Low Income Apartments and Affordable Housing For Rent in Woodstock, NY

Discover affordable housing in Woodstock 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.

Woodstock Commons

154 Tinker St, Woodstock, New York 12498

calendar_today Opened: Jan 30
calendar_today Closed: Feb 14,

Reported On January 30th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Woodstock, New York
$32.23/hour
$17.23 (+115%) more than New York minimum wage and $24.98 (+345%) more than the Federal minimum wage.
Learn More About Woodstock, New York Affordable Housing ↓

What HUD offices serve Woodstock, 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 Woodstock, New York.

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

How many renters live in Woodstock, New York?

The City of Woodstock has 2,873 people living in 1,512 households.

There are 1,071 renters living in 585 renter households in this City. Renters make up 37.28 percent of the population living in Woodstock.

What is the rental market like in Woodstock, New York?

There are an estimated 1,818 housing units in the Woodstock area. Of these, 622 units are rental homes, making up 34 percent of the housing market. For every renter household in Woodstock, New York, there are 1 rental units.

What is the vacancy rate for rentals in Woodstock?

The rental vacancy rate in Woodstock is 2 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 Woodstock for each bedroom size?

Occupied Rental Units by Size in Woodstock
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
44 293 72 139 37
Occupied Rental Units by Size in Woodstock

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

Among renter households in this market, 63 percent have housing cost burden. Further, 50 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 Woodstock

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,284 to $2,459. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,284
One BR $1,308
Two BR $1,702
Three BR $2,198
Four BR $2,459
2024 Fair Market Rents in Woodstock, New York

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

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 32 73 percent
One BR 92 31 percent
Two BR 25 35 percent
Rental Units Below FMR in Woodstock, New York

How many affordable rental units are in Woodstock?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Woodstock, New York

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

Income Based Apartments in Woodstock, New York

Woodstock features 24 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 Woodstock, New York

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Woodstock.

Housing Choice Vouchers in Woodstock, New York

On average, Section 8 Housing Choice vouchers pay Woodstock landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Woodstock.

The maximum amount a voucher would pay on behalf of a low-income tenant in Woodstock, New York for a two-bedroom apartment is between $1,532 and $1,872.

Sourced from federal housing data and AffordableHousingOnline.com research.