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

Discover affordable housing in Danvers where there are 16+ 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.

Fairweather Apartments - Danvers

11 Porter Street , Danvers, Massachusetts 19232

bed Studio-1

Conifer Hill Commons

121 Conifer Hill Dr, Danvers, Massachusetts 01923

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Bridgewell - Danvers

49 Coolidge Rd, Danvers, Massachusetts 01923

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Thompson House

154 Water St, Danvers, Massachusetts 01923

payment Subsidized
accessibility Accessible
accessible_forward Disability

Supported Community Living

2 Rogers Rd, Danvers, Massachusetts 01923

payment Subsidized
accessibility Accessible
accessible_forward Disability

130 Pine St Unit 4

130 Pine St Unit 4, Danvers, Massachusetts 01923

bed 1
payment $1900/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

9 Fowler St Unit #2

9 Fowler St Unit #2, Danvers, Massachusetts 01923

bed 2
payment $2800/mo.

141 High St Unit 2

141 High St Unit 2, Danvers, Massachusetts 01923

bed 2
payment $2300/mo.

9 Fowler St Unit 2

9 Fowler St Unit 2, Danvers, Massachusetts 01923

bed 2
payment $2800/mo.

6 Venice St Unit C6

6 Venice St Unit C6, Danvers, Massachusetts 01923

bed 1
payment $2000/mo.

2 Lummus Ave Unit #2

2 Lummus Ave, Danvers, Massachusetts 01923

bed 2
payment $2500/mo.

83 Holten St Unit #3

83 Holten St, Danvers, Massachusetts 01923

bed 1
payment $1975/mo.

240 Conant Street

240 Conant St, Danvers, Massachusetts 01923

switch_access_shortcut Short Wait

Putnam Farm at Danvers

9 Summer St, Danvers, Massachusetts 01923

switch_access_shortcut Short Wait
accessibility Accessible

Highland Manor

14 Stone St, Danvers, Massachusetts 01923

payment Subsidized

Conant Village

238 Conant St, Danvers, Massachusetts 01923

accessibility Accessible

How To Identify Affordable Housing in Danvers, Massachusetts

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Feb 1
Open Until Further Notice
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Reported On May 23rd, 2024 by Nathan Brunet

calendar_today Opened: Jan 6
Open Until Further Notice
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Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Danvers, 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 Danvers, Massachusetts Affordable Housing ↓

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

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

How many renters live in Danvers, Massachusetts?

The City of Danvers has people living in households.

There are renters living in renter households in this City. Renters make up 23.96 percent of the population living in Danvers.

What is the rental market like in Danvers, Massachusetts?

There are an estimated housing units in the Danvers area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Danvers, Massachusetts, there are 1.03 rental units.

What is the vacancy rate for rentals in Danvers?

The rental vacancy rate in Danvers 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 Danvers for each bedroom size?

Occupied Rental Units by Size in Danvers
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
237 1,223 1,392 336 145
Occupied Rental Units by Size in Danvers

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

How Much Is Rent in Danvers

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 Danvers, Massachusetts

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

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 97 41 percent
One BR 530 43 percent
Two BR 139 10 percent
Rental Units Below FMR in Danvers, Massachusetts

How many affordable rental units are in Danvers?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Danvers, Massachusetts

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

Income Based Apartments in Danvers, Massachusetts

Danvers features 151 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 Danvers, Massachusetts

There are 158 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Danvers.

Housing Choice Vouchers in Danvers, Massachusetts

On average, Section 8 Housing Choice vouchers pay Danvers landlords $1,100 per month towards rent. The average voucher holder contributes $500 towards rent in Danvers.

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

Sourced from federal housing data and AffordableHousingOnline.com research.