Georgetown Apartments I & II

200 Ingramtown Road
Georgetown, Delaware
Call For Rent
1-3 BR
Rent Assisted

Dunbarton Apartments

301 Dunbarton Apartments
Georgetown, Delaware
Call For Rent
1-2 BR

Dunbarton Oaks IV

500 N Margaret St
Georgetown, Delaware

Dunbarton Oaks IV

301 N Margaret St
Georgetown, Delaware

Acorn Acres

100 Charles Way
Georgetown, Delaware

Cheer Apartments

1121 Clark Dr
Georgetown, Delaware

There are 212 low-income apartments in Georgetown that offer reduced rents to eligible households.

Rental assistance programs support 76 low-income homes in Georgetown where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $362 towards rent each month.

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Affordable rent data for some communities last confirmed on January 7th, 2020. Subdsidized rents typically change once a year based on federal guidance.

Affordable Housing Near Georgetown

View affordable apartments and waiting lists in cities near Georgetown

City Apartments
Seaford, DE Affordable Housing programs support 13 apartment communities in Seaford.
Millsboro, DE Affordable Housing programs support 11 apartment communities in Millsboro.
Laurel, DE Affordable Housing programs support 10 apartment communities in Laurel.
Lewes, DE Affordable Housing programs support 7 apartment communities in Lewes.
Bridgeville, DE Affordable Housing programs support 5 apartment communities in Bridgeville.

Public Housing Agencies Serving Georgetown, Delaware

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.

Housing Authority Programs
Delaware State Housing Authority - Section 8 Office Section 8 Housing Choice Voucher (HCV); Moving to Work
Delaware State Housing Authority - Public Housing Office Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work
Go to the Delaware Public Housing and Low-Income Apartments Waiting Lists page for openings near Georgetown.

Georgetown, Delaware Affordable Housing Data

Income Based Apartments in Georgetown, Delaware

Georgetown 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 Georgetown, Delaware

There are 212 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Georgetown.

Housing Choice Vouchers in Georgetown, Delaware

On average, Section 8 Housing Choice vouchers pay Georgetown landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Georgetown.

The maximum amount a voucher would pay on behalf of a low-income tenant in Georgetown, Delaware for a two-bedroom apartment is between $995 and $1,217.

2023 Georgetown, Delaware Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Georgetown, Delaware Fair Market Rent $744 $840 $1,106 $1,443 $1,758
Georgetown, Delaware Payment Standard Range $670 to $818 $756 to $924 $995 to $1,217 $1,299 to $1,587 $1,582 to $1,934

Sourced from federal housing data and research.

Georgetown, DE Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 288
Total Housing Units with Rental Assistance 76
Percentage of Housing Units Occupied By Renters 56.38%
Average Renter Household Size 3.97
Average Household Size 3.37
Median Household Income $45,983 ±$7,768
Median Rent $994 ±$137
Percentage Of Renters Overburdened 33.73% ± 10.82pp
Total Population 6,775

Population and Household Demographics

Georgetown is a city in Sussex County, Delaware with a population of 6,775. There are 1,951 households in the city with an average household size of 3.37 persons. 56.38% of households in Georgetown are renters.

Income and Rent Overburden in Georgetown

The median gross income for households in Georgetown is $45,983 a year, or $3,832 a month. The median rent for the city is $994 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Georgetown, a household making less than $3,313 a month would be considered overburdened when renting an apartment at or above the median rent. 33.73% of households who rent are overburdened in Georgetown.

Area Median Income In Georgetown

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Georgetown, the AMI is calculated from all households within Sussex County.

In Georgetown, HUD calculates the Area Median Income for a family of four as $91,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Georgetown

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Georgetown

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Georgetown AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,650 $20,200 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Georgetown AMI may qualify for rental assistance programs that target Very Low Income households.
$29,400 $33,600 $37,800 $42,000 $45,400 $48,750 $52,100 $55,450
80% AMI Income Limits
Renters earning up to 80% of the Georgetown AMI may qualify for rental assistance programs that target Low Income households.
$47,050 $53,800 $60,500 $67,200 $72,600 $78,000 $83,350 $88,750