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

Discover affordable housing in Leominster where there are 7+ 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.

Silver Leaf Terrace

30 Terrace Dr, Leominster, Massachusetts 01453

Whitney Carriage Park

124 Water Street, Leominster, Massachusetts 01453

Carter School Apartments

261 West Street, Leominster, Massachusetts 01453

Riverside Village

24 State Street, Leominster, Massachusetts 1453

Watermill Apartments

142 Water Street, Leominster, Massachusetts 01453

Waterway Apartments

97 Water St, Leominster, Massachusetts 01453

Ivory Keys

140 Adams St, Leominster, Massachusetts

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 Leominster, Massachusetts
$29.96/hour
$14.96 (+100%) more than Massachusetts minimum wage and $22.71 (+313%) more than the Federal minimum wage.
Learn More About Leominster, Massachusetts Affordable Housing ↓

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

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

How many renters live in Leominster, Massachusetts?

The City of Leominster has 43,620 people living in 18,474 households.

There are 12,219 renters living in 6,365 renter households in this City. Renters make up 28.01 percent of the population living in Leominster.

What is the rental market like in Leominster, Massachusetts?

There are an estimated 19,187 housing units in the Leominster area. Of these, 6,619 units are rental homes, making up 34 percent of the housing market. For every renter household in Leominster, Massachusetts, there are 1 rental units.

What is the vacancy rate for rentals in Leominster?

The rental vacancy rate in Leominster is 2 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 Leominster for each bedroom size?

Occupied Rental Units by Size in Leominster
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
231 2,271 2,935 683 136
Occupied Rental Units by Size in Leominster

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

Among renter households in this market, 46 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 Leominster

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,072 to $2,373. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,072
One BR $1,238
Two BR $1,582
Three BR $2,055
Four BR $2,373
2024 Fair Market Rents in Leominster, Massachusetts

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

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 114 49 percent
One BR 1,570 69 percent
Two BR 2,281 78 percent
Rental Units Below FMR in Leominster, Massachusetts

How many affordable rental units are in Leominster?

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

Federal Program Unit Count
Low Income Housing Tax Credit 301
Section 8 Project-Based Rental Assistance 489
Tracked Units by Federal Program in Leominster, Massachusetts

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

Income Based Apartments in Leominster, Massachusetts

Leominster features 615 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 Leominster, Massachusetts

There are 301 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Leominster.

Housing Choice Vouchers in Leominster, Massachusetts

On average, Section 8 Housing Choice vouchers pay Leominster landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Leominster.

The maximum amount a voucher would pay on behalf of a low-income tenant in Leominster, Massachusetts for a two-bedroom apartment is between $1,424 and $1,740.

Sourced from federal housing data and AffordableHousingOnline.com research.