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

Discover affordable housing in Guilford where there are 3+ 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.

Covered Bridge Apartments

121 Water St, Guilford, Maine 04443

Riverbend Apartments

99 Riverbend Dr, Guilford, Maine 04443

Guilford Family Housing Projec

Hudson Ave, Guilford, Maine 04443

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Guilford, Maine
$19.47/hour
$5.32 (+38%) more than Maine minimum wage and $12.22 (+169%) more than the Federal minimum wage.
Learn More About Guilford, Maine Affordable Housing ↓

What HUD offices serve Guilford, 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 Guilford, Maine.

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

How many renters live in Guilford, Maine?

The City of Guilford has 539 people living in 265 households.

There are 103 renters living in 69 renter households in this City. Renters make up 19.11 percent of the population living in Guilford.

What is the rental market like in Guilford, Maine?

There are an estimated 317 housing units in the Guilford area. Of these, 78 units are rental homes, making up 25 percent of the housing market. For every renter household in Guilford, Maine, there are 1 rental units.

What is the vacancy rate for rentals in Guilford?

The rental vacancy rate in Guilford is 12 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 Guilford for each bedroom size?

Occupied Rental Units by Size in Guilford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
11 27 28 0 0
Occupied Rental Units by Size in Guilford

A large number of apartments in Guilford 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 Guilford are overburdened by housing costs?

Among renter households in this market, 17 percent have housing cost burden. Further, 0 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 Guilford

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $697 to $1,535. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $697
One BR $782
Two BR $1,028
Three BR $1,271
Four BR $1,535
2024 Fair Market Rents in Guilford, Maine

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

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 0 100 percent
One BR 27 100 percent
Two BR 28 100 percent
Rental Units Below FMR in Guilford, Maine

How many affordable rental units are in Guilford?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 72
Tracked Units by Federal Program in Guilford, Maine

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

Income Based Apartments in Guilford, Maine

Guilford features 58 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 Guilford, Maine

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Guilford.

Housing Choice Vouchers in Guilford, Maine

On average, Section 8 Housing Choice vouchers pay Guilford landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Guilford.

The maximum amount a voucher would pay on behalf of a low-income tenant in Guilford, Maine for a two-bedroom apartment is between $925 and $1,131.

Sourced from federal housing data and AffordableHousingOnline.com research.