What HUD offices serve Topsfield, 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.
Go to the Massachusetts Public Housing and Low-Income Apartments Waiting Lists page for openings near Topsfield.
How many renters live in Topsfield, Massachusetts?
The City of Topsfield has 2,799 people living in 947 households.
There are 342 renters living in 231 renter households in this City. Renters make up 12.22 percent of the population living in Topsfield.
What is the rental market like in Topsfield, Massachusetts?
There are an estimated 947 housing units in the Topsfield area. Of these, 231 units are rental homes, making up 24 percent of the housing market. For every renter household in Topsfield, Massachusetts, there are 1 rental units.
What is the vacancy rate for rentals in Topsfield?
The rental vacancy rate in Topsfield is 0 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 Topsfield for each bedroom size?
Occupied Rental Units by Size in Topsfield
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 21 | 156 | 13 | 0 | 41 |
Occupied Rental Units by Size in Topsfield
A large number of apartments in Topsfield 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 Topsfield are overburdened by housing costs?
Among renter households in this market, 61 percent have housing cost burden. Further, 25 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 Topsfield
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 Topsfield, Massachusetts
How many units are rented at Fair Market Rent (FMR) in Topsfield?
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 | 21 | 100 percent |
| One BR | 135 | 87 percent |
| Two BR | 0 | 100 percent |
Rental Units Below FMR in Topsfield, Massachusetts
How many affordable rental units are in Topsfield?
There are a variety of federal affordable housing programs serving households in Topsfield, Massachusetts including the following:
| Federal Program | Unit Count |
| Section 811 Supportive Housing for Persons with Disabilities | 4 |
| USDA Section 515 Rural Rental Housing | 24 |
Tracked Units by Federal Program in Topsfield, Massachusetts
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Topsfield, Massachusetts
Topsfield features 28 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 Topsfield, Massachusetts
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Topsfield.
Housing Choice Vouchers in Topsfield, Massachusetts
On average, Section 8 Housing Choice vouchers pay Topsfield landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Topsfield.
The maximum amount a voucher would pay on behalf of a low-income tenant in Topsfield, Massachusetts for a two-bedroom apartment is between $2,544 and $3,110.
Sourced from federal housing data and AffordableHousingOnline.com research.
