Low Income Apartments and Affordable Housing For Rent in Chevy Chase, MD

Discover affordable housing in Chevy Chase where there are 3+ 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.

Aldon of Chevy Chase

4740 Bradley Boulevard, Chevy Chase, Maryland 20815

Barclay Apartments

4716 Bradley Blvd, Chevy Chase, Maryland 20815

Tfo Bethesda

5079 Bradley Blvd, Chevy Chase, Maryland 20815

calendar_today Opened: Jul 30
Open Until Further Notice

Reported On February 23rd, 2024 by Madison Shannahan

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Chevy Chase, Maryland
$38.73/hour
$23.73 (+158%) more than Maryland minimum wage and $31.48 (+434%) more than the Federal minimum wage.
Learn More About Chevy Chase, Maryland Affordable Housing ↓

What HUD offices serve Chevy Chase, 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 Section 8 Housing Choice Voucher (HCV), Public Housing programs for Chevy Chase, Maryland.

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

How many renters live in Chevy Chase, Maryland?

The City of Chevy Chase has 9,789 people living in 3,830 households.

There are 1,698 renters living in 968 renter households in this City. Renters make up 17.35 percent of the population living in Chevy Chase.

What is the rental market like in Chevy Chase, Maryland?

There are an estimated 4,104 housing units in the Chevy Chase area. Of these, 1,116 units are rental homes, making up 27 percent of the housing market. For every renter household in Chevy Chase, Maryland, there are 1 rental units.

What is the vacancy rate for rentals in Chevy Chase?

The rental vacancy rate in Chevy Chase is 13 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Chevy Chase for each bedroom size?

Occupied Rental Units by Size in Chevy Chase
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
30 375 315 152 77
Occupied Rental Units by Size in Chevy Chase

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

Among renter households in this market, 58 percent have housing cost burden. Further, 30 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 Chevy Chase

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,772 to $3,015. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,772
One BR $1,803
Two BR $2,045
Three BR $2,544
Four BR $3,015
2024 Fair Market Rents in Chevy Chase, Maryland

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

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 11 3 percent
Two BR 0 100 percent
Rental Units Below FMR in Chevy Chase, Maryland

How many affordable rental units are in Chevy Chase?

Income Based Apartments in Chevy Chase, Maryland

Chevy Chase features 0 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 Chevy Chase, Maryland

There are 454 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chevy Chase.

Housing Choice Vouchers in Chevy Chase, Maryland

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Chevy Chase, Maryland for a two-bedroom apartment is between $1,841 and $2,250.

Sourced from federal housing data and AffordableHousingOnline.com research.