Low Income Apartments and Affordable Housing For Rent in Allegany County, NY

Discover affordable housing in Allegany County where there are 17+ 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.

Brookhaven

689 Trapping Brook Road, Wellsville, New York 14895

Highland Pointe Apartments

90 Howard St, Wellsville, New York 14895

Wellsville Woods

100 Merriam Hts, Wellsville, New York 14895

Erins Isle Apartments

3 Bristol St, Cuba, New York 14727

Colony Park

95 Johnson St, Wellsville, New York 14895

Merriam Heights Apartments

200 Merriam Hts, Wellsville, New York 14895

Belfast Manor Apartments

104 S Main St, Belfast, New York 14711

Belmont Village Court

13 Schuyler St, Belmont, New York 14813

Maple Apartments

30 Glen St, Alfred, New York 14802

Bolivar Manor

351 Main St, Bolivar, New York 14715

Friendship Country Est

18 Pennsylvania Ave, Friendship, New York 14739

23 North Apartments

23 North Main St, Wellsville, New York 14895

Friendship Country Estates

11 Pennsylvania Ave, Friendship, New York 14739

Apartments at the Belmont

48 Schuyler St, Belmont, New York 14813

Wellsville Senior Housing

152 Pine St, Wellsville, New York 14895

Alfred Senior Housing

34 Glen St, Alfred, New York 14802

State of New York

School St, Wellsville, New York 14895

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Allegany County, New York
$17.14/hour
$2.14 (+14%) more than New York minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Allegany County, New York Affordable Housing ↓

How many renters live in Allegany County, New York?

The County of Allegany County has 47,222 people living in 16,813 households.

There are 7,378 renters living in 3,229 renter households in this County. Renters make up 15.62 percent of the population living in Allegany County.

What is the rental market like in Allegany County, New York?

There are an estimated 23,636 housing units in the Allegany County area. Of these, 3,539 units are rental homes, making up 15 percent of the housing market. For every renter household in Allegany County, New York, there are 1 rental units.

What is the vacancy rate for rentals in Allegany County?

The rental vacancy rate in Allegany County is 8 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 Allegany County for each bedroom size?

Occupied Rental Units by Size in Allegany County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
53 846 1,103 908 207
Occupied Rental Units by Size in Allegany County

A large number of apartments in Allegany County 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 Allegany County are overburdened by housing costs?

Among renter households in this market, 41 percent have housing cost burden. Further, 23 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 Allegany County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $676 to $1,288. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $676
One BR $731
Two BR $905
Three BR $1,130
Four BR $1,288
2024 Fair Market Rents in Allegany County, New York

How many units are rented at Fair Market Rent (FMR) in Allegany County?

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 37 70 percent
One BR 646 76 percent
Two BR 782 71 percent
Rental Units Below FMR in Allegany County, New York

How many affordable rental units are in Allegany County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 295
Section 202 Supportive Housing for the Elderly 1
USDA Section 515 Rural Rental Housing 328
Tracked Units by Federal Program in Allegany County, New York

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

Income Based Apartments in Allegany County, New York

Allegany County features 248 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 Allegany County, New York

There are 231 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Allegany County.

Housing Choice Vouchers in Allegany County, New York

On average, Section 8 Housing Choice vouchers pay Allegany County landlords $1,000 per month towards rent. The average voucher holder contributes $300 towards rent in Allegany County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Allegany County, New York for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.