Low Income Apartments and Affordable Housing For Rent in New York City, NY (2024)

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Discover affordable housing in New York City where there are 750+ 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.

Terrace Gardens

195 Steuben St, New York City, New York 10304

bed1-3

26-14 Jackson

26-14 Jackson Ave, New York City, New York 11101

bedStudio-2

Dock Street Dumbo

60 Water Street, New York City, New York 11201

bedStudio-2

River Park Towers Apartments

55 Richman Plaza, New York City, New York 10453

bed2

Scholes Senior Housing

64 Scholes St., New York City, New York 11206

bedStudio-1

New Settlement Apartments

Scattered Sites, New York City, New York 10452

Surf Vets Place

3003 W 21st ST, New York City, New York 11224

bedStudio-3

Marine Terrace

19-14 20th Ave., New York City, New York 11105

bed1-3

East 162 Street Court

294 East 162 St., New York City, New York 10451

bedStudio-3

Newport Gardens

165 Lott Avenue and 645 Thatford Avenue, New York City, New York 11212

The Greenpoint

23 India St., New York City, New York 11222

bedStudio-2

Tres Puentes

2550 Third Ave., New York City, New York 10454

bedStudio-1

El Rio II

2064 Boston Road, New York City, New York 10460

bedStudio

payment$1002/mo.

902 Jennings

902 Jennings St, New York City, New York 10460

bed1-3

payment$1002-1628/mo.

Hegeman

212 Hegeman Ave, New York City, New York 11212

bedStudio

Webster Avenue

411 E 178th St., New York City, New York 10457

bedStudio

St. Augustine Terrace

1180 Fulton Ave., New York City, New York 10456

bed1-3

Summit New York

222 E. 44th St., New York City, New York 10017

bedStudio-2

Maria Isabel Housing

787 E 149th St, New York City, New York 10455

CAMBA Gardens Phase II

560 Winthrop St., New York City, New York 11203

bedStudio-3

payment$822-1228/mo.

How To Identify Affordable Housing in New York City, New York

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.
New York City Section 8 Voucher Waiting List Opens June 3, 2024

calendar_today Opened: Jun 3, 2024

calendar_today Closes: Jun 9, 2024

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touch_app Get the Application

Reported On June 3rd, 2024 byNathan Brunet

Referral Only New York City, New York Section 8 HCV

calendar_today Opened: Jun 8, 2020

calendar_today Closes: Jun 8, 2030

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touch_app Get the Application

Reported On February 23rd, 2024 byNathan Brunet

Back to rentals ↑

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In New York City, New York

$52.12/hour

$37.12

(+247%) more than New York minimum wage and

$44.87

(+619%) more than the Federal minimum wage.

Learn More About New York City, New York Affordable Housing ↓

What HUD offices serve New York City, 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.

New York City Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH), Mainstream Voucher programs for New York City, New York.

New York City Department of Housing Preservation and Development

Operates the Section 8 Housing Choice Voucher (HCV) programs for New York City, New York.

New York State Homes and Community Renewal

Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Homeownership programs for New York City, New York.

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

How many renters live in New York City, New York?

The City of New York City has people living in households.

There are renters living in renter households in this City. Renters make up 62.18 percent of the population living in New York City.

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

There are an estimated housing units in the New York City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in New York City, New York, there are 1.04 rental units.

What is the vacancy rate for rentals in New York City?

The rental vacancy rate in New York City 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 New York City for each bedroom size?

Occupied Rental Units by Size in New York City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
286,622 794,954 760,473 361,963 55,804

Occupied Rental Units by Size in New York City

A large number of apartments in New York City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many units are rented at Fair Market Rent (FMR) in New York City?

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 132,924 46 percent
One BR 344,459 43 percent
Two BR 289,949 38 percent

Rental Units Below FMR in New York City, New York

How many affordable rental units are in New York City?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 236 Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in New York City, New York

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

Income Based Apartments in New York City, New York

New York City features 253,616 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 New York City, New York

There are 146,901 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New York City.

Housing Choice Vouchers in New York City, New York

On average, Section 8 Housing Choice vouchers pay New York City landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in New York City.

The maximum amount a voucher would pay on behalf of a low-income tenant in New York City, New York for a two-bedroom apartment is between $2,477 and $3,027.

Sourced from federal housing data and AffordableHousingOnline.com research.

Affordable Housing Tip

Keep a record of past landlord issues.

Having some marks on your rental history will not disqualify you from federal housing, but be prepared to explain situations like an eviction.

What Renters Say About Us

Gordon Gross says:

"The best feature of Affordable Housing Online is being notified by email when a waiting list opens, or is scheduled to do so. I'm very grateful for this website's services."

Low Income Apartments and Affordable Housing For Rent in New York City, NY (2024)

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