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Affordable Housing In Warwick
Kent County, Rhode Island

19 Low Income Apartment Communities In Warwick

Matthew Xxv

359 Greenwich Ave
Warwick, Rhode Island
Subsidized

Warwick Terrace

25 Easton Ave
Warwick, Rhode Island

West Shore Terrace

3070 W Shore Rd
Warwick, Rhode Island

Meadowbrook Terrace

2220 Warwick Ave
Warwick, Rhode Island

Warwick Ha

82 Abbey Ave
Warwick, Rhode Island

Shawomet

1035 W Shore Rd
Warwick, Rhode Island

School House Place

1515 W Shore Rd
Warwick, Rhode Island
Accepts Vouchers

Rhode Island Family Shelter

165 Beach Ave
Warwick, Rhode Island
Accepts Vouchers

Jefferson Convent

639 Jefferson Blvd
Warwick, Rhode Island
Accepts Vouchers

Housing Authorities that serve Warwick

Housing Authority Programs
Warwick Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Rhode Island Housing Choice Voucher Program Centralized Wait List Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Warwick, Rhode Island

There are 19 low income housing apartment communities offering 1,463 affordable apartments for rent in Warwick, Rhode Island.

Income Based Apartments in Warwick, Rhode Island

Warwick features 1,438 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 Warwick, Rhode Island

There are 25 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Warwick.

Housing Choice Vouchers in Warwick, Rhode Island

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Warwick, Rhode Island for a two-bedroom apartment is between $968 and $1,183.

2020 Warwick, 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 $794 $898 $1,075 $1,340 $1,591
Payment Standard Range $715 to $873 $808 to $988 $968 to $1,183 $1,206 to $1,474 $1,432 to $1,750

Sourced from federal housing data and AffordableHousingOnline.com research.

Warwick, RI Affordable Housing Snapshot

Total Affordable Apartment Properties 19
Total Low Income Apartments 1,463
Total Housing Units with Rental Assistance 1,438
Percentage of Housing Units Occupied By Renters 28.5%
Average Renter Household Size 1.87
Average Household Size 2.32
Median Household Income $66,044 ±$1,796
Median Rent $1,064 ±$27
Percentage Of Renters Overburdened 45.1% ± 4.51pp
Total Population 81,855

Population and Household Demographics

Warwick is a city in Kent County, Rhode Island with a population of 81,855. There are 34,891 households in the city with an average household size of 2.32 persons. 28.5% of households in Warwick are renters.

Income and Rent Overburden in Warwick

The median gross income for households in Warwick is $66,044 a year, or $5,504 a month. The median rent for the city is $1,064 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Warwick, a household making less than $3,547 a month would be considered overburdened when renting an apartment at or above the median rent. 45.1% of households who rent are overburdened in Warwick.

Area Median Income In Warwick

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 Warwick, the AMI is calculated from all households within Kent County.

In Warwick, 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 Warwick

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 Warwick

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