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

Discover affordable housing in Revere where there are 14+ 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.

571 Revere St Apartments

571 Revere Street, Revere, Massachusetts 02151

Bradstreet Community Residence

229 Bradstreet Ave, Revere, Massachusetts 02151

Proctor Avenue Residence

25 Proctor Ave, Revere, Massachusetts 02151

Broadway 104

104 Broadway, Revere, Massachusetts 02151

North Suffolk Mental Health

14 Victoria St, Revere, Massachusetts 02151

Hrca Housing for Elderly

420 Revere Beach Blvd, Revere, Massachusetts 02151

Beachmont Associates

95 Crescent Ave, Revere, Massachusetts 02151

Friendly Garden Co-op

235 Revere Street, Revere, Massachusetts 02151

Prospect House

420 Reservoir Ave, Revere, Massachusetts 02151

525 Beach

525 Beach Street, Revere, Massachusetts 2151

One Beach Apartments

189 Broadway, Revere, Massachusetts 02151

Revere Pha

50 Walnut Ave, Revere, Massachusetts 02151

Rose Street and Pamona Street

32 Rose St, Revere, Massachusetts 02151

Prospect House Mf ( Rev )

28 Prospect Ave, Revere, Massachusetts 02151

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 Revere, 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 Revere, Massachusetts Affordable Housing ↓

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

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

How many renters live in Revere, Massachusetts?

The City of Revere has 60,577 people living in 21,540 households.

There are 25,992 renters living in 10,559 renter households in this City. Renters make up 42.91 percent of the population living in Revere.

What is the rental market like in Revere, Massachusetts?

There are an estimated 23,311 housing units in the Revere area. Of these, 11,357 units are rental homes, making up 49 percent of the housing market. For every renter household in Revere, Massachusetts, there are 1 rental units.

What is the vacancy rate for rentals in Revere?

The rental vacancy rate in Revere is 6 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 Revere for each bedroom size?

Occupied Rental Units by Size in Revere
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,066 3,565 3,862 1,739 305
Occupied Rental Units by Size in Revere

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

Among renter households in this market, 52 percent have housing cost burden. Further, 27 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 Revere

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 Revere, Massachusetts

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

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 592 56 percent
One BR 1,544 43 percent
Two BR 1,283 33 percent
Rental Units Below FMR in Revere, Massachusetts

How many affordable rental units are in Revere?

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

Federal Program Unit Count
Low Income Housing Tax Credit 206
Public Housing 217
Section 8 Project-Based Rental Assistance 528
Section 811 Supportive Housing for Persons with Disabilities 10
Tracked Units by Federal Program in Revere, Massachusetts

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

Income Based Apartments in Revere, Massachusetts

Revere features 812 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 Revere, Massachusetts

There are 176 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Revere.

Housing Choice Vouchers in Revere, Massachusetts

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.