Low Income Apartments and Affordable Housing For Rent in South Yarmouth, MA

Discover affordable housing in South Yarmouth where there are 3+ 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.

Swan Pond Village

1100 Alewife Cir, South Yarmouth, Massachusetts 2664

bed 1-4

Residential Rehab Centers, Inc

153 Run Pond Rd, South Yarmouth, Massachusetts 02664

Simpkins School Residences

134 OLD MAIN STREET , South Yarmouth, Massachusetts 02664

How To Identify Affordable Housing in South Yarmouth, 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.
calendar_today Opened: Feb 1
Open Until Further Notice

Reported On May 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In South Yarmouth, Massachusetts
$24.43 (+163%) more than Massachusetts minimum wage and $32.18 (+444%) more than the Federal minimum wage.
Learn More About South Yarmouth, Massachusetts Affordable Housing ↓

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for South Yarmouth, Massachusetts.
Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work programs for South Yarmouth, Massachusetts.

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 people living in households.

There are renters living in 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 housing units in the South Yarmouth area. Of these, units are rental homes, making up percent of the housing market. For every renter household in South Yarmouth, Massachusetts, there are 1.21 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 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
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
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.