Low Income Apartments For Rent in Glens Falls, NY

Rental assistance programs support 442 low-income homes in Glens Falls where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $368 towards rent each month.

Affordable rent data for some communities last confirmed on June 18th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Glens Falls, 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
Glens Falls Housing Authority	Section 8 Housing Choice Voucher (HCV); Public Housing

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

Glens Falls, New York Affordable Housing Data

Income Based Apartments in Glens Falls, New York

Glens Falls features 442 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 Glens Falls, New York

There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Glens Falls.

Housing Choice Vouchers in Glens Falls, New York

On average, Section 8 Housing Choice vouchers pay Glens Falls landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Glens Falls.

The maximum amount a voucher would pay on behalf of a low-income tenant in Glens Falls, New York for a two-bedroom apartment is between $1,156 and $1,412.

2024 Glens Falls, 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
Glens Falls, New York Fair Market Rent	$939	$1,025	$1,284	$1,662	$1,710
Glens Falls, New York Payment Standard Range	$845 to $1,033	$923 to $1,128	$1,156 to $1,412	$1,496 to $1,828	$1,539 to $1,881

Sourced from federal housing data and AffordableHousingOnline.com research.

Glens Falls, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 6

Total Low Income Apartments 522

Total Housing Units with Rental Assistance 442

Percentage of Housing Units Occupied By Renters 49.74%

Average Renter Household Size 2.00

Average Household Size 2.22

Median Household Income $45,395 ±$3,760

Median Rent $806 ±$32

Percentage Of Renters Overburdened 49.67% ± 5.28pp

Total Population 14,496

Total Affordable Apartment Properties	6
Total Low Income Apartments	522
Total Housing Units with Rental Assistance	442
Percentage of Housing Units Occupied By Renters	49.74%
Average Renter Household Size	2.00
Average Household Size	2.22
Median Household Income	$45,395 ±$3,760
Median Rent	$806 ±$32
Percentage Of Renters Overburdened	49.67% ± 5.28pp
Total Population	14,496

Population and Household Demographics

Glens Falls is a city in Warren County, New York with a population of 14,496. There are 6,443 households in the city with an average household size of 2.22 persons. 49.74% of households in Glens Falls are renters.

Income and Rent Overburden in Glens Falls

The median gross income for households in Glens Falls is $45,395 a year, or $3,783 a month. The median rent for the city is $806 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Glens Falls, a household making less than $2,687 a month would be considered overburdened when renting an apartment at or above the median rent. 49.67% of households who rent are overburdened in Glens Falls.

Area Median Income In Glens Falls

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 Glens Falls, the AMI is calculated from all households within Warren County.

In Glens Falls, HUD calculates the Area Median Income for a family of four as $90,600

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 Glens Falls

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 Glens Falls

	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 Glens Falls AMI may qualify for rental assistance programs that target Extremely Low Income households.	$19,050	$21,800	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Glens Falls AMI may qualify for rental assistance programs that target Very Low Income households.	$31,750	$36,250	$40,800	$45,300	$48,950	$52,550	$56,200	$59,800
80% AMI Income Limits Renters earning up to 80% of the Glens Falls AMI may qualify for rental assistance programs that target Low Income households.	$50,750	$58,000	$65,250	$72,500	$78,300	$84,100	$89,900	$95,700