About This Property
Park Holm is a 111-unit affordable housing community in Newport, Rhode Island, with units ranging from one to four bedrooms. The property has served families and disabled residents since 2015, with a unit mix of 14 one-bedroom, 35 two-bedroom, 56 three-bedroom, and 6 four-bedroom apartments. A non-profit organization owns and manages the community.
Waitlist Information
Waitlist managed by The Housing Authority of the City of Newport
Waiting list status for Public Housing programs. Public housing is limited to low-income families and individuals. Eligibility is determined based on annual gross income, status (age 62+, person with a disability, or family), and U.S. citizenship or eligible immigration status.
Accepting applications for the Section 8 Housing Choice Voucher program. Private housing subsidization makes it possible to find housing quickly when the wait list for public housing is long.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Newport County, RI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,289 |
| 1 Bedroom | $1,398 |
| 2 Bedroom | $1,693 |
| 3 Bedroom | $2,047 |
| 4 Bedroom | $2,536 |
Income Limits - Newport County, RI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,300
- Low (80%)
- $48,450
- Extremely Low (30%)
- $20,800
- Very Low (50%)
- $34,600
- Low (80%)
- $55,400
- Extremely Low (30%)
- $23,400
- Very Low (50%)
- $38,950
- Low (80%)
- $62,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,250
- Low (80%)
- $69,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,750
- Low (80%)
- $74,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,200
- Low (80%)
- $80,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,650
- Low (80%)
- $85,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,100
- Low (80%)
- $91,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,200 | $30,300 | $48,450 |
| 2 Persons | $20,800 | $34,600 | $55,400 |
| 3 Persons | $23,400 | $38,950 | $62,300 |
| 4 Persons | $26,500 | $43,250 | $69,200 |
| 5 Persons | $31,040 | $46,750 | $74,750 |
| 6 Persons | $35,580 | $50,200 | $80,300 |
| 7 Persons | $40,120 | $53,650 | $85,850 |
| 8 Persons | $44,660 | $57,100 | $91,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Newport, RI?+
The Fair Market Rent (FMR) for Newport County, RI is: $1289 (Studio), $1398 (1BR), $1693 (2BR), $2047 (3BR), $2536 (4BR). Actual rent at subsidized properties like Park Holm is typically 30% of household income or less.
What size apartments are available at Park Holm?+
Park Holm offers the following unit types: 14 One-Bedroom, 35 Two-Bedroom, 56 Three-Bedroom, 6 Four-Bedroom units, for a total of 111 units.
What are the income limits for affordable housing in Newport County, RI?+
For a 4-person household in Newport County, RI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,250, Low Income (80% AMI): $69,200. These limits are set by HUD and updated annually.
Who is eligible to live at Park Holm?+
Park Holm primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Park Holm?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Park Holm?+
Park Holm is managed by . You can reach them at .
What is the price range for apartments in Newport, RI?+
Based on Fair Market Rent for Newport County, the estimated price range is: 1-bedroom: $1398, 2-bedroom: $1693, 3-bedroom: $2047. Actual rent at Park Holm may be lower for income-eligible households.
How do I apply for housing at Park Holm?+
Park Holm is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Walk Score
Very Walkable
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