Area Median Income - HPD

Housing Preservation & Development


Affordable Housing

Area Median Income


About Affordable Housing

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.

Housing is considered affordable if it costs about one-third or less of what the people living there earn. Income eligibility and rent for City-financed affordable housing projects are based on a measure called Area Median Income (AMI).

Area Median Income (AMI)

The AMI for all cities across the country is defined each year by U.S. Department of Housing and Urban Development (HUD). The 2023 AMI for the New York City region is $127,100 for a three-person family (100% AMI).

2024 New York City Area AMI

How do I use this chart?

Find your family size in the left column.

Follow that row across until you find how much your family earns per year.

At the top of the column where you find your family income, see the % of AMI that is associated with (or closet to) your family income.

Family Size
30% AMI
40% AMI
50% AMI
60% AMI
70% AMI
80% AMI
90% AMI
100% AMI
110% AMI
120% AMI
130% AMI
165% AMI

1
$32,610
$43,480
$54,350
$65,220
$76,090
$86,960
$97,830
$108,700
$119,570
$130,440
$141,310
$179,355

2
$37,290
$49,720
$62,150
$74,580
$87,010
$99,440
$111,870
$124,300
$136,730
$149,160
$161,590
$205,095

3
$41,940
$55,920
$69,900
$83,880
$97,860
$111,840
$125,820
$139,800
$153,780
$167,760
$181,740
$230,670

4
$46,590
$62,120
$77,650
$93,180
$108,710
$124,240
$139,770
$155,300
$170,830
$186,360
$201,890
$256,245

5
$50,310
$67,080
$83,850
$100,620
$117,390
$134,160
$150,930
$167,700
$184,470
$201,240
$218,010
$276,705

6
$54,030
$72,040
$90,050
$108,060
$126,070
$144,080
$162,090
$180,100
$198,110
$216,120
$234,130
$297,165

7
$57,780
$77,040
$96,300
$115,560
$134,820
$154,080
$173,340
$192,600
$211,860
$231,120
$250,380
$317,790

8
$61,500
$82,000
$102,500
$123,000
$143,500
$164,000
$184,500
$205,000
$225,500
$246,000
$266,500
$338,250

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
121-165%

2024 New York City Area Affordable Monthly Rents

How do I use this chart?

Find your percent of AMI in the chart above.

Locate your percent of AMI in this chart to see the maximum affordable rent for each apartment size listed in the column under "Unit Size."

Unit Size
30% AMI
40% AMI
50% AMI
60% AMI
70% AMI
80% AMI
90% AMI
100% AMI
110% AMI
120% AMI
130% AMI
165% AMI

Studio
$815
$1,087
$1,358
$1,630
$1,902
$2,174
$2,445
$2,717
$2,989
$3,261
$3,532
$4,483

One-bedroom
$873
$1,165
$1,456
$1,747
$2,038
$2,330
$2,621
$2,912
$3,203
$3,495
$3,786
$4,805

Two-bedroom
$1,048
$1,398
$1,747
$2,097
$2,446
$2,796
$3,145
$3,495
$3,844
$4,194
$4,543
$5,766

Three-bedroom
$1,211
$1,615
$2,018
$2,422
$2,826
$3,230
$3,633
$4,037
$4,441
$4,845
$5,248
$6,661

Note: The above rents represent the maximum rent that can be charged by AMI; specific rent amounts may vary by program. Refer to 421-a, HOME/LIHTC, program term sheets, or unit advertisements for more specific information.

To see where you and your family fit in, see our Do You Qualify webpage.