Affordable Housing In Providence
Providence County, Rhode Island

142 Low Income Apartment Communities In Providence

Parkis Place

9 Parkis Ave
Providence, Rhode Island
Subsidized

Fox Point Manor

575 Wickenden St
Providence, Rhode Island
Subsidized

Grandview Apartments

42 Victor St
Providence, Rhode Island
Subsidized
62+
Accessible
Elderly Supportive Housing

New Start Housing

24 Tecumseh St
Providence, Rhode Island
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Harwol Court

211 Adelaide Ave
Providence, Rhode Island
Subsidized

Hagan Manor

30 Hagan St
Providence, Rhode Island
Subsidized

Westminster Street Supported Living

1577 Westminster St
Providence, Rhode Island
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Charlesgate East

50 Randall St
Providence, Rhode Island
Subsidized

Independence House

100 Glasgow St
Providence, Rhode Island
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Riveredge Village

993 Manton Ave
Providence, Rhode Island
Subsidized

Housing Authorities that serve Providence

Housing Authority Programs
Providence Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Providence, Rhode Island

There are 142 low income housing apartment communities offering 10,695 affordable apartments for rent in Providence, Rhode Island.

Income Based Apartments in Providence, Rhode Island

Providence features 7,468 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, Rhode Island

There are 3,079 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Providence.

Housing Choice Vouchers in Providence, Rhode Island

On average, Section 8 Housing Choice vouchers pay Providence landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Providence.

The maximum amount a voucher would pay on behalf of a low-income tenant in Providence, Rhode Island for a two-bedroom apartment is between $1,033 and $1,263.

2021 Providence, 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, Rhode Island Fair Market Rent $848 $955 $1,148 $1,428 $1,714
Providence, Rhode Island Payment Standard Range $763 to $933 $860 to $1,051 $1,033 to $1,263 $1,285 to $1,571 $1,543 to $1,885

Sourced from federal housing data and AffordableHousingOnline.com research.

Providence, RI Affordable Housing Snapshot

Total Affordable Apartment Properties 142
Total Low Income Apartments 10,695
Total Housing Units with Rental Assistance 7,468
Percentage of Housing Units Occupied By Renters 65.14%
Average Renter Household Size 2.58
Average Household Size 2.68
Median Household Income $37,501 ±$1,625
Median Rent $913 ±$16
Percentage Of Renters Overburdened 50.88% ± 2.17pp
Total Population 178,680

Population and Household Demographics

Providence is a city in Providence County, Rhode Island with a population of 178,680. There are 61,481 households in the city with an average household size of 2.68 persons. 65.14% of households in Providence are renters.

Income and Rent Overburden in Providence

The median gross income for households in Providence is $37,501 a year, or $3,125 a month. The median rent for the city is $913 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Providence, a household making less than $3,043 a month would be considered overburdened when renting an apartment at or above the median rent. 50.88% of households who rent are overburdened in Providence.

Area Median Income In Providence

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 Providence, the AMI is calculated from all households within Providence County.

In Providence, HUD calculates the Area Median Income for a family of four as $86,500

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

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

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 AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,200 $20,800 $23,400 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Providence AMI may qualify for rental assistance programs that target Very Low Income households.
$30,300 $34,600 $38,950 $43,250 $46,750 $50,200 $53,650 $57,100
80% AMI Income Limits
Renters earning up to 80% of the Providence AMI may qualify for rental assistance programs that target Low Income households.
$48,450 $55,400 $62,300 $69,200 $74,750 $80,300 $85,850 $91,350