; Low Income Apartments For Rent in Canisteo, NY

Canisteo Manor

11 5th St
Canisteo, New York
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

State of New York

3 5th St
Canisteo, New York
Rent Assisted
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There are 24 low-income apartments in Canisteo that offer reduced rents to eligible households.

Rental assistance programs support 24 low-income homes in Canisteo where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Canisteo, 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.

Housing Authority Programs
Arbor Housing and Development -
Go to the New York Public Housing and Low-Income Apartments Waiting Lists page for openings near Canisteo.

Canisteo, New York Affordable Housing Data

Income Based Apartments in Canisteo, New York

Canisteo 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 Canisteo, New York

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Canisteo.

Housing Choice Vouchers in Canisteo, New York

On average, Section 8 Housing Choice vouchers pay Canisteo landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Canisteo.

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

2024 Canisteo, New York Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Canisteo, New York Fair Market Rent $743 $759 $905 $1,167 $1,497
Canisteo, New York Payment Standard Range $669 to $817 $683 to $835 $815 to $996 $1,050 to $1,284 $1,347 to $1,647

Sourced from federal housing data and AffordableHousingOnline.com research.

Canisteo, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 48
Total Housing Units with Rental Assistance 24
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Canisteo is a city in Steuben County, New York with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Canisteo are renters.

Income and Rent Overburden in Canisteo

The median gross income for households in Canisteo is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Canisteo

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Canisteo, the AMI is calculated from all households within Steuben County.

In Canisteo, HUD calculates the Area Median Income for a family of four as $88,700

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 Canisteo

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 HUD Rental Assistance in Canisteo

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Canisteo AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,500 $20,000 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Canisteo AMI may qualify for rental assistance programs that target Very Low Income households.
$29,200 $33,400 $37,550 $41,700 $45,050 $48,400 $51,750 $55,050
80% AMI Income Limits
Renters earning up to 80% of the Canisteo AMI may qualify for rental assistance programs that target Low Income households.
$46,700 $53,400 $60,050 $66,700 $72,050 $77,400 $82,750 $88,050