Affordable Housing Options

Our rental portfolio currently includes over 450 apartments across 14 developments in Providence—nine in the Olneyville neighborhood and five in the Elmwood neighborhood—and one development in East Providence. We have affordable rental housing options for individuals who fall within low-income and moderate-income guidelines. Our properties are managed by Peabody Properties.

Questions? Contact us today! 

  • Email

    OneNB@nullpeabodyproperties.com

  • Phone

    (401) 455-0814
  • In Person

    66 Chaffee Street
    (Mon-Fri 9am-5pm)

Interested in renting? Complete and return our rental application to get started.

Looking for information specific to our 1-bedroom apartments available?

Looking for information specific to our new Residences at Riverside Square development in East Providence?

Income Limits for our Affordable Housing

Area median income—often referred to as simply AMI—is a key metric in affordable housing. Eligibility for our apartments is dependent upon your household income and the number of people living in your house. With that information, we’ll determine which of our apartments you are eligible for. 

Apartment eligibility and AMI can get confusing, but don’t worry; our team is here to help make the process simple! 

Complete an application today and someone from the team will contact you with rental options available for you. 

Family SizeMaximum Household Income*
1 Personup to $57,350
2 Personup to $65,550
3 Personup to $73,750
4 Personup to $81,900
5 Personup to $88,500
6 Personup to $95,050
7 Personup to $101,600
8 Personup to $108,150

The maximum income for many of our apartments may be much less.