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

Discover affordable housing in Smyrna where there are 8+ 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.

Mill Creek Apartments

105 Lawn Drive, Smyrna, Delaware 19977

Heron Run

363 E. Commerce St., Smyrna, Delaware 19977

Commerce Square Apartments

101 Talon Court, Smyrna, Delaware 19977

Arc Hud IX

Lot 142 Twin Willows Rd, Smyrna, Delaware 19977

Frazier Apartments

200 Goldsborough Way, Smyrna, Delaware 19977

Black Diamond Hope House

4966 DuPont Pkwy, Smyrna, Delaware 19977

Mclane Gardens and Mclane Garden Annex

104 McLane Gdns, Smyrna, Delaware 19977

Peach Circle and Holly Square

104 Peach Cir, Smyrna, Delaware 19977

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Smyrna, Delaware
$25.91/hour
$12.66 (+96%) more than Delaware minimum wage and $18.66 (+257%) more than the Federal minimum wage.
Learn More About Smyrna, Delaware Affordable Housing ↓

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

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

How many renters live in Smyrna, Delaware?

The City of Smyrna has 12,870 people living in 4,759 households.

There are 3,645 renters living in 1,519 renter households in this City. Renters make up 28.32 percent of the population living in Smyrna.

What is the rental market like in Smyrna, Delaware?

There are an estimated 5,079 housing units in the Smyrna area. Of these, 1,579 units are rental homes, making up 31 percent of the housing market. For every renter household in Smyrna, Delaware, there are 1 rental units.

What is the vacancy rate for rentals in Smyrna?

The rental vacancy rate in Smyrna is 4 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 Smyrna for each bedroom size?

Occupied Rental Units by Size in Smyrna
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 257 568 632 62
Occupied Rental Units by Size in Smyrna

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

Among renter households in this market, 49 percent have housing cost burden. Further, 26 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 Smyrna

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,110 to $2,152. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,110
One BR $1,117
Two BR $1,368
Three BR $1,928
Four BR $2,152
2024 Fair Market Rents in Smyrna, Delaware

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

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 88 34 percent
Two BR 389 68 percent
Rental Units Below FMR in Smyrna, Delaware

How many affordable rental units are in Smyrna?

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

Federal Program Unit Count
Low Income Housing Tax Credit 245
Section 811 Supportive Housing for Persons with Disabilities 5
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Smyrna, Delaware

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

Income Based Apartments in Smyrna, Delaware

Smyrna features 184 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 Smyrna, Delaware

There are 151 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Smyrna.

Housing Choice Vouchers in Smyrna, Delaware

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Smyrna, Delaware for a two-bedroom apartment is between $1,231 and $1,505.

Sourced from federal housing data and AffordableHousingOnline.com research.