Affordable Housing In Hancock County
Maine

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There are 22 low income housing apartment complexes which contain 1,557 affordable apartments for rent in Hancock County, Maine. Many of these rental apartments are income based housing with about 1,419 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 32 Project-Based Section 8 subsidized apartments in Hancock County. There are 1,220 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

The HUD funded Public Housing Agency that serves Hancock County is the Maine State Housing Authority.

The HUD funded Public Housing Agencies that are located in, but may not directly serve, Hancock County are the Southwest Harbor Housing Authority, Bar Harbor Housing Authority, Mount Desert Housing Authority, Tremont Housing Authority and Ellsworth Housing Authority.

Affordable Apartments in Hancock County

Route #182 Apt #
Franklin, Maine
Pinebrook PB is a 18 unit low income housing apartment community that provides 1-3 bedroom apartments for rent in Franklin.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Section 202 Supportive Housing for the Elderly Project Based Rental Assistance Senior (62+) Accessible Units
21 Edgewood Wy.
Ellsworth, Maine
The Meadows TM is a 32 unit low income housing apartment community that provides 1-3 bedroom apartments for rent in Ellsworth.
Apartments in this community are not rent subsidized. However, this apartment community has rents considered affordable for low income families in Ellsworth.
Low Income Housing Tax Credit
Atlantic Rd
Swans Island, Maine
Atlantic Apartments is a 8 unit low income housing apartment community in Swans Island.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Project-Based Section 8 Project Based Rental Assistance
81 N Deer Isle Rd
Deer Isle, Maine
Deer Run Apartments is a 40 unit low income housing apartment community in Deer Isle.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Section 202 Supportive Housing for the Elderly Project Based Rental Assistance Senior (62+) Accessible Units
276 Knox Rd
Bar Harbor, Maine
Knox District Housing is a 14 unit low income housing apartment community in Bar Harbor.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Section 202 Supportive Housing for the Elderly Project Based Rental Assistance Senior (62+) Accessible Units

Housing Authorities that serve Hancock County

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

Other Housing Authorities located in Hancock County

The Southwest Harbor Housing Authority is a Section 8 and Public Housing public housing agency in Southwest Harbor, Maine.

The Bar Harbor Housing Authority is a Section 8 and Public Housing public housing agency in Bar Harbor, Maine.

The Mount Desert Housing Authority is a Section 8 and Public Housing public housing agency in Mount Desert, Maine.

The Tremont Housing Authority is a Section 8 and Public Housing public housing agency in Bass Harbor, Maine.

The Ellsworth Housing Authority is a Section 8 and Public Housing public housing agency in Ellsworth, Maine.

Understanding Affordable Housing in Hancock County, Maine

Hancock County, ME Affordable Housing Snapshot

Total Affordable Apartment Properties 22
Total Low Income Apartments 1,557
Total Rent Assisted Apartments 1,419
Percentage of Housing Units Occupied By Renters 27.01%
Average Renter Household Size 1.93
Total Population 54,658
Housing Units 24,371
Average Household Size 2.18
Median Household Income $47,030 ±$1,669
Median Rent $776 ±$25
Percentage Of Renters Overburdened 47.12% ± 4.57pp

Population and Household Demographics

Hancock County is a County in Maine with a population of 54,658. There are 24,371 households in the county with an average household size of 2.18 persons. 27.01% of households in Hancock County are renters.

Income and Rent Overburden in Hancock County

The median gross income for households in Hancock County is $47,030 a year, or $3,919 a month. The median rent for the county is $776 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hancock County, a household making less than $2,587 a month would be considered overburdened when renting an apartment at or above the median rent. 47.12% of households who rent are overburdened in Hancock County.1

Data derived from 2010 Census and 2014 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 4.57 percentage points.

Area Median Income In Hancock 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 Hancock County, HUD calculates the Area Median Income for a family of four as $61,000

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 Hancock 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.

Hancock County HUD Rental Assistance Income Limits

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $12,850 $16,240 $20,420 $24,600 $28,780 $32,960 $37,140 $40,300
50% $21,350 $24,400 $27,450 $30,500 $32,950 $35,400 $37,850 $40,300
80% $34,200 $39,050 $43,950 $48,800 $52,750 $56,650 $60,550 $64,450

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 Hancock 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 2003, 5 low income apartment communities containing 131 rental apartments have been constructed and made affordable to low income persons in Hancock County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Hancock 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.

Hancock County Low Income Housing Tax Credit Income Limits

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $21,350 $24,400 $27,450 $30,500 $32,950 $35,400 $37,850 $40,300
HERA 50% $22,650 $25,900 $29,150 $32,350 $34,950 $37,550 $40,150 $42,750
60% $25,620 $29,280 $32,940 $36,600 $39,540 $42,480 $45,420 $48,360
HERA 60% $27,180 $31,080 $34,980 $38,820 $41,940 $45,060 $48,180 $51,300

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 Hancock County is $32,940 a year, or $2,745 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,745 by 30% to get a maximum rent of $824 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 AMI Studio 2 Bed 3 Bed 4 Bed 1 Bed 5 Bed
50% $534 $572 $686 $793 $885 $977
60% $641 $686 $824 $952 $1,062 $1,172
Fair Market Rents in Hancock 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.

2017 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$630 $715 $902 $1,135 $1,243

Cities In Hancock County

Select A City To View its Listings and Waiting Lists. Use the Search bar to filter.

City Listings Served By
Amherst 0 The HUD funded Public Housing Agency that serves Amherst is the Maine State Housing Authority.
Aurora 0 The HUD funded Public Housing Agency that serves Aurora is the Maine State Housing Authority.
Bar Harbor 3 The HUD funded Public Housing Agencies that serve Bar Harbor are the Bar Harbor Housing Authority and Maine State Housing Authority.
Blue Hill 2 The HUD funded Public Housing Agency that serves Blue Hill is the Maine State Housing Authority.
Brooklin 0 The HUD funded Public Housing Agency that serves Brooklin is the Maine State Housing Authority.
Brooksville 0 The HUD funded Public Housing Agency that serves Brooksville is the Maine State Housing Authority.
Bucksport 4 The HUD funded Public Housing Agency that serves Bucksport is the Maine State Housing Authority.
Castine 0 The HUD funded Public Housing Agency that serves Castine is the Maine State Housing Authority.
Central Hancock UT 0 The HUD funded Public Housing Agency that serves Central Hancock UT is the Maine State Housing Authority.
Cranberry Isles 0 The HUD funded Public Housing Agency that serves Cranberry Isles is the Maine State Housing Authority.
Dedham 0 The HUD funded Public Housing Agency that serves Dedham is the Maine State Housing Authority.
Deer Isle 1 The HUD funded Public Housing Agency that serves Deer Isle is the Maine State Housing Authority.
East Hancock UT 0 The HUD funded Public Housing Agency that serves East Hancock UT is the Maine State Housing Authority.
Eastbrook 0 The HUD funded Public Housing Agency that serves Eastbrook is the Maine State Housing Authority.
Ellsworth 5 The HUD funded Public Housing Agencies that serve Ellsworth are the Ellsworth Housing Authority and Maine State Housing Authority.
Franklin 1 The HUD funded Public Housing Agency that serves Franklin is the Maine State Housing Authority.
Frenchboro 0 The HUD funded Public Housing Agency that serves Frenchboro is the Maine State Housing Authority.
Gouldsboro 0 The HUD funded Public Housing Agency that serves Gouldsboro is the Maine State Housing Authority.
Great Pond 0 The HUD funded Public Housing Agency that serves Great Pond is the Maine State Housing Authority.
Hancock 0 The HUD funded Public Housing Agency that serves Hancock is the Maine State Housing Authority.
Lamoine 0 The HUD funded Public Housing Agency that serves Lamoine is the Maine State Housing Authority.
Mariaville 0 The HUD funded Public Housing Agency that serves Mariaville is the Maine State Housing Authority.
Marshall Island UT 0 The HUD funded Public Housing Agency that serves Marshall Island UT is the Maine State Housing Authority.
Mount Desert 0 The HUD funded Public Housing Agency that serves Mount Desert is the Maine State Housing Authority.
Northwest Hancock UT 0 The HUD funded Public Housing Agency that serves Northwest Hancock UT is the Maine State Housing Authority.
Orland 0 The HUD funded Public Housing Agency that serves Orland is the Maine State Housing Authority.
Osborn 0 The HUD funded Public Housing Agency that serves Osborn is the Maine State Housing Authority.
Otis 0 The HUD funded Public Housing Agency that serves Otis is the Maine State Housing Authority.
Penobscot 0 The HUD funded Public Housing Agency that serves Penobscot is the Maine State Housing Authority.
Sedgwick 1 The HUD funded Public Housing Agency that serves Sedgwick is the Maine State Housing Authority.
Sorrento 0 The HUD funded Public Housing Agency that serves Sorrento is the Maine State Housing Authority.
Southwest Harbor 2 The HUD funded Public Housing Agencies that serve Southwest Harbor are the Southwest Harbor Housing Authority and Maine State Housing Authority.
Stonington 1 The HUD funded Public Housing Agency that serves Stonington is the Maine State Housing Authority.
Sullivan 0 The HUD funded Public Housing Agency that serves Sullivan is the Maine State Housing Authority.
Surry 0 The HUD funded Public Housing Agency that serves Surry is the Maine State Housing Authority.
Swans Island 1 The HUD funded Public Housing Agency that serves Swans Island is the Maine State Housing Authority.
Tremont 0 The HUD funded Public Housing Agency that serves Tremont is the Maine State Housing Authority.
Trenton 0 The HUD funded Public Housing Agency that serves Trenton is the Maine State Housing Authority.
Verona Island 0 The HUD funded Public Housing Agency that serves Verona Island is the Maine State Housing Authority.
Waltham 0 The HUD funded Public Housing Agency that serves Waltham is the Maine State Housing Authority.
Winter Harbor 1 The HUD funded Public Housing Agency that serves Winter Harbor is the Maine State Housing Authority.