1 waitlist is currently open in Albany, NY
Apply before waitlists close. Check each listing for details and deadlines.
221 SHERIDAN AVENUE, ALBANY, NY, 12210
Fair Market Rent - Albany County, NY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,011 |
| 1 Bedroom | $1,131 |
| 2 Bedroom | $1,374 |
| 3 Bedroom | $1,661 |
| 4 Bedroom | $1,830 |
Income Limits - Albany County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,100
- Very Low (50%)
- $33,500
- Low (80%)
- $53,550
- Extremely Low (30%)
- $23,000
- Very Low (50%)
- $38,250
- Low (80%)
- $61,200
- Extremely Low (30%)
- $25,850
- Very Low (50%)
- $43,050
- Low (80%)
- $68,850
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $47,800
- Low (80%)
- $76,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $51,650
- Low (80%)
- $82,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $55,450
- Low (80%)
- $88,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $59,300
- Low (80%)
- $94,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $63,100
- Low (80%)
- $101,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,100 | $33,500 | $53,550 |
| 2 Persons | $23,000 | $38,250 | $61,200 |
| 3 Persons | $25,850 | $43,050 | $68,850 |
| 4 Persons | $28,700 | $47,800 | $76,500 |
| 5 Persons | $31,040 | $51,650 | $82,650 |
| 6 Persons | $35,580 | $55,450 | $88,750 |
| 7 Persons | $40,120 | $59,300 | $94,900 |
| 8 Persons | $44,660 | $63,100 | $101,000 |
Frequently Asked Questions About Housing in Albany, NY
How many affordable housing options are in Albany, New York?+
There are 44 affordable housing properties in Albany, New York, including 14 public housing, 29 Low-Income Housing Tax Credit (LIHTC), 1 housing authority listings. Browse the full list above to find options that fit your needs.
What is the average rent for affordable housing in Albany, New York?+
The average rent for affordable housing in Albany, New York is approximately $371 per month. Actual rent may be lower based on your income level and the specific housing program. Most subsidized housing charges tenants 30% of their adjusted gross income.
How do I apply for Section 8 housing in Albany, New York?+
To apply for Section 8 (Housing Choice Voucher) in Albany, New York, contact your local housing authority. You can browse the housing authority listings on this page to find contact information. Applications are typically accepted when the waitlist is open. Eligibility is based on income (generally below 50% of Area Median Income), family size, and citizenship status.
What are the income limits for affordable housing in Albany County, New York?+
For a 4-person household in Albany County, New York, the income limits are: Extremely Low Income (30% AMI): $28,700, Very Low Income (50% AMI): $47,800, Low Income (80% AMI): $76,500. Income limits vary by household size and are updated annually by HUD.
Are there open waitlists for affordable housing in Albany, New York?+
Yes, there are currently 1 housing authority with open waitlists in Albany, New York. Look for the "Waitlist Open" badge on listings above, or use the waitlist filter to find them quickly. Waitlist availability changes frequently, so apply as soon as possible.
What types of affordable housing are available in Albany, New York?+
Albany, New York has the following types of affordable housing: Public Housing (government-owned units with income-based rent); LIHTC properties (privately owned, tax-credit funded affordable apartments); Housing Authorities (administering Section 8 vouchers and public housing). Each program has different eligibility requirements and application processes.
What is the population of Albany, New York?+
Albany, New York has an estimated population of 590,823. With 44 affordable housing properties serving the area, there are housing assistance options available for eligible residents.