
Low Income Apartments for Rent in Kips Bay
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Low-Income Housing in Kips Bay Neighborhood in New York, NY
Browse a wide selection of low-income apartments for rent in Kips Bay. If you're searching for affordable apartments to fit your budget, it's important to be aware of the opportunities available to you. There are a variety of programs that may be accepted by low-income communities. Some might take part in the Low-Income Housing Credit Program, or Section 42, while others might accept vouchers through the Housing Choice Voucher Program, or Section 8. Since these programs are different, call the apartment community you’re interested in and ask which program they participate in.
Before you apply for an income restricted apartment, make sure you qualify for Section 8 housing in Kips Bay by contacting the local public housing agency, or PHA. You must meet certain requirements based on the area median income, or AMI, and that amount varies depending on location. Section 8 housing is often more difficult to find than other affordable housing programs since properties must meet certain guidelines to qualify for the program, and not all properties accept Section 8 vouchers.
There are 1 income-restricted apartments available in Kips Bay. To find out if the apartment community you’re interested in accepts Section 8, look at their requirements or call the property directly and ask.
Top Budget-Friendly Neighborhoods in New York
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Lenox Hill 676 Sq Ft $4,820/mo
- Upper East Side 666 Sq Ft $4,926/mo
- Yorkville 657 Sq Ft $4,936/mo
- Kips Bay 665 Sq Ft $4,946/mo
- Lower East Side 532 Sq Ft $5,092/mo
- Murray Hill 668 Sq Ft $5,125/mo
- Seaport 743 Sq Ft $5,139/mo
- East Village 587 Sq Ft $5,166/mo
- Financial District 755 Sq Ft $5,314/mo
- Times Square 651 Sq Ft $5,381/mo
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Note: Based on community-supplied data and independent market research. Subject to change without notice.