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

Discover affordable housing in Needham where there are 8+ 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.

Nehoiden Glen

1035 Central Ave, Needham, Massachusetts 02492

payment Subsidized

Marked Tree Road

E Militia Heights Dr, Needham, Massachusetts 02492

payment Subsidized
accessibility Accessible
accessible_forward Disability

West Street Apartments

237 West St, Needham, Massachusetts 02494

payment Subsidized
accessibility Accessible
accessible_forward Disability

Webster Street Residences

145 Webster St, Needham, Massachusetts 02494

payment Subsidized
accessibility Accessible
accessible_forward Disability

Highland Ave Charles Rvr Arc

18 Dale St, Needham, Massachusetts 02494

payment Subsidized
accessibility Accessible
accessible_forward Disability

Webster Street II

299 Webster St, Needham, Massachusetts 02494

payment Subsidized
accessibility Accessible
accessible_forward Disability

Seabeds Way

46 Seabeds Way, Needham, Massachusetts 02494

bed 1
payment Subsidized

High Rock Estates

100 Fairview Rd, Needham, Massachusetts 02492

bed 2-3
payment Subsidized

How To Identify Affordable Housing in Needham, 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

Reported On May 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 Needham, Massachusetts
$38.54 (+257%) more than Massachusetts minimum wage and $46.29 (+639%) more than the Federal minimum wage.
Learn More About Needham, Massachusetts Affordable Housing ↓

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

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

How many renters live in Needham, Massachusetts?

The City of Needham has people living in households.

There are renters living in renter households in this City. Renters make up 8.89 percent of the population living in Needham.

What is the rental market like in Needham, Massachusetts?

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

What is the vacancy rate for rentals in Needham?

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

Occupied Rental Units by Size in Needham
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
108 635 477 224 137
Occupied Rental Units by Size in Needham

A large number of apartments in Needham 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 Needham

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 Needham, Massachusetts

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

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 31 29 percent
One BR 198 31 percent
Two BR 19 4 percent
Rental Units Below FMR in Needham, Massachusetts

How many affordable rental units are in Needham?

There are a variety of federal affordable housing programs serving households in Needham, 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 Needham, Massachusetts

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

Income Based Apartments in Needham, Massachusetts

Needham features 228 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 Needham, Massachusetts

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

Housing Choice Vouchers in Needham, Massachusetts

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.