Low Income Apartments and Affordable Housing For Rent in Norridgewock, ME

Discover affordable housing in Norridgewock where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Fairmount Housing

15 Fairmount Circle Dr, Norridgewock, Maine 04957

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Norridgewock, Maine
$19.43/hour
$5.28 (+37%) more than Maine minimum wage and $12.18 (+168%) more than the Federal minimum wage.
Learn More About Norridgewock, Maine Affordable Housing ↓

What HUD offices serve Norridgewock, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Norridgewock, Maine.

Go to the Maine Public Housing and Low-Income Apartments Waiting Lists page for openings near Norridgewock.

How many renters live in Norridgewock, Maine?

The City of Norridgewock has 1,099 people living in 548 households.

There are 191 renters living in 123 renter households in this City. Renters make up 17.38 percent of the population living in Norridgewock.

What is the rental market like in Norridgewock, Maine?

There are an estimated 650 housing units in the Norridgewock area. Of these, 149 units are rental homes, making up 23 percent of the housing market. For every renter household in Norridgewock, Maine, there are 1 rental units.

What is the vacancy rate for rentals in Norridgewock?

The rental vacancy rate in Norridgewock is 17 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Norridgewock for each bedroom size?

Occupied Rental Units by Size in Norridgewock
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 13 94 16 0
Occupied Rental Units by Size in Norridgewock

A large number of apartments in Norridgewock have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Norridgewock are overburdened by housing costs?

Among renter households in this market, 18 percent have housing cost burden. Further, 0 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Norridgewock

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $815 to $1,465. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $815
One BR $846
Two BR $1,026
Three BR $1,269
Four BR $1,465
2024 Fair Market Rents in Norridgewock, Maine

How many units are rented at Fair Market Rent (FMR) in Norridgewock?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 0 100 percent
Two BR 26 28 percent
Rental Units Below FMR in Norridgewock, Maine

How many affordable rental units are in Norridgewock?

Income Based Apartments in Norridgewock, Maine

Norridgewock features 24 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 Norridgewock, Maine

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Norridgewock.

Housing Choice Vouchers in Norridgewock, Maine

On average, Section 8 Housing Choice vouchers pay Norridgewock landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Norridgewock.

The maximum amount a voucher would pay on behalf of a low-income tenant in Norridgewock, Maine for a two-bedroom apartment is between $923 and $1,129.

Sourced from federal housing data and AffordableHousingOnline.com research.