Low Income Apartments and Affordable Housing For Rent in Cambridge, MD

Discover affordable housing in Cambridge where there are 23+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cambridge, Maryland
$21.23/hour
$6.23 (+42%) more than Maryland minimum wage and $13.98 (+193%) more than the Federal minimum wage.
Learn More About Cambridge, Maryland Affordable Housing ↓

What HUD offices serve Cambridge, Maryland?

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 Public Housing programs for Cambridge, Maryland.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Homeownership, Section 8 HCV Money Follows the Person (MFP) programs for Cambridge, Maryland.

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

How many renters live in Cambridge, Maryland?

The City of Cambridge has 13,058 people living in 5,314 households.

There are 7,478 renters living in 2,966 renter households in this City. Renters make up 57.27 percent of the population living in Cambridge.

What is the rental market like in Cambridge, Maryland?

There are an estimated 6,517 housing units in the Cambridge area. Of these, 3,146 units are rental homes, making up 48 percent of the housing market. For every renter household in Cambridge, Maryland, there are 1 rental units.

What is the vacancy rate for rentals in Cambridge?

The rental vacancy rate in Cambridge is 6 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 Cambridge for each bedroom size?

Occupied Rental Units by Size in Cambridge
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 724 1,373 627 235
Occupied Rental Units by Size in Cambridge

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

Among renter households in this market, 51 percent have housing cost burden. Further, 25 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 Cambridge

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $890 to $1,902. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $890
One BR $896
Two BR $1,121
Three BR $1,580
Four BR $1,902
2024 Fair Market Rents in Cambridge, Maryland

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

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 0 100 percent
One BR 550 76 percent
Two BR 931 68 percent
Rental Units Below FMR in Cambridge, Maryland

How many affordable rental units are in Cambridge?

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

Federal Program Unit Count
Low Income Housing Tax Credit 955
Section 8 Project-Based Rental Assistance 545
USDA Section 515 Rural Rental Housing 144
Tracked Units by Federal Program in Cambridge, Maryland

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

Income Based Apartments in Cambridge, Maryland

Cambridge features 755 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 Cambridge, Maryland

There are 545 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cambridge.

Housing Choice Vouchers in Cambridge, Maryland

On average, Section 8 Housing Choice vouchers pay Cambridge landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Cambridge.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cambridge, Maryland for a two-bedroom apartment is between $1,009 and $1,233.

Sourced from federal housing data and AffordableHousingOnline.com research.