Low Income Apartments and Affordable Housing For Rent in Peekskill, NY (2024)

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Discover affordable housing in Peekskill where there are 10+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

River Pointe at Drum Hill Senior Apartments

100 Ringgold St, Peekskill, New York 10566

The Lofts on Main

922 Main St., Peekskill, New York 10566

bed1-2

payment$922-1661/mo.

Barham House

951 Main St, Peekskill, New York 10566

Stuhr Gardens

3 Wiberly Ave, Peekskill, New York 10566

109 Wooddale Ave

109 Wooddale Ave, Peekskill, New York 10566

bed1

payment$1650/mo.

Peekskill Plaza

901 Main St, Peekskill, New York 10566

Drum Hill Senior Living Community

90 Ringgold St, Peekskill, New York 10566

Bohlmann Towers Dunbar Hgt

1227 Howard St, Peekskill, New York 10566

Bohlmann Towers Dunbar Hgt

807 Main St, Peekskill, New York 10566

How To Identify Affordable Housing in Peekskill, New York

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.

Back to rentals ↑

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InPeekskill, New York

$44.55/hour

$29.55

(+197%) more thanNew York minimum wage and

$37.30

(+514%) more than the Federal minimum wage.

Learn More About Peekskill, New York AffordableHousing ↓

What HUD offices serve Peekskill, New York?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

White Plains Housing Authority

Operates the Public Housing programs for Peekskill, New York.

Peekskill Housing Authority

Operates the Public Housing programs for Peekskill, New York.

Town of Mamaroneck Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV) programs for Peekskill, New York.

City of Peekskill

Operates the Section 8 Housing Choice Voucher (HCV) programs for Peekskill, New York.

Town of Yorktown Housing Choice Voucher Office

Operates the Section 8 Housing Choice Voucher (HCV) programs for Peekskill, New York.

CVR New York

Operates the Section 8 Housing Choice Voucher (HCV) programs for Peekskill, New York.

Go to theNew YorkPublic Housing and Low-Income Apartments Waiting Lists page for openings near Peekskill.

How many renters live in Peekskill, New York?

The City of Peekskill has 25,401people living in 10,884 households.

There are 10,159 renters living in4,642 renter households in thisCity. Renters make up 39.99percent of the population living in Peekskill.

What is the rental market like in Peekskill, New York?

There are an estimated 11,677 housing units in thePeekskill area. Of these, 4,870 units are rentalhomes, making up 42 percent of the housing market. Forevery renter household in Peekskill, New York, there are1 rental units.

What is the vacancy rate for rentals in Peekskill?

The rental vacancy rate in Peekskill is 3 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Peekskill for each bedroom size?

Occupied Rental Units by Size in Peekskill
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
1721,7541,686788169

Occupied Rental Units by Size in Peekskill

A large number of apartments in Peekskill have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How many renter households in Peekskill are overburdened by housing costs?

Among renter households in this market, 54percent havehousing cost burden. Further, 33percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.

The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Peekskill

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,648 to $3,132. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$1,648
One BR$1,934
Two BR$2,352
Three BR$2,885
Four BR$3,132

2024 Fair Market Rents in Peekskill, New York

How many units are rented at Fair Market Rent (FMR) in Peekskill?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio12673 percent
One BR70040 percent
Two BR19812 percent

Rental Units Below FMR in Peekskill, New York

How many affordable rental units are in Peekskill?

There are a variety of federal affordable housing programs serving households inPeekskill, New York including the following:

Federal ProgramUnit Count
Low Income Housing Tax Credit606
Public Housing273
Section 8 Project-Based Rental Assistance203
Tracked Units by Federal Program in Peekskill, New York

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Peekskill, New York

Peekskill features 477 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Peekskill, New York

There are 521 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Peekskill.

Housing Choice Vouchers in Peekskill, New York

On average, Section 8 Housing Choice vouchers pay Peekskill landlords$1,000 per month towards rent. The average voucher holdercontributes $500 towards rent inPeekskill.

The maximum amount a voucher would pay on behalf of a low-income tenant in Peekskill, New York fora two-bedroom apartment is between $2,117 and $2,587.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Looking for landlords who will take a Section 8 voucher?

Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.

What Renters Say About Us

Kim Eatmon says:

"Affordable Housing Online is a great way to see what’s available for low income housing."

Low Income Apartments and Affordable Housing For Rent in Peekskill, NY (2024)
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