; Low Income Apartments For Rent in Ithaca, NY

Apply to Ithaca Apartment Waiting Lists

Cayuga Flats

Scattered Sites
Ithaca, New York
Rent Assisted
LIHTC
Call For Rent
Studio-3 BR

Family Sites

503 Hancock St
Ithaca, New York
Subsidized
Public Housing

Titus Towers

800 S Plain St
Ithaca, New York
Subsidized
Public Housing
Call For Rent
1 BR

Linderman Creek Apartments

103 Conifer Cir
Ithaca, New York
Rent Assisted
LIHTC

Conifer Village at Cayuga Meadows

108 Aster Ln.
Ithaca, New York
Rent Assisted
LIHTC
$957-1,142
1-2 BR

210 Hancock Apartments

210 Hancock St
Ithaca, New York
Subsidized
Rent Assisted
LIHTC
PBV
$850-1,600
3 BR

Founder's Ways

320 W Buffalo St
Ithaca, New York
Rent Assisted
LIHTC
Call For Rent
Studio-3 BR

Breckenridge Place

100 W Seneca St
Ithaca, New York
Rent Assisted
HOME
LIHTC
Call For Rent
1-2 BR

Ithaca Special Needs Sro

320 3rd St
Ithaca, New York
Rent Assisted
LIHTC

The Overlook at West Hill Phase II

340 W Hill Cir
Ithaca, New York
Rent Assisted
LIHTC

The Overlook at West Hill

120 W Hill Cir
Ithaca, New York
Rent Assisted
LIHTC

Chartwell House

322 N MEADOW ST
Ithaca, New York

Floral Av Rental Housing Rehabilitation

356 Floral Ave
Ithaca, New York
Rent Assisted
HOME

Mcgraw House

700 McGraw House
Ithaca, New York
Subsidized
Rent Assisted
S236
BMIR
Showing Results 46-59

There are 1,206 low-income apartments in Ithaca that offer reduced rents to eligible households.

Rental assistance programs support 412 low-income homes in Ithaca where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $364 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.

Public Housing Agencies Serving Ithaca, 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
Ithaca 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 Ithaca.

Ithaca, New York Affordable Housing Data

Income Based Apartments in Ithaca, New York

Ithaca features 412 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 Ithaca, New York

There are 1,206 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ithaca.

Housing Choice Vouchers in Ithaca, New York

On average, Section 8 Housing Choice vouchers pay Ithaca landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Ithaca.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ithaca, New York for a two-bedroom apartment is between $1,498 and $1,830.

2024 Ithaca, 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
Ithaca, New York Fair Market Rent $1,311 $1,434 $1,664 $2,056 $2,229
Ithaca, New York Payment Standard Range $1,180 to $1,442 $1,291 to $1,577 $1,498 to $1,830 $1,850 to $2,262 $2,006 to $2,452

Sourced from federal housing data and AffordableHousingOnline.com research.

Ithaca, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 59
Total Low Income Apartments 1,792
Total Housing Units with Rental Assistance 412
Percentage of Housing Units Occupied By Renters 73.62%
Average Renter Household Size 2.28
Average Household Size 2.38
Median Household Income $30,436 ±$2,608
Median Rent $1,019 ±$46
Percentage Of Renters Overburdened 57.98% ± 4.82pp
Total Population 30,565

Population and Household Demographics

Ithaca is a city in Tompkins County, New York with a population of 30,565. There are 9,477 households in the city with an average household size of 2.38 persons. 73.62% of households in Ithaca are renters.

Income and Rent Overburden in Ithaca

The median gross income for households in Ithaca is $30,436 a year, or $2,536 a month. The median rent for the city is $1,019 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ithaca, a household making less than $3,397 a month would be considered overburdened when renting an apartment at or above the median rent. 57.98% of households who rent are overburdened in Ithaca.

Area Median Income In Ithaca

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 Ithaca, the AMI is calculated from all households within Tompkins County.

In Ithaca, HUD calculates the Area Median Income for a family of four as $112,000

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 Ithaca

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 Ithaca

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 Ithaca AMI may qualify for rental assistance programs that target Extremely Low Income households.
$22,300 $25,500 $28,700 $31,850 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Ithaca AMI may qualify for rental assistance programs that target Very Low Income households.
$37,150 $42,450 $47,750 $53,050 $57,300 $61,550 $65,800 $70,050
80% AMI Income Limits
Renters earning up to 80% of the Ithaca AMI may qualify for rental assistance programs that target Low Income households.
$59,400 $67,900 $76,400 $84,850 $91,650 $98,450 $105,250 $112,050