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

Discover affordable housing in Washburn where there are 2+ 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.

Story Hill Estates

6 Story Hill Estates Dr, Washburn, Maine 04786

Salmon Brook Meadows

23 Durost Drive, Washburn, Maine 04786

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Washburn, Maine
$17.95/hour
$3.80 (+27%) more than Maine minimum wage and $10.70 (+148%) more than the Federal minimum wage.
Learn More About Washburn, Maine Affordable Housing ↓

What HUD offices serve Washburn, 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 Washburn, Maine.

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

How many renters live in Washburn, Maine?

The City of Washburn has 875 people living in 398 households.

There are 215 renters living in 153 renter households in this City. Renters make up 24.57 percent of the population living in Washburn.

What is the rental market like in Washburn, Maine?

There are an estimated 468 housing units in the Washburn area. Of these, 153 units are rental homes, making up 33 percent of the housing market. For every renter household in Washburn, Maine, there are 1 rental units.

What is the vacancy rate for rentals in Washburn?

The rental vacancy rate in Washburn is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in Washburn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
29 69 44 0 0
Occupied Rental Units by Size in Washburn

A large number of apartments in Washburn 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 Washburn are overburdened by housing costs?

Among renter households in this market, 39 percent have housing cost burden. Further, 7 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 Washburn

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $664 to $1,374. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $664
One BR $758
Two BR $948
Three BR $1,292
Four BR $1,374
2024 Fair Market Rents in Washburn, Maine

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

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
Studio 24 83 percent
One BR 69 100 percent
Two BR 42 95 percent
Rental Units Below FMR in Washburn, Maine

How many affordable rental units are in Washburn?

There are a variety of federal affordable housing programs serving households in Washburn, Maine including the following:

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 44
Tracked Units by Federal Program in Washburn, Maine

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Washburn, Maine

Washburn features 44 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 Washburn, Maine

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

Housing Choice Vouchers in Washburn, Maine

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Washburn, Maine for a two-bedroom apartment is between $853 and $1,043.

Sourced from federal housing data and AffordableHousingOnline.com research.