Rents Start At $1,517 In Affordable Manhattan Housing Lottery

LOWER EAST SIDE, NY — The deadline to apply for an affordable housing lottery for 11 new apartments on the Lower East Side is coming up, offering qualifying New Yorkers a chance to live downtown without breaking the bank.

The apartments are located at 125 Chrystie St. near Broome Street and range from studios to two-bedroom units, with rents between $1,517 and $3,159, according to the city's Housing Connect listing. The deadline to apply is Sept. 2.

However, there is a catch: Your total income and family size need to fit within a certain range to be eligible to apply to the housing lottery, and each lottery has different income restrictions, based on a measurement called "Area Median Income," which you can calculate here.

Once New Yorkers apply for an eligible unit, they are issued a log number, and then the numbers are chosen at random by an automated system, lottery-style.

The apartments are available to households earning up to 60 percent of the area median income, earning $58,869 to $183,200, with specific income requirements varying by apartment and household size.

For example, eligible incomes for a studio apartment range from $58,869 for a one-person household to $81,420 for a two-person household.

The lottery also includes five one-bedroom apartments, with estimated prices of either $1,527 or $2,706 and four two-bedrooms priced at an estimated $1,745 to $3,159.

The apartments feature large windows, dishwashers, washers and dryers in-unit, air conditioning, high-end finishes, hardwood floors, and patios or balconies.

Building amenities include a spa, storage rooms, a yoga and dance studio, and an elevator.

How To Apply

Qualifying New Yorkers can review the full eligibility requirements through NYC Housing Connect. Apply by Sept. 2. Click here for more information.