Falls, New York
How many affordable rental units are in Wappingers Falls?
There are a variety of federal affordable housing programs serving households in Wappingers Falls, New York including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 32 |
Tracked Units by Federal Program in Wappingers Falls, New York
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Wappingers Falls, New York
Wappingers Falls 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 Wappingers Falls, New York
There are 236 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wappingers Falls.
Housing Choice Vouchers in Wappingers Falls, New York
On average, Section 8 Housing Choice vouchers pay Wappingers Falls landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Wappingers Falls.
The maximum amount a voucher would pay on behalf of a low-income tenant in Wappingers Falls, New York for a two-bedroom apartment is between $1,643 and $2,008.
Sourced from federal housing data and AffordableHousingOnline.com research.
