116 South High St, Bridgton, ME 04009
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
Since this property is a USDA Section 515 property with rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
The home of your dreams is waiting for you in Bridgton, Maine. Pikes Farm is an affordable apartment home community conveniently located just minutes away from the Rufus Porter Museum. Our location provides easy access to beautiful parks like Pondicherry Park and delicious local dining hotspots. With Freeway 302 close by, your stressful commute will be a thing of the past. Let us be the gateway to your future.
At Pikes Farm, we are proud to offer two unique floor plans designed with your comfort in mind. Our one and two bedroom apartment homes are filled with amenities such as extra storage, a kitchen pantry, and tile floors. We also offer individual garden space for those eager to give it a try. This is a pet-friendly community so remember to bring your pets, we would love to meet them.
Our residents enjoy some of the best community features in the business. Pikes Farm has beautiful landscaping with easy access to walking trails that can help you stay in shape. Visit our laundry facility for assistance with those pesky domestic chores. Additional amenities include disability access, guest parking, a play area, and secure mailboxes. Come and see what makes Pikes Farm the best-kept secret in Bridgton, Maine.
Because it participates in the USDA Section 515 Rural Rental Housing program, Pikes Farm is likely located in a rural community and may be one of only a few rental housing choices in the area. To qualify for residency in a Section 515 property, you must earn 80% or less of Area Median Income (AMI). Since this property also participates in USDA's Section 521 Rental Assistance program, residents who earn 50% of the AMI or less may qualify for a subsidy that limits your rent payment to 30% of your income. Some Section 521 properties do not offer rent subsidies to all of the units, so it is possible a person earning 50% or less of the AMI is placed on a subsidy waiting list. These tenants would have to pay the full rent until their name comes up on the list. Section 515 properties often have smaller units, fewer amenities, and are in worse physical condition than other similar properties. USDA has struggled over the years to keep the physical condition of Section 515 properties in good standing due to budget constraints. These properties are almost always owned and managed by private/corporate owners or nonprofits. If you live in a rural area and need help paying your rent, this property may be good for you. Since this property participates in the RD515 program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
Does Pikes Farm have a waiting list?
Pikes Farm probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Pikes Farm?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Pikes Farm?
Pikes Farm is managed by Realty Resources Management
In addition to Pikes Farm, how many other affordable housing properties (and units) are there in Bridgton?
In addition to Pikes Farm, we list 4 other affordable properties in Bridgton. Learn about these properties here. Our data research shows that there are a total of 68 affordable units in Bridgton.
When was the Pikes Farm listing last updated?
Pikes Farm listing on Affordable Housing Online was last updated on 03/31/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
246 Pond Rd, Bridgton, Maine 04009
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