Cheap Apartments In Franklin County
Maine

Sherwood Apartments

382 High St
Farmington, ME
Income Based
3-4 BR
Subsidized

MC Smith Apartments

185 Fairbanks Rd
Farmington, ME
Income Based
1-2 BR
Subsidized

Deer Crossing Apartments

264 Titcomb Hill Rd
Farmington, ME
1-2 BR
HCV Welcome

Fernwold Homes

60 US 2 East
Wilton, ME
1-2 BR
HCV Welcome

Blueberry Hill Apartments

145 North St
Farmington, ME
Subsidized

There are 17 low income housing apartment complexes which contain 390 affordable apartments for rent in Franklin County, Maine. Many of these rental apartments are income based housing with about 254 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 84 Project-Based Section 8 subsidized apartments in Franklin County. There are 482 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Franklin County

The Maine State Housing Authority is a Section 8 public housing agency in Augusta, Maine.

Understanding Affordable Housing in Franklin County, Maine

Franklin County, ME Affordable Housing Snapshot

Total Affordable Apartment Properties17
Total Low Income Apartments390
Total Rent Assisted Apartments254
Percentage of Housing Units Occupied By Renters20.14%
Average Renter Household Size2.32
Total Population30,402
Housing Units11,841
Average Household Size2.48
Median Household Income$42,811 ±$2,003
Median Rent$635 ±$42
Percentage Of Renters Overburdened43.98% ± 7.46pp

Population and Household Demographics

Franklin County is a County in Maine with a population of 30,402. There are 11,841 households in the county with an average household size of 2.48 persons. 20.14% of households in Franklin County are renters.

Income and Rent Overburden in Franklin County

The median gross income for households in Franklin County is $42,811 a year, or $3,568 a month. The median rent for the county is $635 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Franklin County, a household making less than $2,117 a month would be considered overburdened when renting an apartment at or above the median rent.43.98% of households who rent are overburdened in Franklin County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 7.46 percentage points.

Area Median Income In Franklin County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Franklin County, HUD calculates the Area Median Income for a family of four as $55,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Franklin County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Franklin County HUD Rental Assistance in Franklin County

Income1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
30% of Median$12,650$16,460$20,780$25,100$29,420$33,740$37,350$39,750
50% of Median$21,100$24,100$27,100$30,100$32,550$34,950$37,350$39,750
80% of Median$33,750$38,550$43,350$48,150$52,050$55,900$59,750$63,600

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Franklin County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2006, 7 low income apartment communities containing 149 rental apartments have been constructed and made affordable to low income persons in Franklin County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Franklin County by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Franklin County

Income1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
50% of Median$21,100$24,100$27,100$30,100$32,550$34,950$37,350$39,750
60% of Median$25,320$28,920$32,520$36,120$39,060$41,940$44,820$47,700

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Franklin County is $32,520 a year, or $2,710 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,710 by 30% to get a maximum rent of $813 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMIStudio1 Bed2 Bed3 Bed4 Bed5 Bed
50%$528$565$678$783$874$964
60%$633$678$813$940$1,049$1,157
Fair Market Rents in Franklin County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2018 Fair Market Rents
StudioOne BRTwo BRThree BRFour BR
$559$597$697$883$949

Cities In Franklin County

Select A City to View its Apartment Communities and Waiting Lists.

CityListingsServed By
Rangeley2The HUD funded Public Housing Agency that serves Rangeley is the Maine State Housing Authority.
Farmington6The HUD funded Public Housing Agency that serves Farmington is the Maine State Housing Authority.
Eustis1The HUD funded Public Housing Agency that serves Eustis is the Maine State Housing Authority.
Wilton2The HUD funded Public Housing Agency that serves Wilton is the Maine State Housing Authority.
Strong2The HUD funded Public Housing Agency that serves Strong is the Maine State Housing Authority.
Kingfield2The HUD funded Public Housing Agency that serves Kingfield is the Maine State Housing Authority.
Jay2The HUD funded Public Housing Agency that serves Jay is the Maine State Housing Authority.
Phillips0The HUD funded Public Housing Agency that serves Phillips is the Maine State Housing Authority.
Avon0The HUD funded Public Housing Agency that serves Avon is the Maine State Housing Authority.
Carrabassett Valley0The HUD funded Public Housing Agency that serves Carrabassett Valley is the Maine State Housing Authority.
Carthage0The HUD funded Public Housing Agency that serves Carthage is the Maine State Housing Authority.
Chesterville0The HUD funded Public Housing Agency that serves Chesterville is the Maine State Housing Authority.
Chisholm0The HUD funded Public Housing Agency that serves Chisholm is the Maine State Housing Authority.
Coplin plantation0The HUD funded Public Housing Agency that serves Coplin plantation is the Maine State Housing Authority.
Dallas plantation0The HUD funded Public Housing Agency that serves Dallas plantation is the Maine State Housing Authority.
East Central Franklin UT0The HUD funded Public Housing Agency that serves East Central Franklin UT is the Maine State Housing Authority.
Industry0The HUD funded Public Housing Agency that serves Industry is the Maine State Housing Authority.
New Sharon0The HUD funded Public Housing Agency that serves New Sharon is the Maine State Housing Authority.
New Vineyard0The HUD funded Public Housing Agency that serves New Vineyard is the Maine State Housing Authority.
North Franklin UT0The HUD funded Public Housing Agency that serves North Franklin UT is the Maine State Housing Authority.
Rangeley plantation0The HUD funded Public Housing Agency that serves Rangeley plantation is the Maine State Housing Authority.
Sandy River plantation0The HUD funded Public Housing Agency that serves Sandy River plantation is the Maine State Housing Authority.
South Franklin UT0The HUD funded Public Housing Agency that serves South Franklin UT is the Maine State Housing Authority.
Temple0The HUD funded Public Housing Agency that serves Temple is the Maine State Housing Authority.
Weld0The HUD funded Public Housing Agency that serves Weld is the Maine State Housing Authority.
West Central Franklin UT0The HUD funded Public Housing Agency that serves West Central Franklin UT is the Maine State Housing Authority.
Wyman UT0The HUD funded Public Housing Agency that serves Wyman UT is the Maine State Housing Authority.