Low Income Apartments and Affordable Housing For Rent in Maugansville, MD

Discover affordable housing in Maugansville 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.

Greenside Elderly

14036 Village Mill Dr, Maugansville, Maryland 21767

Greenside Apartments II

419 North St, Maugansville, Maryland 0

Greenside Apartments III

416 North St, Maugansville, Maryland 0

calendar_today Opened: Apr 1
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Maugansville, Maryland
$23.20/hour
$8.20 (+55%) more than Maryland minimum wage and $15.95 (+220%) more than the Federal minimum wage.
Learn More About Maugansville, Maryland Affordable Housing ↓

What HUD offices serve Maugansville, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Maugansville, Maryland.

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

How many renters live in Maugansville, Maryland?

The City of Maugansville has 2,770 people living in 1,254 households.

There are 506 renters living in 384 renter households in this City. Renters make up 18.27 percent of the population living in Maugansville.

What is the rental market like in Maugansville, Maryland?

There are an estimated 1,354 housing units in the Maugansville area. Of these, 434 units are rental homes, making up 32 percent of the housing market. For every renter household in Maugansville, Maryland, there are 1 rental units.

What is the vacancy rate for rentals in Maugansville?

The rental vacancy rate in Maugansville 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 Maugansville for each bedroom size?

Occupied Rental Units by Size in Maugansville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 153 74 157 0
Occupied Rental Units by Size in Maugansville

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

Among renter households in this market, 31 percent have housing cost burden. Further, 18 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 Maugansville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $830 to $1,889. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $830
One BR $932
Two BR $1,225
Three BR $1,713
Four BR $1,889
2024 Fair Market Rents in Maugansville, Maryland

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

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
One BR 126 82 percent
Two BR 53 72 percent
Rental Units Below FMR in Maugansville, Maryland

How many affordable rental units are in Maugansville?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Maugansville, Maryland

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

Income Based Apartments in Maugansville, Maryland

Maugansville features 32 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 Maugansville, Maryland

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Maugansville.

Housing Choice Vouchers in Maugansville, Maryland

On average, Section 8 Housing Choice vouchers pay Maugansville landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Maugansville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Maugansville, Maryland for a two-bedroom apartment is between $1,103 and $1,348.

Sourced from federal housing data and AffordableHousingOnline.com research.