Affordable Housing In Saco
York County, Maine

12 Low Income Apartment Communities In Saco

Cascade Brook, Saco

21 Dawn Marie Drive
Saco, Maine

Pleasant Street Valley Apartments

55 Storer Street
Saco, Maine

Paul Hazelton House

7 Smith Lane
Saco, Maine

Park Village

30 South St
Saco, Maine

Beach Street House

255 Beach St
Saco, Maine
Disabled Supportive Housing

Ledgewood North

1 Ledgewood N
Saco, Maine

Lincoln Apartments

81 Lincoln St
Saco, Maine

Paul Hazelton House - Building II

439 Main St
Saco, Maine
Elderly Supportive Housing

Lincoln Street Apartments

125 Lincoln St
Saco, Maine

Wardwell Gardens

43 Middle St
Saco, Maine

Section 8 Vouchers, Apartments, and Waiting Lists in Saco, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Saco, Maine

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

Guide To Affordable Housing in Saco, Maine

There are 12 low income housing apartment communities offering 267 affordable apartments for rent in Saco, Maine.

Income Based Apartments in Saco, Maine

Saco features 108 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 Saco, Maine

There are 159 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saco.

Housing Choice Vouchers in Saco, Maine

On average, Section 8 Housing Choice vouchers pay Saco landlords $1,400 per month towards rent. The average voucher holder contributes $400 towards rent in Saco.

The maximum amount a voucher would pay on behalf of a low-income tenant in Saco, Maine for a two-bedroom apartment is between $1,235 and $1,509.

2023 Saco, 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
Saco, Maine Fair Market Rent $1,049 $1,106 $1,372 $1,783 $2,006
Saco, Maine Payment Standard Range $944 to $1,154 $995 to $1,217 $1,235 to $1,509 $1,605 to $1,961 $1,805 to $2,207

Sourced from federal housing data and research.

Saco, ME Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 267
Total Housing Units with Rental Assistance 108
Percentage of Housing Units Occupied By Renters 36.78%
Average Renter Household Size 2.29
Average Household Size 2.36
Median Household Income $53,715 ±$4,606
Median Rent $894 ±$43
Percentage Of Renters Overburdened 43.83% ± 8.42pp
Total Population 18,874

Population and Household Demographics

Saco is a city in York County, Maine with a population of 18,874. There are 7,847 households in the city with an average household size of 2.36 persons. 36.78% of households in Saco are renters.

Income and Rent Overburden in Saco

The median gross income for households in Saco is $53,715 a year, or $4,476 a month. The median rent for the city is $894 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Saco, a household making less than $2,980 a month would be considered overburdened when renting an apartment at or above the median rent. 43.83% of households who rent are overburdened in Saco.

Area Median Income In Saco

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 Saco, the AMI is calculated from all households within York County.

In Saco, HUD calculates the Area Median Income for a family of four as $91,700

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 Saco

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 Saco

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 Saco AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,250 $22,000 $24,750 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Saco AMI may qualify for rental assistance programs that target Very Low Income households.
$32,100 $36,700 $41,300 $45,850 $49,550 $53,200 $56,900 $60,550
80% AMI Income Limits
Renters earning up to 80% of the Saco AMI may qualify for rental assistance programs that target Low Income households.
$51,350 $58,700 $66,050 $73,350 $79,250 $85,100 $91,000 $96,850