What HUD offices serve Fairmount Heights, Maryland?
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.
Go to the Maryland Public Housing and Low-Income Apartments Waiting Lists page for openings near Fairmount Heights.
How many renters live in Fairmount Heights, Maryland?
The City of Fairmount Heights has 1,490 people living in 586 households.
There are 220 renters living in 67 renter households in this City. Renters make up 14.77 percent of the population living in Fairmount Heights.
What is the rental market like in Fairmount Heights, Maryland?
There are an estimated 599 housing units in the Fairmount Heights area. Of these, 67 units are rental homes, making up 11 percent of the housing market. For every renter household in Fairmount Heights, Maryland, there are 1 rental units.
What is the vacancy rate for rentals in Fairmount Heights?
The rental vacancy rate in Fairmount Heights is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Fairmount Heights for each bedroom size?
Occupied Rental Units by Size in Fairmount Heights
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 4 | 0 | 13 | 45 | 5 |
Occupied Rental Units by Size in Fairmount Heights
A large number of apartments in Fairmount Heights 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 Fairmount Heights are overburdened by housing costs?
Among renter households in this market, 79 percent have housing cost burden. Further, 51 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 Fairmount Heights
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,772 to $3,015. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,772 |
| One BR | $1,803 |
| Two BR | $2,045 |
| Three BR | $2,544 |
| Four BR | $3,015 |
2024 Fair Market Rents in Fairmount Heights, Maryland
How many units are rented at Fair Market Rent (FMR) in Fairmount Heights?
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 |
| Two BR | 0 | 100 percent |
Rental Units Below FMR in Fairmount Heights, Maryland
How many affordable rental units are in Fairmount Heights?
There are a variety of federal affordable housing programs serving households in Fairmount Heights, Maryland including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 59 |
Tracked Units by Federal Program in Fairmount Heights, Maryland
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fairmount Heights, Maryland
Fairmount Heights features 0 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 Fairmount Heights, Maryland
There are 68 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fairmount Heights.
Housing Choice Vouchers in Fairmount Heights, Maryland
On average, Section 8 Housing Choice vouchers pay Fairmount Heights landlords $1,200 per month towards rent. The average voucher holder contributes $400 towards rent in Fairmount Heights.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fairmount Heights, Maryland for a two-bedroom apartment is between $1,841 and $2,250.
Sourced from federal housing data and AffordableHousingOnline.com research.
