Affordable & Income-Based Housing in Fall River

Affordability

According to Census ACS 5-Year data (as of 2024), the median gross rent in Fall River is $1,155 per month and the median household income is $56,673 per year. With 65 percent of residents renting, demand for income-restricted housing in the city is high, making the 1,095 HUD-assisted and income-based units tracked here an important resource for local renters.

Safety

According to FBI Crime Data Explorer, the Fall River Police Department reported a violent crime rate of 672 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Fall River

The area around assisted properties in Fall River scores well across all three mobility measures, according to Walk Score.

• Walk Score: 95 - Walker's Paradise. Most errands can be accomplished on foot.
• Transit Score: 52 - Good Transit. Transit is a viable option for many trips.
• Bike Score: 67. Biking is a convenient option for some trips.

Schools

Fall River is served by 22 schools across 4 districts, including 13 elementary, 3 middle, and 6 high schools, according to NCES Common Core of Data. Ratings vary by school and district, so renters should check the assigned schools for a specific address before applying.

Cost of Living in Fall River, MA

The median household income in Fall River is $56,673 per year, according to Census ACS 5-Year data. With a median asking rent of $1,155 per month (Census ACS 5-Year), income-based housing assistance can make a meaningful difference for renters in this city.

• Median household income: $56,673/year (Census ACS 5-Year)
• Median rent: $1,155/month (Census ACS 5-Year)
• Renter households: 65% of occupied units (Census ACS 5-Year)
• HUD-assisted units available: 1,095 across 10 properties

Fall River is a predominantly renter households city, and the 1,095 income-based units tracked on Lease Lantern represent an important share of affordable options here.

Environment & Flood Risk

All 10 HUD-assisted properties in Fall River have been mapped for flood zone exposure. None of them fall in a high-risk flood zone, which is a reassuring finding for renters concerned about flood-related disruptions or insurance requirements.