Hallowell, Maine Affordable Housing

Affordable Housing programs support 57 income based apartments in Hallowell where households pay rent based on how much they earn.

There are 29 affordable apartments in Hallowell that offer reduced rents to low-income households.

Waiting Lists in Hallowell, Maine

There are no open Section 8 Housing Choice Voucher waiting lists in Hallowell. Go to the Maine Section 8 Waiting Lists page for openings near Hallowell.

Central Commons

6 Beech St
Hallowell, Maine
Call For Rent
Studio-1 BR
Affordable

Cotton Mill

2 Academy St
Hallowell, Maine
Rent Assisted
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Affordable Housing Near Hallowell

View affordable apartments and waiting lists in cities near Hallowell

City Apartments
Augusta, ME Affordable Housing programs support 17 apartment communities in Augusta.
Waterville, ME Affordable Housing programs support 9 apartment communities in Waterville.
Gardiner, ME Affordable Housing programs support 3 apartment communities in Gardiner.
Oakland, ME Affordable Housing programs support 3 apartment communities in Oakland.
Farmingdale, ME Affordable Housing programs support 2 apartment communities in Farmingdale.

Public Housing Agencies Serving Hallowell, 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.

Housing Authority Programs
Maine State Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Maine Public Housing and Low-Income Apartments Waiting Lists page for openings near Hallowell.

Hallowell, Maine Affordable Housing Data

Income Based Apartments in Hallowell, Maine

Hallowell features 57 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 Hallowell, Maine

There are 29 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hallowell.

Housing Choice Vouchers in Hallowell, Maine

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hallowell, Maine for a two-bedroom apartment is between $874 and $1,068.

2023 Hallowell, Maine Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Hallowell, Maine Fair Market Rent $754 $759 $971 $1,203 $1,443
Hallowell, Maine Payment Standard Range $679 to $829 $683 to $835 $874 to $1,068 $1,083 to $1,323 $1,299 to $1,587

Sourced from federal housing data and AffordableHousingOnline.com research.

Hallowell, ME Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 86
Total Housing Units with Rental Assistance 57
Percentage of Housing Units Occupied By Renters 46.73%
Average Renter Household Size 1.59
Average Household Size 1.92
Median Household Income $48,971 ±$8,991
Median Rent $830 ±$60
Percentage Of Renters Overburdened 43.26% ± 13.12pp
Total Population 2,514

Population and Household Demographics

Hallowell is a city in Kennebec County, Maine with a population of 2,514. There are 1,222 households in the city with an average household size of 1.92 persons. 46.73% of households in Hallowell are renters.

Income and Rent Overburden in Hallowell

The median gross income for households in Hallowell is $48,971 a year, or $4,081 a month. The median rent for the city is $830 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hallowell, a household making less than $2,767 a month would be considered overburdened when renting an apartment at or above the median rent. 43.26% of households who rent are overburdened in Hallowell.

Area Median Income In Hallowell

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Hallowell, the AMI is calculated from all households within Kennebec County.

In Hallowell, HUD calculates the Area Median Income for a family of four as $85,500

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 Hallowell

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 HUD Rental Assistance in Hallowell

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Hallowell AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,850 $19,250 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Hallowell AMI may qualify for rental assistance programs that target Very Low Income households.
$28,100 $32,100 $36,100 $40,100 $43,350 $46,550 $49,750 $52,950
80% AMI Income Limits
Renters earning up to 80% of the Hallowell AMI may qualify for rental assistance programs that target Low Income households.
$44,950 $51,350 $57,750 $64,150 $69,300 $74,450 $79,550 $84,700