Cheap Apartments In Yates County
New York


Waiting List Openings In Yates County

Waiting ListStatus
Pathstone Corporation Housing Choice Voucher Open Now

Low Income Apartments In Yates County

Vineland

100 McKinley Avenue
Penn Yan, NY
2-3 BR
HCV Welcome

St Marks Terrace

110 Chapel St
Penn Yan, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

St Marks Terrace Dundee

36 Millard St
Dundee, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Highland Park Apartments

4 Highland Dr
Dundee, NY

Meadowside II Apartments

120 Eagle Ln
Penn Yan, NY
HCV Welcome

Rushville Family Housing

35 Hollister St
Dundee, NY
HCV Welcome

Walnut Hill Apartments

150 Walnut St
Penn Yan, NY

Conifer Dundee Associates

28 Millard St
Dundee, NY
HCV Welcome

Conifer Penn Yan Associates

200 Walnut St
Penn Yan, NY
HCV Welcome

Meadowside Apartments

1985 Himrod Rd
Penn Yan, NY
HCV Welcome
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There are 10 low income housing apartment complexes which contain 781 affordable apartments for rent in Yates County, New York. Many of these rental apartments are income based housing with about 249 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 105 Project-Based Section 8 subsidized apartments in Yates County. There are 787 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Yates County

Housing Authority Programs
Pathstone Corporation Section 8 Housing Choice Voucher

Understanding Affordable Housing in Yates County, New York

Yates County, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 781
Total Rent Assisted Apartments 249
Percentage of Housing Units Occupied By Renters 23.35%
Average Renter Household Size 2.24
Total Population 25,187
Housing Units 9,725
Average Household Size 2.46
Median Household Income $49,510 ±$2,414
Median Rent $688 ±$32
Percentage Of Renters Overburdened 46.59% ± 6.12pp

Population and Household Demographics

Yates County is a County in New York with a population of 25,187. There are 9,725 households in the county with an average household size of 2.46 persons. 23.35% of households in Yates County are renters.

Income and Rent Overburden in Yates County

The median gross income for households in Yates County is $49,510 a year, or $4,126 a month. The median rent for the county is $688 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Yates County, a household making less than $2,293 a month would be considered overburdened when renting an apartment at or above the median rent. 46.59% of households who rent are overburdened in Yates County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 6.12 percentage points.

Area Median Income In Yates County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Yates County, HUD calculates the Area Median Income for a family of four as $64,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Yates County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Yates County HUD Rental Assistance in Yates County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,650 $16,460 $20,780 $25,100 $29,420 $33,740 $38,060 $42,380
50% of Median $22,750 $26,000 $29,250 $32,450 $35,050 $37,650 $40,250 $42,850
80% of Median $36,350 $41,550 $46,750 $51,900 $56,100 $60,250 $64,400 $68,550

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Yates County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1991 to 2004, 6 low income apartment communities containing 278 rental apartments have been constructed and made affordable to low income persons in Yates County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Yates County by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Yates County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,750 $26,000 $29,250 $32,450 $35,050 $37,650 $40,250 $42,850
60% of Median $27,300 $31,200 $35,100 $38,940 $42,060 $45,180 $48,300 $51,420

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Yates County is $35,100 a year, or $2,925 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,925 by 30% to get a maximum rent of $878 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $569 $609 $731 $844 $941 $1,039
60% $683 $731 $878 $1,013 $1,130 $1,247
Fair Market Rents in Yates County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$521 $647 $760 $1,024 $1,027

Cities In Yates County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Penn Yan 6 The HUD funded Public Housing Agency that serves Penn Yan is the Pathstone Corporation.
Dundee 4 The HUD funded Public Housing Agency that serves Dundee is the Pathstone Corporation.
Barrington 0 The HUD funded Public Housing Agency that serves Barrington is the Pathstone Corporation.
Benton 0 The HUD funded Public Housing Agency that serves Benton is the Pathstone Corporation.
Dresden 0 The HUD funded Public Housing Agency that serves Dresden is the Pathstone Corporation.
Italy 0 The HUD funded Public Housing Agency that serves Italy is the Pathstone Corporation.
Jerusalem 0 The HUD funded Public Housing Agency that serves Jerusalem is the Pathstone Corporation.
Keuka Park 0 The HUD funded Public Housing Agency that serves Keuka Park is the Pathstone Corporation.
Middlesex 0 The HUD funded Public Housing Agency that serves Middlesex is the Pathstone Corporation.
Milo 0 The HUD funded Public Housing Agency that serves Milo is the Pathstone Corporation.
Potter 0 The HUD funded Public Housing Agency that serves Potter is the Pathstone Corporation.
Starkey 0 The HUD funded Public Housing Agency that serves Starkey is the Pathstone Corporation.
Torrey 0 The HUD funded Public Housing Agency that serves Torrey is the Pathstone Corporation.