Low Income Apartments and Affordable Housing For Rent in Bucksport, ME

Discover affordable housing in Bucksport where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Bucksport Square

125 Broadway Ext, Bucksport, Maine 04416

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bucksport, Maine
$22.50/hour
$8.35 (+59%) more than Maine minimum wage and $15.25 (+210%) more than the Federal minimum wage.
Learn More About Bucksport, Maine Affordable Housing ↓

What HUD offices serve Bucksport, Maine?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Bucksport, Maine.

Go to the Maine Public Housing and Low-Income Apartments Waiting Lists page for openings near Bucksport.

How many renters live in Bucksport, Maine?

The City of Bucksport has 2,947 people living in 1,364 households.

There are 622 renters living in 402 renter households in this City. Renters make up 21.11 percent of the population living in Bucksport.

What is the rental market like in Bucksport, Maine?

There are an estimated 1,445 housing units in the Bucksport area. Of these, 450 units are rental homes, making up 31 percent of the housing market. For every renter household in Bucksport, Maine, there are 1 rental units.

What is the vacancy rate for rentals in Bucksport?

The rental vacancy rate in Bucksport is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Bucksport for each bedroom size?

Occupied Rental Units by Size in Bucksport
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
131 118 115 0 25
Occupied Rental Units by Size in Bucksport

A large number of apartments in Bucksport have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Bucksport are overburdened by housing costs?

Among renter households in this market, 51 percent have housing cost burden. Further, 13 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Bucksport

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $996 to $1,582. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $996
One BR $1,002
Two BR $1,188
Three BR $1,576
Four BR $1,582
2024 Fair Market Rents in Bucksport, Maine

How many units are rented at Fair Market Rent (FMR) in Bucksport?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 130 99 percent
One BR 46 39 percent
Two BR 93 81 percent
Rental Units Below FMR in Bucksport, Maine

How many affordable rental units are in Bucksport?

There are a variety of federal affordable housing programs serving households in Bucksport, Maine including the following:

Federal Program Unit Count
Mod Rehab Project-Based Rental Assistance 6
Section 202 Supportive Housing for the Elderly 26
USDA Section 515 Rural Rental Housing 49
Tracked Units by Federal Program in Bucksport, Maine

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Bucksport, Maine

Bucksport features 25 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Bucksport, Maine

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bucksport.

Housing Choice Vouchers in Bucksport, Maine

On average, Section 8 Housing Choice vouchers pay Bucksport landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Bucksport.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bucksport, Maine for a two-bedroom apartment is between $1,069 and $1,307.

Sourced from federal housing data and AffordableHousingOnline.com research.