The New York City housing market is notoriously competitive. But, for many, the dream of finding an affordable, safe haven in the Big Apple isn't out of reach. Enter the NYC Housing Lottery: a city-run program offering a chance to secure housing at significantly below-market rates.

What is the NYC Housing Lottery?

The NYC Housing Lottery, officially known as the Affordable Housing Lottery, is a lifeline for New Yorkers seeking affordable housing in one of the most expensive cities in the world. Administered by NYC Housing Connect, this program partners with developers to offer a range of affordable units in new and renovated buildings across the five boroughs. It's a game-changer for those who dream of living in New York City without breaking the bank.

But what does "affordable" really mean? It signifies that the rent for these units is significantly below the market rate, often 50% or less than what you'd typically pay for a comparable apartment in the same neighborhood. The affordability is determined by the Area Median Income (AMI), ensuring that housing is accessible to a wide range of income levels.

Is the hustle and bustle of the city calling your name?  Do you crave the energy, culture, and endless possibilities that only NYC can offer? This guide will be your roadmap to navigating the exciting world of NYC apartment hunting. We'll help you identify your must-haves, explore the coolest neighborhoods, and find that dream apartment you'll love coming home to.