Low Income Apartments and Affordable Housing For Rent in Ayer, MA

Discover affordable housing in Ayer where there are 3+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Pleasant Street School Apartments

62 Pleasant St, Ayer, Massachusetts 01432

Nashoba Park

15 Winthrop Ave, Ayer, Massachusetts 01432

18 Pond St

18 Pond St, Ayer, Massachusetts 1432

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ayer, Massachusetts
$53.54/hour
$38.54 (+257%) more than Massachusetts minimum wage and $46.29 (+639%) more than the Federal minimum wage.
Learn More About Ayer, Massachusetts Affordable Housing ↓

What HUD offices serve Ayer, Massachusetts?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work programs for Ayer, Massachusetts.

Go to the Massachusetts Public Housing and Low-Income Apartments Waiting Lists page for openings near Ayer.

How many renters live in Ayer, Massachusetts?

The City of Ayer has 2,969 people living in 1,462 households.

There are 892 renters living in 572 renter households in this City. Renters make up 30.04 percent of the population living in Ayer.

What is the rental market like in Ayer, Massachusetts?

There are an estimated 1,545 housing units in the Ayer area. Of these, 598 units are rental homes, making up 39 percent of the housing market. For every renter household in Ayer, Massachusetts, there are 1 rental units.

What is the vacancy rate for rentals in Ayer?

The rental vacancy rate in Ayer is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Ayer for each bedroom size?

Occupied Rental Units by Size in Ayer
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
80 189 237 31 17
Occupied Rental Units by Size in Ayer

A large number of apartments in Ayer have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Ayer are overburdened by housing costs?

Among renter households in this market, 37 percent have housing cost burden. Further, 0 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Ayer

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,212 to $3,765. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,212
One BR $2,377
Two BR $2,827
Three BR $3,418
Four BR $3,765
2024 Fair Market Rents in Ayer, Massachusetts

How many units are rented at Fair Market Rent (FMR) in Ayer?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 80 100 percent
One BR 156 83 percent
Two BR 205 86 percent
Rental Units Below FMR in Ayer, Massachusetts

How many affordable rental units are in Ayer?

There are a variety of federal affordable housing programs serving households in Ayer, Massachusetts including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 43
Section 8 Project-Based Rental Assistance 20
Section 202 Supportive Housing for the Elderly 21
Tracked Units by Federal Program in Ayer, Massachusetts

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Ayer, Massachusetts

Ayer features 42 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Ayer, Massachusetts

There are 73 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ayer.

Housing Choice Vouchers in Ayer, Massachusetts

On average, Section 8 Housing Choice vouchers pay Ayer landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Ayer.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ayer, Massachusetts for a two-bedroom apartment is between $2,544 and $3,110.

Sourced from federal housing data and AffordableHousingOnline.com research.