; Low Income Apartments For Rent in Herkimer County, NY

411 Elmwood Cir

411 Elmwood Cir
Frankfort, New York
$1,175
3 BR

26 W Main St

26 W Main St
Mohawk, New York
$625
1 BR

7488 S State St

7488 S State St
Lowville, New York
$1,150
3 BR

7488 S State St

7488 S State St
Lowville, New York
$1,150
3 BR

7155 Number Four Rd Unit 1

7155 Number Four Rd Unit 1
Lowville, New York
$950
2 BR

Academy Apartments

621 John St
Little Falls, New York
Rent Assisted
LIHTC

Nathan Castle Apartments

249 S Main St
Herkimer, New York
Rent Assisted
LIHTC

Crestwood Terrace

Hillside Meadows Dr
Newport, New York
Rent Assisted
LIHTC

General Winfield Scott House

56 South Street
West Winfield, New York
Rent Assisted
Senior
Supportive
S515

Hillside Meadow Drive

Hillside Meadow Dr
Newport, New York
Rent Assisted
HOME

Eastern Creekside Midtown

315 N Prospect St
Herkimer, New York
Subsidized
Public Housing

52 - 58 Petrie Street

52 Petrie St
Little Falls, New York
Rent Assisted
LIHTC
Showing Results 16-27

There are 218 low-income apartments in Herkimer County that offer reduced rents to eligible households.

Rental assistance programs support 573 low-income homes in Herkimer County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $315 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Herkimer County, New York Affordable Housing Data

Income Based Apartments in Herkimer County, New York

Herkimer County features 573 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 Herkimer County, New York

There are 218 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Herkimer County.

Housing Choice Vouchers in Herkimer County, New York

On average, Section 8 Housing Choice vouchers pay Herkimer County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Herkimer County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Herkimer County, New York for a two-bedroom apartment is between $893 and $1,091.

2024 Herkimer County, 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
Herkimer County, New York Fair Market Rent $785 $790 $992 $1,199 $1,410
Herkimer County, New York Payment Standard Range $707 to $864 $711 to $869 $893 to $1,091 $1,079 to $1,319 $1,269 to $1,551

Sourced from federal housing data and AffordableHousingOnline.com research.

Herkimer County, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 27
Total Low Income Apartments 798
Total Housing Units with Rental Assistance 573
Percentage of Housing Units Occupied By Renters 28.99%
Average Renter Household Size 2.16
Average Household Size 2.40
Median Household Income $46,229 ±$1,711
Median Rent $623 ±$19
Percentage Of Renters Overburdened 40.85% ± 3.62pp
Total Population 64,034

Population and Household Demographics

Herkimer County is a county in New York with a population of 64,034. There are 26,130 households in the county with an average household size of 2.40 persons. 28.99% of households in Herkimer County are renters.

Income and Rent Overburden in Herkimer County

The median gross income for households in Herkimer County is $46,229 a year, or $3,852 a month. The median rent for the county is $623 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Herkimer County, a household making less than $2,077 a month would be considered overburdened when renting an apartment at or above the median rent. 40.85% of households who rent are overburdened in Herkimer County.

Area Median Income In Herkimer 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 Herkimer County, HUD calculates the Area Median Income for a family of four as $85,200

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 Herkimer 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 HUD Rental Assistance in Herkimer County

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 Herkimer County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,900 $20,450 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Herkimer County AMI may qualify for rental assistance programs that target Very Low Income households.
$29,850 $34,100 $38,350 $42,600 $46,050 $49,450 $52,850 $56,250
80% AMI Income Limits
Renters earning up to 80% of the Herkimer County AMI may qualify for rental assistance programs that target Low Income households.
$47,750 $54,550 $61,350 $68,150 $73,650 $79,100 $84,550 $90,000