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

Discover affordable housing in Millsboro 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.

The Villages at Iron Branch

17 Parker Cir, Millsboro, Delaware 19966

Millsboro Village Apartments I

210 Thomas Taylor Drive, Millsboro, Delaware 19966

Millsboro Village II

701 Stanford Bratton Dr, Millsboro, Delaware 19966

Brandywine Apartments

401 Monroe , Millsboro, Delaware 19966

Old Landing Apartments II

29320 White St, Millsboro, Delaware 19966

Long Neck Apartments

25927 River Bend Rd, Millsboro, Delaware 19966

Old Landing Apartments

100 White St, Millsboro, Delaware 19966

Mill Chase Apartments

14 Mill Chase Cir, Millsboro, Delaware 19966

Lingo Creek Apartments

32980 Shoppes At Long Neck Blvd, Millsboro, Delaware 19966

Brandywine III

401 Wilson Highway, Millsboro, Delaware 19947

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Millsboro, 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 Millsboro, Delaware Affordable Housing ↓

What HUD offices serve Millsboro, 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 Millsboro, Delaware.
Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work programs for Millsboro, Delaware.

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

How many renters live in Millsboro, Delaware?

The City of Millsboro has 6,876 people living in 2,891 households.

There are 2,785 renters living in 1,007 renter households in this City. Renters make up 40.5 percent of the population living in Millsboro.

What is the rental market like in Millsboro, Delaware?

There are an estimated 3,041 housing units in the Millsboro area. Of these, 1,007 units are rental homes, making up 33 percent of the housing market. For every renter household in Millsboro, Delaware, there are 1 rental units.

What is the vacancy rate for rentals in Millsboro?

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

Occupied Rental Units by Size in Millsboro
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
27 145 386 402 47
Occupied Rental Units by Size in Millsboro

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

Among renter households in this market, 47 percent have housing cost burden. Further, 11 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 Millsboro

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 Millsboro, Delaware

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

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 17 63 percent
One BR 80 55 percent
Two BR 258 67 percent
Rental Units Below FMR in Millsboro, Delaware

How many affordable rental units are in Millsboro?

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

Federal Program Unit Count
Low Income Housing Tax Credit 260
Section 8 Project-Based Rental Assistance 80
USDA Section 515 Rural Rental Housing 50
Tracked Units by Federal Program in Millsboro, Delaware

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

Income Based Apartments in Millsboro, Delaware

Millsboro features 94 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 Millsboro, Delaware

There are 328 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Millsboro.

Housing Choice Vouchers in Millsboro, Delaware

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.