Affordable and ‘affordable’ apartment rentals in Wareham, what you need to know
“According to HUD’s figures for 2021, fair market rentals upon which to apply the affordable percentage guidelines here are: $1,742 for an efficiency; $1,924 for a one-bedroom unit; $2,336 for a two bedroom; $2,906 for a three bedroom; and $3,168 for a four bedroom.
That’s what’s considered ‘fair,’ but it might not necessarily be affordable in a town where more than 10% of the population is classified as ‘persons in poverty’ by the United States Census Bureau.”