; Low Income Apartments For Rent in Savannah, NY

Apply to Savannah Apartment Waiting Lists

Spring Valley Apartments

1662 Lopez Ln
Savannah, New York
Rent Assisted
Senior
Supportive
S515
Showing Results 1-15
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There are 24 low-income apartments in Savannah that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Savannah where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Savannah, 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
Rochester Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Mainstream Voucher; Rental Assistance Demonstration (RAD); Housing Opportunities for Persons with AIDS (HOPWA); Family Unification Program (FUP)
Newark 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 Savannah.

Savannah, New York Affordable Housing Data

Income Based Apartments in Savannah, New York

Savannah 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 Savannah, New York

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Savannah.

Housing Choice Vouchers in Savannah, New York

On average, Section 8 Housing Choice vouchers pay Savannah landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Savannah.

The maximum amount a voucher would pay on behalf of a low-income tenant in Savannah, New York for a two-bedroom apartment is between $1,176 and $1,438.

2024 Savannah, 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
Savannah, New York Fair Market Rent $938 $1,050 $1,307 $1,580 $1,741
Savannah, New York Payment Standard Range $844 to $1,032 $945 to $1,155 $1,176 to $1,438 $1,422 to $1,738 $1,567 to $1,915

Sourced from federal housing data and AffordableHousingOnline.com research.

Savannah, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 22.16%
Average Renter Household Size 1.79
Average Household Size 2.04
Median Household Income $38,929 ±$10,838
Median Rent $488 ±$330
Percentage Of Renters Overburdened 32.56% ± 43.07pp
Total Population 405

Population and Household Demographics

Savannah is a city in Wayne County, New York with a population of 405. There are 194 households in the city with an average household size of 2.04 persons. 22.16% of households in Savannah are renters.

Income and Rent Overburden in Savannah

The median gross income for households in Savannah is $38,929 a year, or $3,244 a month. The median rent for the city is $488 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Savannah, a household making less than $1,627 a month would be considered overburdened when renting an apartment at or above the median rent. 32.56% of households who rent are overburdened in Savannah.

Area Median Income In Savannah

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 Savannah, the AMI is calculated from all households within Wayne County.

In Savannah, HUD calculates the Area Median Income for a family of four as $97,600

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 Savannah

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 Savannah

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 Savannah AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,950 $22,800 $25,650 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Savannah AMI may qualify for rental assistance programs that target Very Low Income households.
$33,250 $38,000 $42,750 $47,500 $51,300 $55,100 $58,900 $62,700
80% AMI Income Limits
Renters earning up to 80% of the Savannah AMI may qualify for rental assistance programs that target Low Income households.
$53,200 $60,800 $68,400 $75,950 $82,050 $88,150 $94,200 $100,300