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

Discover affordable housing in Norwood where there are 4+ 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.

Norwood Independent Living

18 Clapboardtree St, Norwood, Massachusetts 02062

South Norfolk Housing

13 Saint George Ave, Norwood, Massachusetts 2062

Norwood

40 William Shyne Cir, Norwood, Massachusetts 02062

Norwood Ha

11 Brookview Cir, Norwood, Massachusetts 02062

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

calendar_today Opened: Jan 6
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 Norwood, 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 Norwood, Massachusetts Affordable Housing ↓

What HUD offices serve Norwood, 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), Public Housing programs for Norwood, Massachusetts.
Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work programs for Norwood, Massachusetts.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Norwood, Massachusetts.

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

How many renters live in Norwood, Massachusetts?

The City of Norwood has 31,343 people living in 13,114 households.

There are 13,386 renters living in 6,369 renter households in this City. Renters make up 42.71 percent of the population living in Norwood.

What is the rental market like in Norwood, Massachusetts?

There are an estimated 13,765 housing units in the Norwood area. Of these, 6,689 units are rental homes, making up 49 percent of the housing market. For every renter household in Norwood, Massachusetts, there are 1 rental units.

What is the vacancy rate for rentals in Norwood?

The rental vacancy rate in Norwood is 3 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 Norwood for each bedroom size?

Occupied Rental Units by Size in Norwood
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
245 1,815 3,128 1,108 16
Occupied Rental Units by Size in Norwood

A large number of apartments in Norwood 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 Norwood are overburdened by housing costs?

Among renter households in this market, 48 percent have housing cost burden. Further, 23 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 Norwood

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,393 to $2,778. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,393
One BR $1,488
Two BR $1,955
Three BR $2,479
Four BR $2,778
2024 Fair Market Rents in Norwood, Massachusetts

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

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 157 64 percent
One BR 662 36 percent
Two BR 775 25 percent
Rental Units Below FMR in Norwood, Massachusetts

How many affordable rental units are in Norwood?

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

Federal Program Unit Count
Public Housing 96
Section 8 Project-Based Rental Assistance 94
Tracked Units by Federal Program in Norwood, Massachusetts

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

Income Based Apartments in Norwood, Massachusetts

Norwood features 191 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 Norwood, Massachusetts

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Norwood.

Housing Choice Vouchers in Norwood, Massachusetts

On average, Section 8 Housing Choice vouchers pay Norwood landlords $1,200 per month towards rent. The average voucher holder contributes $500 towards rent in Norwood.

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

Sourced from federal housing data and AffordableHousingOnline.com research.