About This Property
This seven-unit residential property in Potsdam consists of one one-bedroom and six two-bedroom apartments designated as low-income housing. The building has been in service since 2006 and is owned and operated by a non-profit organization with support from Community Development Block Grant funding and 9% Low-Income Housing Tax Credits. Current management and contact information available upon request.
Property Details
Fair Market Rent - St. Lawrence 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 | $661 |
| 1 Bedroom | $763 |
| 2 Bedroom | $940 |
| 3 Bedroom | $1,152 |
| 4 Bedroom | $1,252 |
Income Limits - St. Lawrence County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,600
- Very Low (50%)
- $24,300
- Low (80%)
- $38,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,800
- Low (80%)
- $44,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,250
- Low (80%)
- $49,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,700
- Low (80%)
- $55,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,500
- Low (80%)
- $59,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,300
- Low (80%)
- $64,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,050
- Low (80%)
- $68,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,850
- Low (80%)
- $73,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,600 | $24,300 | $38,850 |
| 2 Persons | $17,420 | $27,800 | $44,400 |
| 3 Persons | $21,960 | $31,250 | $49,950 |
| 4 Persons | $26,500 | $34,700 | $55,500 |
| 5 Persons | $31,040 | $37,500 | $59,950 |
| 6 Persons | $35,580 | $40,300 | $64,400 |
| 7 Persons | $40,120 | $43,050 | $68,850 |
| 8 Persons | $44,660 | $45,850 | $73,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Potsdam, NY?+
The Fair Market Rent (FMR) for St. Lawrence County, NY is: $661 (Studio), $763 (1BR), $940 (2BR), $1152 (3BR), $1252 (4BR). Actual rent at subsidized properties like 55-57 Market Street is typically 30% of household income or less.
What size apartments are available at 55-57 Market Street?+
55-57 Market Street offers the following unit types: 1 One-Bedroom, 6 Two-Bedroom units, for a total of 7 units.
What are the income limits for affordable housing in St. Lawrence County, NY?+
For a 4-person household in St. Lawrence County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,700, Low Income (80% AMI): $55,500. These limits are set by HUD and updated annually.
Who manages 55-57 Market Street?+
55-57 Market Street is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at 55-57 Market Street?+
55-57 Market Street is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Potsdam, NY?+
Based on Fair Market Rent for St. Lawrence County, the estimated price range is: 1-bedroom: $763, 2-bedroom: $940. Actual rent at 55-57 Market Street may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.