About This Property
Water's Edge is an affordable housing community in Narragansett, Rhode Island, comprising 32 low-income units placed in service in 2006. The property offers a mix of studio, one-bedroom, two-bedroom, and three-bedroom units designed to serve families. Financing includes tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Narragansett Housing Authority
The Public Housing waiting list is currently closed. There is no information about when it will reopen.
The Housing Choice Voucher (HCV) waiting list is currently closed. There is no information about when it will reopen.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Washington 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 - Washington 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 Narragansett, RI?+
The Fair Market Rent (FMR) for Washington County, RI is: $1289 (Studio), $1398 (1BR), $1693 (2BR), $2047 (3BR), $2536 (4BR). Actual rent at subsidized properties like Water'S Edge is typically 30% of household income or less.
What size apartments are available at Water'S Edge?+
Water'S Edge offers the following unit types: 8 Studio, 16 One-Bedroom, 6 Two-Bedroom, 2 Three-Bedroom units, for a total of 32 units.
Who is eligible to live at Water'S Edge?+
Water'S Edge primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Water'S Edge?+
Water'S Edge is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Narragansett, RI?+
Based on Fair Market Rent for Washington County, the estimated price range is: 1-bedroom: $1398, 2-bedroom: $1693, 3-bedroom: $2047. Actual rent at Water'S Edge may be lower for income-eligible households.
What are the income limits for affordable housing in Washington County, RI?+
For a 4-person household in Washington 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.
Is there a waitlist for Water'S Edge?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Water'S Edge?+
Water'S Edge is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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