What HUD offices serve East New Market, 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.
Go to the Maryland Public Housing and Low-Income Apartments Waiting Lists page for openings near East New Market.
How many renters live in East New Market, Maryland?
The City of East New Market has people living in households.
There are renters living in renter households in this City. Renters make up 27.25 percent of the population living in East New Market.
What is the rental market like in East New Market, Maryland?
There are an estimated housing units in the East New Market area. Of these, units are rental homes, making up percent of the housing market. For every renter household in East New Market, Maryland, there are 1.04 rental units.
What is the vacancy rate for rentals in East New Market?
The rental vacancy rate in East New Market 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 East New Market for each bedroom size?
Occupied Rental Units by Size in East New Market
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 16 | 14 | 13 | 5 |
Occupied Rental Units by Size in East New Market
A large number of apartments in East New Market have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in East New Market
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 East New Market, Maryland
How many units are rented at Fair Market Rent (FMR) in East New Market?
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 |
| One BR | 15 | 94 percent |
| Two BR | 9 | 64 percent |
Rental Units Below FMR in East New Market, Maryland
How many affordable rental units are in East New Market?
Income Based Apartments in East New Market, Maryland
East New Market 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 East New Market, Maryland
There are 10 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in East New Market.
Housing Choice Vouchers in East New Market, Maryland
On average, Section 8 Housing Choice vouchers pay East New Market landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in East New Market.
The maximum amount a voucher would pay on behalf of a low-income tenant in East New Market, Maryland for a two-bedroom apartment is between $1,009 and $1,233.
Sourced from federal housing data and AffordableHousingOnline.com research.