Low Income Apartments and Affordable Housing For Rent in Boothbay Harbor, ME

Discover affordable housing in Boothbay Harbor where there are 4+ 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.

Bay Landing II

8 Bay Landing Lane, Boothbay Harbor, Maine 4538

Campbell Creek Village

1 and 2 Andrea Lane, Boothbay Harbor, Maine 04538

Bay Landing

8 Bay Landing Lane, Boothbay Harbor, Maine 04538

Harbor View Apartments

23 School St, Boothbay Harbor, Maine 04538

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Boothbay Harbor, Maine
$22.41/hour
$8.26 (+58%) more than Maine minimum wage and $15.16 (+209%) more than the Federal minimum wage.
Learn More About Boothbay Harbor, Maine Affordable Housing ↓

What HUD offices serve Boothbay Harbor, 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 Boothbay Harbor, Maine.

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

How many renters live in Boothbay Harbor, Maine?

The City of Boothbay Harbor has 982 people living in 470 households.

There are 187 renters living in 133 renter households in this City. Renters make up 19.04 percent of the population living in Boothbay Harbor.

What is the rental market like in Boothbay Harbor, Maine?

There are an estimated 914 housing units in the Boothbay Harbor area. Of these, 171 units are rental homes, making up 19 percent of the housing market. For every renter household in Boothbay Harbor, Maine, there are 1 rental units.

What is the vacancy rate for rentals in Boothbay Harbor?

The rental vacancy rate in Boothbay Harbor is 22 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Boothbay Harbor for each bedroom size?

Occupied Rental Units by Size in Boothbay Harbor
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 64 45 5 12
Occupied Rental Units by Size in Boothbay Harbor

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

Among renter households in this market, 22 percent have housing cost burden. Further, 5 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 Boothbay Harbor

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $942 to $1,654. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $942
One BR $978
Two BR $1,183
Three BR $1,575
Four BR $1,654
2024 Fair Market Rents in Boothbay Harbor, Maine

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

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 0 100 percent
One BR 64 100 percent
Two BR 7 16 percent
Rental Units Below FMR in Boothbay Harbor, Maine

How many affordable rental units are in Boothbay Harbor?

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

Federal Program Unit Count
Section 202 Supportive Housing for the Elderly 37
Tracked Units by Federal Program in Boothbay Harbor, Maine

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

Income Based Apartments in Boothbay Harbor, Maine

Boothbay Harbor features 82 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 Boothbay Harbor, Maine

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Boothbay Harbor.

Housing Choice Vouchers in Boothbay Harbor, Maine

On average, Section 8 Housing Choice vouchers pay Boothbay Harbor landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Boothbay Harbor.

The maximum amount a voucher would pay on behalf of a low-income tenant in Boothbay Harbor, Maine for a two-bedroom apartment is between $1,065 and $1,301.

Sourced from federal housing data and AffordableHousingOnline.com research.