# Rensselaer County

### Summary

37.2% share of renter households

51.2% share of low-income households

41.8% share of rent-burdened households

### Renter population data

| Households               | % share  |
|-------------------------|----------|
| Renter households        | 24,648   |
| Homeowner households     | 41,693   |
| Total households         | 66,341   |

Low-income renter households

| Households                             | % share  |
|---------------------------------------|----------|
| Extremely low-income (≤30% AMI)       | 3,816    |
| Very low-income (31-50% AMI)          | 3,468    |
| Low-income (51-80% AMI)               | 5,330    |
| All low-income households (<80% AMI)   | 12,614   |

Rent-burdened households

| Share of income spent on rent           | Households | % share  |
|-----------------------------------------|------------|----------|
| Moderately rent-burdened (30.0–34.9%)  | 5,409      | 21.9%    |
| 30.0–34.9%                             | 1,592      | 6.5%     |
| 35.0–39.9%                             | 1,557      | 6.3%     |
| 40.0-49.9%                             | 2,260      | 9.2%     |
| Severely rent-burdened (≥50.0%)        | 4,886      | 19.8%    |
| All rent-burdened households            | 10,295     | 41.8%    |

### Affordable housing shortage

Median household income

| Year   | Amount ($) |
|--------|------------|
| 2010   | 31,175     |
| 2021   | 44,597     |
| Increase (2010–2021) | 43.1% |

Median rent

| Year   | Amount ($) |
|--------|------------|
| 2010   | 953        |
| 2021   | 912        |
| Increase (2010–2021) | -4.3% |

Affordable housing stock

| Supply  | Demand   | Shortage   |
|---------|----------|------------|
| 14,914  | 6,673    | -2,134     |

### HUD National Low Income Housing Tax Credit (LIHTC) Database

| Name                          | Type                         | Year | Zipcode | Market Rate | Low-income | Amount           |
|-------------------------------|------------------------------|------|---------|-------------|------------|------------------|
| HIGHBRIDGE OVERLOOK           | New construction             | 2014 | 10452   | N/A         | 60% AMI    | $1,804,887       |
| IRVINGTON FAMILY APTS         | New construction             | 2007 | 94538   | N/A         | 60% AMI    | $1,378,252       |
| HILLTOP VILLAGE               | New construction - Acquisition and Rehab | 2012 | 32208   | N/A         | 60% AMI    | $504,385         |
| HUNTINGTON RESERVE            | NA                           | 2006 | 32773   | N/A         | 60% AMI    | $424,046         |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction            | 2016 | 91768   | N/A         | 60% AMI    | $1,557,010       |
| INTERVALE GARDENS LLC         | New construction             | 2008 | 10459   | N/A         | 60% AMI    | $659,087         |
| HOMES OF RENAISSANCE PRESERVE II | New construction            | 2012 | 33905   | N/A         | 60% AMI    | $1,510,000       |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction      | 2013 | 90018   | N/A         | 60% AMI    | $674,261         |
| IMPERIAL GARDENS FAMILY APTS   | New construction             | 2009 | 92243   | N/A         | 60% AMI    | $1,142,750       |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab       | 2016 | 95490   | N/A         | 60% AMI    | $435,816         |
| HILTON SENIOR APTS           | New construction             | 2007 | 14468   | N/A         | 60% AMI    | $242,084         |

HousingCount

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