The Ledges at Johnston

145 Federal Way
Johnston, Rhode Island
1-3 BR

Lockwood Plaza Apartments

50 Prairie Avenue
Providence, Rhode Island
1-4 BR

Brook Village

2072 Smith St
North Providence, Rhode Island
Call For Rent
1-2 BR

Prospect Heights

560 Prospect St
Pawtucket, Rhode Island
Call For Rent
1-4 BR

Lincoln Lofts

90 Industrial Circle
Lincoln, Rhode Island
811 PRA
1 BR
Showing Results 1-5

There are 5,260 low-income apartments in Providence County that offer reduced rents to eligible households. Low-income rents in Providence County, Rhode Island can range from $791 to $2,061 depending on the number of bedrooms.

Rental assistance programs support 19,597 low-income homes in Providence County where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $388 towards rent each month.

Affordable rent data for some communities last confirmed on May 8th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Providence County, Rhode Island Affordable Housing Data

Income Based Apartments in Providence County, Rhode Island

Providence County features 19,597 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 Providence County, Rhode Island

There are 5,260 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Providence County.

Housing Choice Vouchers in Providence County, Rhode Island

On average, Section 8 Housing Choice vouchers pay Providence County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Providence County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Providence County, Rhode Island for a two-bedroom apartment is between $1,268 and $1,550.

2023 Providence County, 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
Providence County, Rhode Island Fair Market Rent $1,066 $1,171 $1,409 $1,715 $2,118
Providence County, Rhode Island Payment Standard Range $959 to $1,173 $1,054 to $1,288 $1,268 to $1,550 $1,544 to $1,887 $1,906 to $2,330

Sourced from federal housing data and research.

Providence County, RI Affordable Housing Snapshot

Total Affordable Apartment Properties 303
Total Low Income Apartments 25,129
Total Housing Units with Rental Assistance 19,597
Percentage of Housing Units Occupied By Renters 46.61%
Average Renter Household Size 2.35
Average Household Size 2.53
Median Household Income $49,743 ±$837
Median Rent $887 ±$9
Percentage Of Renters Overburdened 48.42% ± 1.27pp
Total Population 630,459

Population and Household Demographics

Providence County is a county in Rhode Island with a population of 630,459. There are 238,284 households in the county with an average household size of 2.53 persons. 46.61% of households in Providence County are renters.

Income and Rent Overburden in Providence County

The median gross income for households in Providence County is $49,743 a year, or $4,145 a month. The median rent for the county is $887 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Providence County, a household making less than $2,957 a month would be considered overburdened when renting an apartment at or above the median rent. 48.42% of households who rent are overburdened in Providence County.

Area Median Income In Providence County

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.

In Providence County, HUD calculates the Area Median Income for a family of four as $106,000

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 Providence County

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 Providence County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Providence County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$21,500 $24,600 $27,650 $30,700 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Providence County AMI may qualify for rental assistance programs that target Very Low Income households.
$35,850 $41,000 $46,100 $51,200 $55,300 $59,400 $63,500 $67,600
80% AMI Income Limits
Renters earning up to 80% of the Providence County AMI may qualify for rental assistance programs that target Low Income households.
$57,350 $65,550 $73,750 $81,900 $88,500 $95,050 $101,600 $108,150