Low Income Apartments and Affordable Housing For Rent in Laurel, DE

Discover affordable housing in Laurel where there are 10+ 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.

Laurel Commons

100 Laurel Commons Lane, Laurel, Delaware 19956

bed 1
payment $734/mo.

Laurel Commons II

101 Laurel Commons Ln, Laurel, Delaware 19956

bed 1
payment $700/mo.

Hollybrook Farms

501 Holly Brook Apartments, Laurel, Delaware 19956

bed 1-3
payment $546-700/mo.
elderly Senior
accessibility Accessible

Hollybrook Apartments

100 Pasture Ln, Laurel, Delaware 19956

Carvel Gardens

801 Daniel St, Laurel, Delaware 19956

Carvel Gardens Annex

Daniel St, Laurel, Delaware 19956

Little Creek Aka Orchard Glen V

505 Little Creek Dr, Laurel, Delaware 19956

Little Creek Apartments

701 Little Creek Dr, Laurel, Delaware 19956

Wexford Village

56 Sunset Dr, Laurel, Delaware 19956

Hollybrook Farms ( I, III, IV )

1111 Grazing Ct, Laurel, Delaware 19956

How To Identify Affordable Housing in Laurel, Delaware

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Laurel, Delaware
$24.58/hour
$11.33 (+86%) more than Delaware minimum wage and $17.33 (+239%) more than the Federal minimum wage.
Learn More About Laurel, Delaware Affordable Housing ↓

What HUD offices serve Laurel, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Moving to Work programs for Laurel, Delaware.
Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work programs for Laurel, Delaware.

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

How many renters live in Laurel, Delaware?

The City of Laurel has 3,954 people living in 1,315 households.

There are 2,847 renters living in 855 renter households in this City. Renters make up 72 percent of the population living in Laurel.

What is the rental market like in Laurel, Delaware?

There are an estimated 1,471 housing units in the Laurel area. Of these, 897 units are rental homes, making up 61 percent of the housing market. For every renter household in Laurel, Delaware, there are 1 rental units.

What is the vacancy rate for rentals in Laurel?

The rental vacancy rate in Laurel is 5 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 Laurel for each bedroom size?

Occupied Rental Units by Size in Laurel
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
70 33 413 264 75
Occupied Rental Units by Size in Laurel

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

Among renter households in this market, 55 percent have housing cost burden. Further, 33 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 Laurel

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $909 to $2,037. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $909
One BR $988
Two BR $1,298
Three BR $1,656
Four BR $2,037
2024 Fair Market Rents in Laurel, Delaware

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

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 70 100 percent
One BR 11 33 percent
Two BR 270 65 percent
Rental Units Below FMR in Laurel, Delaware

How many affordable rental units are in Laurel?

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

Federal Program Unit Count
Low Income Housing Tax Credit 356
Section 8 Project-Based Rental Assistance 225
Section 202 Supportive Housing for the Elderly 39
USDA Section 515 Rural Rental Housing 124
Tracked Units by Federal Program in Laurel, Delaware

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

Income Based Apartments in Laurel, Delaware

Laurel features 467 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 Laurel, Delaware

There are 105 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Laurel.

Housing Choice Vouchers in Laurel, Delaware

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Laurel, Delaware for a two-bedroom apartment is between $1,168 and $1,428.

Sourced from federal housing data and AffordableHousingOnline.com research.