What HUD offices serve South Yarmouth, 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 South Yarmouth.
How many renters live in South Yarmouth, Massachusetts?
The City of South Yarmouth has 11,805 people living in 4,976 households.
There are 2,278 renters living in 1,134 renter households in this City. Renters make up 19.3 percent of the population living in South Yarmouth.
What is the rental market like in South Yarmouth, Massachusetts?
There are an estimated 8,117 housing units in the South Yarmouth area. Of these, 1,369 units are rental homes, making up 17 percent of the housing market. For every renter household in South Yarmouth, Massachusetts, there are 1 rental units.
What is the vacancy rate for rentals in South Yarmouth?
The rental vacancy rate in South Yarmouth is 14 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in South Yarmouth for each bedroom size?
Occupied Rental Units by Size in South Yarmouth
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 43 | 273 | 642 | 131 | 45 |
Occupied Rental Units by Size in South Yarmouth
A large number of apartments in South Yarmouth 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 South Yarmouth are overburdened by housing costs?
Among renter households in this market, 58 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 South Yarmouth
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,486 to $2,897. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,486 |
| One BR | $1,585 |
| Two BR | $2,082 |
| Three BR | $2,541 |
| Four BR | $2,897 |
2024 Fair Market Rents in South Yarmouth, Massachusetts
How many units are rented at Fair Market Rent (FMR) in South Yarmouth?
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 | 26 | 60 percent |
| One BR | 198 | 73 percent |
| Two BR | 137 | 21 percent |
Rental Units Below FMR in South Yarmouth, Massachusetts
How many affordable rental units are in South Yarmouth?
There are a variety of federal affordable housing programs serving households in South Yarmouth, Massachusetts including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 208 |
| Section 8 Project-Based Rental Assistance | 151 |
| Section 811 Supportive Housing for Persons with Disabilities | 9 |
Tracked Units by Federal Program in South Yarmouth, Massachusetts
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in South Yarmouth, Massachusetts
South Yarmouth features 164 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 South Yarmouth, Massachusetts
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in South Yarmouth.
Housing Choice Vouchers in South Yarmouth, Massachusetts
On average, Section 8 Housing Choice vouchers pay South Yarmouth landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in South Yarmouth.
The maximum amount a voucher would pay on behalf of a low-income tenant in South Yarmouth, Massachusetts for a two-bedroom apartment is between $1,874 and $2,290.
Sourced from federal housing data and AffordableHousingOnline.com research.
