Low Income Apartments For Rent in Little Falls, NY

Rental assistance programs support 0 low-income homes in Little Falls where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $272 towards rent each month.

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 Little 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
Little Falls Housing Authority	Section 8 Housing Choice Voucher (HCV)

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

Little Falls, New York Affordable Housing Data

Income Based Apartments in Little Falls, New York

Little Falls features 0 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 Little Falls, New York

There are 33 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Little Falls.

Housing Choice Vouchers in Little Falls, New York

On average, Section 8 Housing Choice vouchers pay Little Falls landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Little Falls.

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

2024 Little 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
Little Falls, New York Fair Market Rent	$785	$790	$992	$1,199	$1,410
Little Falls, 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.

Little Falls, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 2

Total Low Income Apartments 33

Total Housing Units with Rental Assistance 0

Percentage of Housing Units Occupied By Renters 46.67%

Average Renter Household Size 2.03

Average Household Size 2.24

Median Household Income $38,897 ±$2,609

Median Rent $586 ±$35

Percentage Of Renters Overburdened 37.25% ± 8.88pp

Total Population 4,878

Total Affordable Apartment Properties	2
Total Low Income Apartments	33
Total Housing Units with Rental Assistance	0
Percentage of Housing Units Occupied By Renters	46.67%
Average Renter Household Size	2.03
Average Household Size	2.24
Median Household Income	$38,897 ±$2,609
Median Rent	$586 ±$35
Percentage Of Renters Overburdened	37.25% ± 8.88pp
Total Population	4,878

Population and Household Demographics

Little Falls is a city in Herkimer County, New York with a population of 4,878. There are 2,117 households in the city with an average household size of 2.24 persons. 46.67% of households in Little Falls are renters.

Income and Rent Overburden in Little Falls

The median gross income for households in Little Falls is $38,897 a year, or $3,241 a month. The median rent for the city is $586 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Little Falls, a household making less than $1,953 a month would be considered overburdened when renting an apartment at or above the median rent. 37.25% of households who rent are overburdened in Little Falls.

Area Median Income In Little 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 Little Falls, the AMI is calculated from all households within Herkimer County.

In Little Falls, 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 Little 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 Little 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 Little Falls 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 Little Falls 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 Little Falls 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