Affordable Housing In Bethesda
Montgomery County, Maryland

12 Low Income Apartment Communities In Bethesda

Waverly House

4521 East West Hwy
Bethesda, MD
Call For Rent
Studio-2 BR

Lakeview House Apartments

10250 Westlake Dr
Bethesda, MD
Subsidized

Chelsea Towers

7401 Westlake Ter
Bethesda, MD
Subsidized

Magruders Discovery

10508 Westlake Dr
Bethesda, MD
Subsidized

St Lukes Homes, Inc

6040 Southport Dr
Bethesda, MD
62+
Accessible
Elderly Supportive Housing
Subsidized

Lakeview House

10250 Westlake Drive
Bethesda, MD

The Metropolitan

7620 Old Georgetown Rd
Bethesda, MD
HCV Welcome

Bethesda Commons [ Aka ] the Fields Of

5053 Bradley Blvd
Bethesda, MD
HCV Welcome

Scatterted Sites Awor

7666 Westlake Ter
Bethesda, MD

Oak Ridge Apartments

4903 Auburn Ave
Bethesda, MD
HCV Welcome

Housing Authorities that serve Bethesda

Housing Authority Programs
Housing Opportunities Commission of Montgomery County Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Bethesda, Maryland

There are 12 low income housing apartment communities offering 1,975 affordable apartments for rent in Bethesda, Maryland. Bethesda features 829 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 994 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Bethesda.

Sourced from federal housing data and AffordableHousingOnline.com research.

Bethesda, MD Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 1,975
Total Housing Units with Rental Assistance 829
Percentage of Housing Units Occupied By Renters 32.23%
Average Renter Household Size 2.02
Average Household Size 2.45
Median Household Income $144,772 ±$6,617
Median Rent $1,892 ±$40
Percentage Of Renters Overburdened 41.39% ± 4.11pp
Total Population 62,102

Population and Household Demographics

Bethesda is a City in Montgomery County, Maryland with a population of 62,102. There are 25,007 households in the city with an average household size of 2.45 persons. 32.23% of households in Bethesda are renters.

Income and Rent Overburden in Bethesda

The median gross income for households in Bethesda is $144,772 a year, or $12,064 a month. The median rent for the city is $1,892 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bethesda, a household making less than $6,307 a month would be considered overburdened when renting an apartment at or above the median rent. 41.39% of households who rent are overburdened in Bethesda.1

Area Median Income In Bethesda

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 Bethesda, the AMI is calculated from all households within Montgomery County.

In Bethesda, HUD calculates the Area Median Income for a family of four as $121,300

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 Bethesda

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 Bethesda HUD Rental Assistance in Bethesda

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
50% of Median $42,500 $48,550 $54,600 $60,650 $65,550 $70,400 $75,250 $80,100
80% of Median $54,350 $62,100 $69,850 $77,600 $83,850 $90,050 $96,250 $102,450
Low Income Housing Tax Credits in Bethesda

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2011, 4 low income apartment communities containing 589 rental apartments have been constructed and made affordable to low income persons in Bethesda by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Bethesda

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $42,500 $48,550 $54,600 $60,650 $65,550 $70,400 $75,250 $80,100
60% of Median $51,000 $58,260 $65,520 $72,780 $78,660 $84,480 $90,300 $96,120

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Bethesda is $65,520 a year, or $5,460 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $5,460 by 30% to get a maximum rent of $1,638 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $1,063 $1,138 $1,365 $1,578 $1,760 $1,942
60% $1,275 $1,366 $1,638 $1,893 $2,112 $2,330
Fair Market Rents in Bethesda

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,457 $1,500 $1,707 $2,215 $2,707