; Low Income Apartments For Rent in Monsey, NY

Esther Dashew Apartments

20 Secora Rd
Monsey, New York
Subsidized
PBRA
BMIR

Crest Court

31 Crest Ct
Monsey, New York
Rent Assisted
LIHTC
Showing Results 1-15
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There are 50 low-income apartments in Monsey that offer reduced rents to eligible households.

Rental assistance programs support 107 low-income homes in Monsey where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $453 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 Monsey, 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
Village of Kaser Section 8 Housing Choice Voucher (HCV)
Rockland County Department of Social Services Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Voucher (PBV); Mainstream Voucher
Town of Ramapo Housing Authority Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Voucher (PBV)
Go to the New York Public Housing and Low-Income Apartments Waiting Lists page for openings near Monsey.

Monsey, New York Affordable Housing Data

Income Based Apartments in Monsey, New York

Monsey features 107 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 Monsey, New York

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Monsey.

Housing Choice Vouchers in Monsey, New York

On average, Section 8 Housing Choice vouchers pay Monsey landlords $1,200 per month towards rent. The average voucher holder contributes $500 towards rent in Monsey.

The maximum amount a voucher would pay on behalf of a low-income tenant in Monsey, New York for a two-bedroom apartment is between $2,477 and $3,027.

2024 Monsey, 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
Monsey, New York Fair Market Rent $2,386 $2,451 $2,752 $3,434 $3,700
Monsey, New York Payment Standard Range $2,147 to $2,625 $2,206 to $2,696 $2,477 to $3,027 $3,091 to $3,777 $3,330 to $4,070

Sourced from federal housing data and AffordableHousingOnline.com research.

Monsey, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 157
Total Housing Units with Rental Assistance 107
Percentage of Housing Units Occupied By Renters 60.54%
Average Renter Household Size 5.73
Average Household Size 5.36
Median Household Income $37,426 ±$7,673
Median Rent $1,333 ±$109
Percentage Of Renters Overburdened 66.9% ± 6.22pp
Total Population 21,001

Population and Household Demographics

Monsey is a city in Rockland County, New York with a population of 21,001. There are 3,842 households in the city with an average household size of 5.36 persons. 60.54% of households in Monsey are renters.

Income and Rent Overburden in Monsey

The median gross income for households in Monsey is $37,426 a year, or $3,119 a month. The median rent for the city is $1,333 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Monsey, a household making less than $4,443 a month would be considered overburdened when renting an apartment at or above the median rent. 66.9% of households who rent are overburdened in Monsey.

Area Median Income In Monsey

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 Monsey, the AMI is calculated from all households within Rockland County.

In Monsey, HUD calculates the Area Median Income for a family of four as $130,700

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 Monsey

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 Monsey

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30% AMI Income Limits
Renters earning up to 30% of the Monsey AMI may qualify for rental assistance programs that target Extremely Low Income households.
$29,650 $33,900 $38,150 $42,350 $45,750 $49,150 $52,550 $55,950
50% AMI Income Limits
Renters earning up to 50% of the Monsey AMI may qualify for rental assistance programs that target Very Low Income households.
$49,450 $56,500 $63,550 $70,600 $76,250 $81,900 $87,550 $93,200
80% AMI Income Limits
Renters earning up to 80% of the Monsey AMI may qualify for rental assistance programs that target Low Income households.
$79,200 $90,500 $101,800 $113,100 $122,150 $131,200 $140,250 $149,300