What HUD offices serve Central Falls, Rhode Island?
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 Rhode Island Public Housing and Low-Income Apartments Waiting Lists page for openings near Central Falls.
How many renters live in Central Falls, Rhode Island?
The City of Central Falls has 22,359 people living in 7,358 households.
There are 15,406 renters living in 5,444 renter households in this City. Renters make up 68.9 percent of the population living in Central Falls.
What is the rental market like in Central Falls, Rhode Island?
There are an estimated 8,276 housing units in the Central Falls area. Of these, 5,746 units are rental homes, making up 69 percent of the housing market. For every renter household in Central Falls, Rhode Island, there are 1 rental units.
What is the vacancy rate for rentals in Central Falls?
The rental vacancy rate in Central Falls 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 Central Falls for each bedroom size?
Occupied Rental Units by Size in Central Falls
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 107 | 1,299 | 1,846 | 2,047 | 120 |
Occupied Rental Units by Size in Central Falls
A large number of apartments in Central Falls 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 Central Falls are overburdened by housing costs?
Among renter households in this market, 58 percent have housing cost burden. Further, 22 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 Central Falls
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,289 to $2,536. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,289 |
| One BR | $1,398 |
| Two BR | $1,693 |
| Three BR | $2,047 |
| Four BR | $2,536 |
2024 Fair Market Rents in Central Falls, Rhode Island
How many units are rented at Fair Market Rent (FMR) in Central Falls?
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 | 107 | 100 percent |
| One BR | 1,191 | 92 percent |
| Two BR | 1,692 | 92 percent |
Rental Units Below FMR in Central Falls, Rhode Island
How many affordable rental units are in Central Falls?
There are a variety of federal affordable housing programs serving households in Central Falls, Rhode Island including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 197 |
| Public Housing | 327 |
| Section 8 Project-Based Rental Assistance | 320 |
| Section 811 Supportive Housing for Persons with Disabilities | 10 |
Tracked Units by Federal Program in Central Falls, Rhode Island
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Central Falls, Rhode Island
Central Falls features 659 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 Central Falls, Rhode Island
There are 94 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Central Falls.
Housing Choice Vouchers in Central Falls, Rhode Island
On average, Section 8 Housing Choice vouchers pay Central Falls landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Central Falls.
The maximum amount a voucher would pay on behalf of a low-income tenant in Central Falls, Rhode Island for a two-bedroom apartment is between $1,524 and $1,862.
Sourced from federal housing data and AffordableHousingOnline.com research.
