Affordable Housing

Area Median Income

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About Affordable Housing

photo of housing in NYC

The New York City Department of Housing Preservation and Development (HPD) promotes the quality and affordability of the city's housing and the strength of its many neighborhoods. HPD is responsible for carrying out Housing New York, Mayor Bill de Blasio's plan to build or preserve 300,000 affordable homes by 2026.

Housing is considered affordable if it costs about one-third or less of what the people living there earn, also known as Area Median Income (AMI).

Area Median Income (AMI)

The median income for all cities across the country is defined each year by U.S. Department of Housing and Urban Development (HUD). The 2021 AMI for the New York City region is $107,400 for a three-person family (100% AMI).

2021 New York City Area AMI

How do I use this chart?

  1. Find your family size in the left column.
  2. Follow that row across until you find how much your family earns per year.
  3. At the top fo the column where you find your family income, see the % of AMI that is associated with (or closet to) your family income.
Family Size30% AMI40% AMI50% AMI60% AMI70% AMI80% AMI90% AMI100% AMI110% AMI120% AMI130% AMI165% AMI
1 $25,080 $33,440 $41,800 $50,160 $58,520 $66,880 $75,240 $83,600 $91,960 $100,320 $108,680 $137,940
2 $28,650 $38,200 $47,750 $57,300 $66,850 $76,400 $85,950 $95,500 $105,050 $114,600 $124,150 $157,575
3 $32,220 $42,960 $53,700 $64,440 $75,180 $85,920 $96,600 $107,400 $118,140 $128,880 $139,620 $177,210
4 $35,790 $47,720 $59,650 $71,580 $83,510 $95,440 $107,370 $119,300 $131,230 $143,160 $155,090 $196,845
5 $38,670 $51,560 $64,450 $77,340 $90,230 $103,120 $116,010 $128,900 $141,790 $154,680 $167,570 $212,685
6 $41,520 $55,360 $69,200 $83,040 $96,880 $110,720 $124,560 $138,400 $152,240 $166,080 $179,920 $228,360
7 $44,400 $59,200 $74,000 $88,800 $103,600 $118,400 $133,200 $148,000 $162,800 $177,600 $192,400 $244,200
8 $47,250 $63,000 $78,750 $94,500 $110,250 $126,000 $141,750 $157,500 $173,250 $189,000 $204,750 $259,875

Source: U.S. Department of Housing and Urban Development

Income Bands and Percent of AMI

Income Band

Percent of AMI
Extremely Low-Income 0-30%
Very Low-Income 31-50%
Low-Income 51-80%
Moderate-Income 81-120%
Middle-Income 120-165%

2021 New York City Area Affordable Monthly Rents

How do I use this chart?

  1. Find your percent of AMI in the chart above.
  2. Locate your percent of AMI in this chart to see how much rent is considered affordable for each apartment size listed in the column under "Unit Size."
Unit Size30% AMI40% AMI50% AMI60% AMI70% AMI80% AMI90% AMI100% AMI110% AMI120% AMI130% AMI165% AMI
Studio $419 $598 $777 $956 $1,135 $1,314 $1,547 $1,726 $1,905 $2,084 $2,263 $2,889
One-bedroom $532 $756 $980 $1,204 $1,427 $1,651 $1,942 $2,166 $2,390 $2,614 $2,838 $3,621
Two-bedroom $631 $900 $1,168 $1,437 $1,705 $1,974 $2,323 $2,592 $2,860 $3,129 $3,397 $4,337
Three-bedroom $722 $1,032 $1,343 $1,653 $1,963 $2,273 $2,677 $2,987 $3,297 $3,608 $3,918 $5,004

*Assumes tenant pays electricity, no electric stove. Rents are approximate and have been calculated at 30% of annual gross income of the target AMI. For low-income bands, rents are based on 30% of 27%, 37%, 47%, 57%, 67%, and 77% of AMI. All rents are subject to program requirements. 

Note: Refer to 421-a, HOME/LIHTC, program term sheets, or unit advertisements for more specific information. You can also see if you qualify for the Housing Connect Lottery in general, by taking a look at eligible income levels by household size.