Low Income Apartments and Affordable Housing For Rent in Augusta, ME

Discover affordable housing in Augusta where there are 17+ 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 Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Augusta, Maine
$20.91/hour
$6.76 (+48%) more than Maine minimum wage and $13.66 (+188%) more than the Federal minimum wage.
Learn More About Augusta, Maine Affordable Housing ↓

What HUD offices serve Augusta, Maine?

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) programs for Augusta, Maine.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Augusta, Maine.

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

How many renters live in Augusta, Maine?

The City of Augusta has 18,938 people living in 9,249 households.

There are 8,369 renters living in 4,363 renter households in this City. Renters make up 44.19 percent of the population living in Augusta.

What is the rental market like in Augusta, Maine?

There are an estimated 10,048 housing units in the Augusta area. Of these, 4,379 units are rental homes, making up 44 percent of the housing market. For every renter household in Augusta, Maine, there are 1 rental units.

What is the vacancy rate for rentals in Augusta?

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

Occupied Rental Units by Size in Augusta
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
340 1,524 1,539 765 111
Occupied Rental Units by Size in Augusta

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

Among renter households in this market, 46 percent have housing cost burden. Further, 20 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 Augusta

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $857 to $1,622. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $857
One BR $860
Two BR $1,104
Three BR $1,374
Four BR $1,622
2024 Fair Market Rents in Augusta, Maine

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

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 165 49 percent
One BR 1,162 76 percent
Two BR 915 59 percent
Rental Units Below FMR in Augusta, Maine

How many affordable rental units are in Augusta?

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

Federal Program Unit Count
Low Income Housing Tax Credit 482
Section 8 Project-Based Rental Assistance 376
Section 202 Supportive Housing for the Elderly 106
Tracked Units by Federal Program in Augusta, Maine

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

Income Based Apartments in Augusta, Maine

Augusta features 592 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 Augusta, Maine

There are 126 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Augusta.

Housing Choice Vouchers in Augusta, Maine

On average, Section 8 Housing Choice vouchers pay Augusta landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Augusta.

The maximum amount a voucher would pay on behalf of a low-income tenant in Augusta, Maine for a two-bedroom apartment is between $994 and $1,214.

Sourced from federal housing data and AffordableHousingOnline.com research.