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Affordable Housing In Newport
Newport County, Rhode Island

17 Low Income Apartment Communities In Newport

Newport Heights

59 John H Chafee Blvd
Newport, Rhode Island
Call For Rent
1-5 BR
Accepts Vouchers

West Broadway Apartments

76 Broadway
Newport, Rhode Island
Call For Rent
1-3 BR
Subsidized

Ahepa 245 Apartments

87 Girard Ave
Newport, Rhode Island
Subsidized
62+
Accessible
Elderly Supportive Housing

Lawrence Apartments

25 E Bowery St
Newport, Rhode Island
Subsidized

Bayside Village

143 3rd St
Newport, Rhode Island
Subsidized

Mumford Manor

39 Farewell St
Newport, Rhode Island
Subsidized
62+
Accessible
Elderly Supportive Housing

Festival Field

90 Girard Ave
Newport, Rhode Island
Subsidized

AHEPA 245 Senior Apartments II

87 Girard Ave
Newport, Rhode Island

Fifty Washington Square

4 Farewell St
Newport, Rhode Island
Accepts Vouchers

Park Holm

246 Parkholm
Newport, Rhode Island

Housing Authorities that serve Newport

Housing Authority Programs
The Housing Authority of the City of Newport Section 8 Housing Choice Voucher (HCV); Public Housing
Rhode Island Housing Section 8 Housing Choice Voucher (HCV)
Rhode Island Housing Choice Voucher Program Centralized Wait List Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Newport, Rhode Island

There are 17 low income housing apartment communities offering 1,700 affordable apartments for rent in Newport, Rhode Island.

Income Based Apartments in Newport, Rhode Island

Newport features 1,346 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 Newport, Rhode Island

There are 314 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Newport.

Housing Choice Vouchers in Newport, Rhode Island

On average, Section 8 Housing Choice vouchers pay Newport landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Newport.

The maximum amount a voucher would pay on behalf of a low-income tenant in Newport, Rhode Island for a two-bedroom apartment is between $1,277 and $1,561.

2020 Newport, Rhode Island Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $978 $1,091 $1,419 $2,042 $2,491
Payment Standard Range $880 to $1,076 $982 to $1,200 $1,277 to $1,561 $1,838 to $2,246 $2,242 to $2,740

Sourced from federal housing data and AffordableHousingOnline.com research.

Newport, RI Affordable Housing Snapshot

Total Affordable Apartment Properties 17
Total Low Income Apartments 1,700
Total Housing Units with Rental Assistance 1,346
Percentage of Housing Units Occupied By Renters 58.58%
Average Renter Household Size 1.96
Average Household Size 2.02
Median Household Income $57,218 ±$6,314
Median Rent $1,032 ±$61
Percentage Of Renters Overburdened 43.11% ± 4.86pp
Total Population 24,459

Population and Household Demographics

Newport is a city in Newport County, Rhode Island with a population of 24,459. There are 10,723 households in the city with an average household size of 2.02 persons. 58.58% of households in Newport are renters.

Income and Rent Overburden in Newport

The median gross income for households in Newport is $57,218 a year, or $4,768 a month. The median rent for the city is $1,032 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Newport, a household making less than $3,440 a month would be considered overburdened when renting an apartment at or above the median rent. 43.11% of households who rent are overburdened in Newport.

Area Median Income In Newport

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Newport, the AMI is calculated from all households within Newport County.

In Newport, HUD calculates the Area Median Income for a family of four as $87,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Newport

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Newport

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,300 $20,900 $23,500 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $30,450 $34,800 $39,150 $43,500 $47,000 $50,500 $53,950 $57,450
80% of Median $48,750 $55,700 $62,650 $69,600 $75,200 $80,750 $86,350 $91,900