Affordable & Income-Based Housing in Binghamton

Affordability

Binghamton is a majority-renter city, with 56% of households renting, a median household income of $45,578, and a median gross rent of $870 per month, according to Census ACS 5-Year data (2024). That context makes the 844 income-restricted units across 8 HUD-assisted or LIHTC properties in the city a meaningful part of the local housing market.

Safety

According to FBI Crime Data Explorer, the Binghamton Police Department reported a violent crime rate of 571 per 100,000 residents in 2024. Keep in mind that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Binghamton

According to Walk Score, the area around assisted properties in Binghamton scores 81 (Very Walkable), meaning most errands can be accomplished on foot. The Bike Score is 73, indicating strong biking infrastructure in the area. These scores reflect conditions near the assisted housing locations, not the city as a whole.

Schools

Binghamton is served by 20 public schools across 6 districts -- including 11 elementary, 4 middle, and 5 high schools -- according to NCES Common Core of Data. Ratings vary by school and district, so renters should check the assigned schools for a specific address before applying.

Cost of Living in Binghamton, NY

The median household income in Binghamton is $45,578 per year, according to Census ACS 5-Year estimates. The median asking rent across all rental units in the city is $870 per month, per the same source.

Affordable and income-based housing can make a meaningful difference for renters in this market. Lease Lantern currently tracks 8 HUD-assisted or income-restricted properties in Binghamton, covering 844 total units.

• Median household income: $45,578/year (Census ACS 5-Year)
• Median monthly rent (all rentals): $870 (Census ACS 5-Year)
• Share of residents who rent: 56% (Census ACS 5-Year)

Environmental Exposure

According to flood mapping data, none of the 8 HUD-assisted properties in Binghamton are mapped in a flood zone, and none are flagged as high-risk. Flood exposure does not appear to be a factor for these specific properties.