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Affordable Housing In Newport
Penobscot County, Maine

5 Low Income Apartment Communities In Newport

Sebasticook River Apartments

263 Elm St
Newport, Maine
Call For Rent
1 BR
Accessible
62+

Pineview Apartments

240 Elm St.
Newport, Maine
Call For Rent
1-2 BR
62+

Eastville Village

Eastville Village Road
Newport, Maine
Subsidized

Newport Inn

67 Main St
Newport, Maine
Subsidized

Mcnally House

1 McNally Ter
Newport, Maine
Subsidized
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Housing Authorities that serve Newport

Housing Authority Programs
Maine State Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Newport, Maine

There are 5 low income housing apartment communities offering 98 affordable apartments for rent in Newport, Maine.

Income Based Apartments in Newport, Maine

Newport features 50 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 Newport, Maine

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Newport.

Housing Choice Vouchers in Newport, Maine

On average, Section 8 Housing Choice vouchers pay Newport landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Newport.

The maximum amount a voucher would pay on behalf of a low-income tenant in Newport, Maine for a two-bedroom apartment is between $730 and $892.

2020 Newport, 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
Fair Market Rent $594 $616 $811 $1,011 $1,099
Payment Standard Range $535 to $653 $554 to $678 $730 to $892 $910 to $1,112 $989 to $1,209

Sourced from federal housing data and AffordableHousingOnline.com research.

Newport, ME Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 98
Total Housing Units with Rental Assistance 50
Percentage of Housing Units Occupied By Renters 41.69%
Average Renter Household Size 1.88
Average Household Size 2.10
Median Household Income $28,553 ±$7,728
Median Rent $731 ±$54
Percentage Of Renters Overburdened 63.86% ± 23.07pp
Total Population 1,616

Population and Household Demographics

Newport is a city in Penobscot County, Maine with a population of 1,616. There are 770 households in the city with an average household size of 2.10 persons. 41.69% of households in Newport are renters.

Income and Rent Overburden in Newport

The median gross income for households in Newport is $28,553 a year, or $2,379 a month. The median rent for the city is $731 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Newport, a household making less than $2,437 a month would be considered overburdened when renting an apartment at or above the median rent. 63.86% of households who rent are overburdened in Newport.

Area Median Income In Newport

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 Newport, the AMI is calculated from all households within Penobscot County.

In Newport, HUD calculates the Area Median Income for a family of four as $57,400

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 Newport

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 Newport

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,150 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $23,600 $26,950 $30,300 $33,650 $36,350 $39,050 $41,750 $44,450
80% of Median $37,700 $43,100 $48,500 $53,850 $58,200 $62,500 $66,800 $71,100