. Low Income Apartments For Rent in Yarmouth, Maine - Affordable Housing Online

Apply to Yarmouth Apartment Waiting Lists

Bartlett Woods

1 Bartlett Cir
Yarmouth, Maine
Rent Assisted
Income Based
1 BR

Yarmouth Falls

25 Vespa Lane
Yarmouth, Maine
Call For Rent
1-2 BR
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There are 28 low-income apartments in Yarmouth that offer reduced rents to eligible households.

Rental assistance programs support 22 low-income homes in Yarmouth where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $460 towards rent each month.

Affordable rent data for some communities last confirmed on January 1st, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Yarmouth, 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
Westbrook Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Maine State Housing Authority Section 8 Housing Choice Voucher (HCV)
Portland Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD); Moderate Rehabilitation
Go to the Maine Public Housing and Low-Income Apartments Waiting Lists page for openings near Yarmouth.

Yarmouth, Maine Affordable Housing Data

Income Based Apartments in Yarmouth, Maine

Yarmouth features 22 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 Yarmouth, Maine

There are 28 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Yarmouth.

Housing Choice Vouchers in Yarmouth, Maine

On average, Section 8 Housing Choice vouchers pay Yarmouth landlords $1,000 per month towards rent. The average voucher holder contributes $500 towards rent in Yarmouth.

The maximum amount a voucher would pay on behalf of a low-income tenant in Yarmouth, Maine for a two-bedroom apartment is between $1,330 and $1,626.

2023 Yarmouth, 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
Yarmouth, Maine Fair Market Rent $1,003 $1,123 $1,478 $1,863 $2,014
Yarmouth, Maine Payment Standard Range $903 to $1,103 $1,011 to $1,235 $1,330 to $1,626 $1,677 to $2,049 $1,813 to $2,215

Sourced from federal housing data and AffordableHousingOnline.com research.

Yarmouth, ME Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 50
Total Housing Units with Rental Assistance 22
Percentage of Housing Units Occupied By Renters 33.66%
Average Renter Household Size 1.82
Average Household Size 2.32
Median Household Income $63,319 ±$10,495
Median Rent $979 ±$42
Percentage Of Renters Overburdened 54.69% ± 15.5pp
Total Population 5,628

Population and Household Demographics

Yarmouth is a city in Cumberland County, Maine with a population of 5,628. There are 2,374 households in the city with an average household size of 2.32 persons. 33.66% of households in Yarmouth are renters.

Income and Rent Overburden in Yarmouth

The median gross income for households in Yarmouth is $63,319 a year, or $5,277 a month. The median rent for the city is $979 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Yarmouth, a household making less than $3,263 a month would be considered overburdened when renting an apartment at or above the median rent. 54.69% of households who rent are overburdened in Yarmouth.

Area Median Income In Yarmouth

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 Yarmouth, the AMI is calculated from all households within Cumberland County.

In Yarmouth, HUD calculates the Area Median Income for a family of four as $102,800

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 Yarmouth

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 Yarmouth

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30% AMI Income Limits
Renters earning up to 30% of the Yarmouth AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,500 $22,300 $25,100 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Yarmouth AMI may qualify for rental assistance programs that target Very Low Income households.
$32,550 $37,200 $41,850 $46,450 $50,200 $53,900 $57,600 $61,350
80% AMI Income Limits
Renters earning up to 80% of the Yarmouth AMI may qualify for rental assistance programs that target Low Income households.
$52,050 $59,450 $66,900 $74,300 $80,250 $86,200 $92,150 $98,100