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

Discover affordable housing in Topsfield where there are 2+ 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.

Top House

198 Central St, Topsfield, Massachusetts 01983

payment Subsidized
accessibility Accessible
accessible_forward Disability

Washington Meadows Dementian Guschov

92 Washington Street, Topsfield, Massachusetts

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Topsfield, 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
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Reported On May 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Topsfield, 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 Topsfield, Massachusetts Affordable Housing ↓

What HUD offices serve Topsfield, 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), Moving to Work programs for Topsfield, Massachusetts.

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

How many renters live in Topsfield, Massachusetts?

The City of Topsfield has people living in households.

There are renters living in renter households in this City. Renters make up 12.22 percent of the population living in Topsfield.

What is the rental market like in Topsfield, Massachusetts?

There are an estimated housing units in the Topsfield area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Topsfield, Massachusetts, there are 1 rental units.

What is the vacancy rate for rentals in Topsfield?

The rental vacancy rate in Topsfield is 0 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 Topsfield for each bedroom size?

Occupied Rental Units by Size in Topsfield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
21 156 13 0 41
Occupied Rental Units by Size in Topsfield

A large number of apartments in Topsfield 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 Topsfield

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 Topsfield, Massachusetts

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

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 21 100 percent
One BR 135 87 percent
Two BR 0 100 percent
Rental Units Below FMR in Topsfield, Massachusetts

How many affordable rental units are in Topsfield?

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

Federal Program Unit Count
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Topsfield, Massachusetts

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

Income Based Apartments in Topsfield, Massachusetts

Topsfield features 28 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 Topsfield, Massachusetts

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

Housing Choice Vouchers in Topsfield, Massachusetts

On average, Section 8 Housing Choice vouchers pay Topsfield landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Topsfield.

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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