Affordable Housing In Oakland
Kennebec County, Maine

Affordable Housing programs support 50 income based apartments in Oakland where households pay rent based on how much they earn.

There are 0 affordable apartments in Oakland that offer reduced rents to low-income households.

Waiting Lists in Oakland, Maine

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

Hillside Acres

19 Hill St
Oakland, Maine
Income Based
1-2 BR
Rent Assisted

Oakview Apartments

62 Oak St.
Oakland, Maine
Call For Rent
1-2 BR
Family & Senior

Cascades

Heath Road
Oakland, Maine
Call For Rent
1-3 BR
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Affordable Housing Near Oakland

View affordable apartments and waiting lists in cities near Oakland

City Apartments
Affordable Housing In Albion, ME Affordable Housing programs support 1 apartment communities in Albion.
Affordable Housing In Augusta, ME Affordable Housing programs support 17 apartment communities in Augusta.
Affordable Housing In Chelsea, ME Affordable Housing programs support 1 apartment communities in Chelsea.
Affordable Housing In Farmingdale, ME Affordable Housing programs support 2 apartment communities in Farmingdale.
Affordable Housing In Gardiner, ME Affordable Housing programs support 3 apartment communities in Gardiner.
Affordable Housing In Hallowell, ME Affordable Housing programs support 2 apartment communities in Hallowell.
Affordable Housing In Manchester, ME Affordable Housing programs support 1 apartment communities in Manchester.
Affordable Housing In Monmouth, ME Affordable Housing programs support 1 apartment communities in Monmouth.
Affordable Housing In Randolph, ME Affordable Housing programs support 2 apartment communities in Randolph.
Affordable Housing In Vassalboro, ME Affordable Housing programs support 1 apartment communities in Vassalboro.
Affordable Housing In Waterville, ME Affordable Housing programs support 9 apartment communities in Waterville.
Affordable Housing In Windsor, ME Affordable Housing programs support 1 apartment communities in Windsor.
Affordable Housing In Winslow, ME Affordable Housing programs support 1 apartment communities in Winslow.
Affordable Housing In Winthrop, ME Affordable Housing programs support 1 apartment communities in Winthrop.

Public Housing Agencies Serving Oakland, 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 Oakland.

Oakland, Maine Affordable Housing Data

Income Based Apartments in Oakland, Maine

Oakland 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 Oakland, Maine

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

Housing Choice Vouchers in Oakland, Maine

On average, Section 8 Housing Choice vouchers pay Oakland landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Oakland.

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

2023 Oakland, 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
Oakland, Maine Fair Market Rent $754 $759 $971 $1,203 $1,443
Oakland, 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.

Oakland, ME Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 74
Total Housing Units with Rental Assistance 50
Percentage of Housing Units Occupied By Renters 40.72%
Average Renter Household Size 2.11
Average Household Size 2.10
Median Household Income $47,159 ±$15,150
Median Rent $741 ±$78
Percentage Of Renters Overburdened 39.03% ± 24.04pp
Total Population 2,448

Population and Household Demographics

Oakland is a city in Kennebec County, Maine with a population of 2,448. There are 1,164 households in the city with an average household size of 2.10 persons. 40.72% of households in Oakland are renters.

Income and Rent Overburden in Oakland

The median gross income for households in Oakland is $47,159 a year, or $3,930 a month. The median rent for the city is $741 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Oakland, a household making less than $2,470 a month would be considered overburdened when renting an apartment at or above the median rent. 39.03% of households who rent are overburdened in Oakland.

Area Median Income In Oakland

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 Oakland, the AMI is calculated from all households within Kennebec County.

In Oakland, 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 Oakland

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 Oakland

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 Oakland 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 Oakland 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 Oakland 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