Affordable Housing In Milford
Kent County,Delaware

Jump to:

There are 18 low income housing apartment complexes which contain 841 affordable apartments for rent in Milford, Delaware. Many of these rental apartments are income based housing with about 307 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 237 Project-Based Section 8 subsidized apartments in Milford. There are 623 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Affordable Apartments in Milford

Image of Milford Crossing
806A Moyer Circle East
Milford, Delaware
Milford Crossing is a 60 unit low income housing apartment community that provides 2-3 bedroom apartments for rent in Milford.
Apartments in this community are not rent subsidized. However, this apartment community has rents considered affordable for low income families in Milford.
Low Income Housing Tax Credit
Accepts Housing Choice Vouchers
View More
Image of Mispillion Apartments
504 Mispillion Apartments
Milford, Delaware
Mispillion Apartments is a low income housing apartment community that provides 1-2 bedroom apartments for rent in Milford.
Image of The Villas at Milford Crossing
806A Moyer Circle-East
Milford, Delaware
The Villas at Milford Crossing is a low income housing apartment community that provides 1-2 bedroom apartments for rent in Milford.
5 Linstone Ln
Milford, Delaware
Silver Lakes Estates is a 146 unit low income housing apartment community in Milford.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Project-Based Section 8
Project Based Rental Assistance
View More
36 W Clarke Ave
Milford, Delaware
Dima X is a 10 unit low income housing apartment community in Milford.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Section 811 Supportive Housing for Persons with Disabilities
Project Based Rental Assistance
Accessible Units
Persons With Disabilities
View More

Understanding Affordable Housing in Milford, Delaware

Milford, DE Affordable Housing Snapshot

Total Affordable Apartment Properties18
Total Low Income Apartments841
Total Rent Assisted Apartments307
Percentage of Housing Units Occupied By Renters41.61%
Average Renter Household Size2.58
Total Population9,993
Housing Units3,838
Average Household Size2.52
Median Household Income$45,368 ±$6,141
Median Rent$831 ±$73
Percentage Of Renters Overburdened43.71% ± 10.29pp

Population and Household Demographics

Milford is a City in Kent County, Delaware with a population of 9,993. There are 3,838 households in the city with an average household size of 2.52 persons. 41.61% of households in Milford are renters.

Income and Rent Overburden in Milford

The median gross income for households in Milford is $45,368 a year, or $3,781 a month. The median rent for the city is $831 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Milford, a household making less than $2,770 a month would be considered overburdened when renting an apartment at or above the median rent.43.71% of households who rent are overburdened in Milford.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 10.29 percentage points.

Area Median Income In Milford

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 Milford, the AMI is calculated from all households within Kent County.

In Milford, HUD calculates the Area Median Income for a family of four as $65,000

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 Milford

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.

Milford HUD Rental Assistance Income Limits

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
30%$13,650$16,240$20,420$24,600$28,780$32,960$37,140$41,320
50%$22,750$26,000$29,250$32,500$35,100$37,700$40,300$42,900
80%$36,400$41,600$46,800$52,000$56,200$60,350$64,500$68,650

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Milford

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1993 to 2009, 8 low income apartment communities containing 518 rental apartments have been constructed and made affordable to low income persons in Milford by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Milford by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Milford Low Income Housing Tax Credit Income Limits

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
50%$22,750$26,000$29,250$32,500$35,100$37,700$40,300$42,900
HERA 50%$25,300$28,900$32,500$36,100$39,000$41,900$44,800$47,700
60%$27,300$31,200$35,100$39,000$42,120$45,240$48,360$51,480
HERA 60%$30,360$34,680$39,000$43,320$46,800$50,280$53,760$57,240

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Milford is $35,100 a year, or $2,925 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,925 by 30% to get a maximum rent of $878 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMIStudio1 Bed2 Bed3 Bed4 Bed5 Bed
50%$569$609$731$845$943$1,040
60%$683$731$878$1,014$1,131$1,248
Fair Market Rents in Milford

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2018 Fair Market Rents
StudioOne BRTwo BRThree BRFour BR
$771$809$933$1,359$1,644