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

Discover affordable housing in Smithsburg where there are 2+ 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.

The Point at Smithburg

G1 Washington Court, Smithsburg, Maryland 21783

The Point at Smithsburg

G1 Washington Ct., Smithsburg, Maryland 21783

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 Smithsburg, 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 Smithsburg, Maryland Affordable Housing ↓

What HUD offices serve Smithsburg, 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 Smithsburg, Maryland.

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

How many renters live in Smithsburg, Maryland?

The City of Smithsburg has 3,028 people living in 1,040 households.

There are 677 renters living in 283 renter households in this City. Renters make up 22.36 percent of the population living in Smithsburg.

What is the rental market like in Smithsburg, Maryland?

There are an estimated 1,107 housing units in the Smithsburg area. Of these, 286 units are rental homes, making up 26 percent of the housing market. For every renter household in Smithsburg, Maryland, there are 1 rental units.

What is the vacancy rate for rentals in Smithsburg?

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

Occupied Rental Units by Size in Smithsburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 49 129 92 9
Occupied Rental Units by Size in Smithsburg

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

Among renter households in this market, 24 percent have housing cost burden. Further, 9 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 Smithsburg

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 Smithsburg, Maryland

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

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 42 86 percent
Two BR 106 82 percent
Rental Units Below FMR in Smithsburg, Maryland

How many affordable rental units are in Smithsburg?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 8
Tracked Units by Federal Program in Smithsburg, Maryland

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

Income Based Apartments in Smithsburg, Maryland

Smithsburg features 76 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 Smithsburg, Maryland

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

Housing Choice Vouchers in Smithsburg, Maryland

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.