Affordable Housing In Presque Isle
Aroostook County, Maine

2 Low Income Apartment Communities In Presque Isle

Pleasant Hill Manor

42 Howard St
Presque Isle, Maine

Mcculley Commons Apartments

Academy St
Presque Isle, Maine
Accepts Vouchers
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Housing Authorities that serve Presque Isle

Housing Authority Programs
Presque Isle Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Maine State Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Presque Isle, Maine

There are 2 low income housing apartment communities offering 209 affordable apartments for rent in Presque Isle, Maine.

Income Based Apartments in Presque Isle, Maine

Presque Isle features 185 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 Presque Isle, Maine

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Presque Isle.

Housing Choice Vouchers in Presque Isle, Maine

On average, Section 8 Housing Choice vouchers pay Presque Isle landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Presque Isle.

The maximum amount a voucher would pay on behalf of a low-income tenant in Presque Isle, Maine for a two-bedroom apartment is between $643 and $785.

2020 Presque Isle, 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 $520 $602 $714 $989 $1,076
Payment Standard Range $468 to $572 $542 to $662 $643 to $785 $890 to $1,088 $968 to $1,184

Sourced from federal housing data and AffordableHousingOnline.com research.

Presque Isle, ME Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 209
Total Housing Units with Rental Assistance 185
Percentage of Housing Units Occupied By Renters 43.83%
Average Renter Household Size 2.05
Average Household Size 2.18
Median Household Income $36,538 ±$2,799
Median Rent $622 ±$31
Percentage Of Renters Overburdened 40.54% ± 8.05pp
Total Population 9,378

Population and Household Demographics

Presque Isle is a City in Aroostook County, Maine with a population of 9,378. There are 4,086 households in the city with an average household size of 2.18 persons. 43.83% of households in Presque Isle are renters.

Income and Rent Overburden in Presque Isle

The median gross income for households in Presque Isle is $36,538 a year, or $3,045 a month. The median rent for the city is $622 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Presque Isle, a household making less than $2,073 a month would be considered overburdened when renting an apartment at or above the median rent. 40.54% of households who rent are overburdened in Presque Isle.1

Area Median Income In Presque Isle

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 Presque Isle, the AMI is calculated from all households within Aroostook County.

In Presque Isle, HUD calculates the Area Median Income for a family of four as $54,700

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 Presque Isle

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 Presque Isle

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,650 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,800
50% of Median $22,700 $25,950 $29,200 $32,400 $35,000 $37,600 $40,200 $42,800
80% of Median $36,300 $41,500 $46,700 $51,850 $56,000 $60,150 $64,300 $68,450