Low Income Apartments and Affordable Housing For Rent in Montgomery County, MD

Discover affordable housing in Montgomery County where there are 199+ 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.

Victory Terrace Senior Apartments

9440 Newbridge Dr, Potomac, Maryland 20854

Woodfield Commons

26390 Woodfield Road, Damascus, Maryland 20872

Oakfield Apartments

2217 Georgian Way, Wheaton, Maryland 20902

Manor at Fair Hill Farm

18301 Georgia Avenue , Olney, Maryland 20832

Willow Manor at Colesville

601 East Randolph Road , Silver Spring, Maryland 20904

Pembridge Square Apartments

2315 Blueridge Ave, Wheaton, Maryland 20902

Stewartown Homes

9310 Merust Lane, Gaithersburg, Maryland 20879

Victory Court Senior Apartments

209 Monroe Street, Rockville, Maryland 20850

Victory Tower

7051 Carroll Ave, Takoma Park, Maryland 20912

Pointe View at Aspen Hill

3136 Bel Pre Road, Aspen Hill, Maryland 20906

Willow Manor at Clopper's Mill

18003 Mateny Road , Germantown, Maryland 20874

Victory Oaks

721 Beacon Road, Silver Spring, Maryland 20901

Victory Forest

10000 Brunswick Ave, Silver Spring, Maryland 20910

Park Montgomery

8860 Piney Branch Rd , Silver Spring, Maryland 20903

Argent Apartments

1200 Blair Mill Rd, Silver Spring, Maryland 20910

The Sanctuary a Mount Jezreel

426 University Boulevard East, Silver Spring, Maryland 20901

The Barrington Apartments

1970 Rosemary Hills Dr, Silver Spring, Maryland 20910

Snowden's Ridge

2105 Harlequin Terrace, Silver Spring, Maryland 20904

Rock Creek Terrace

12630 Veirs Mill Rd, Rockville, Maryland 20853

Shady Grove Apartments

16125 Crabbs Branch Way, Derwood, Maryland 20855

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 Montgomery County, 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 Montgomery County, Maryland Affordable Housing ↓

What HUD offices serve Montgomery County, 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 Montgomery County, Maryland.

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

How many renters live in Montgomery County, Maryland?

The County of Montgomery County has 1,052,521 people living in 391,297 households.

There are 320,869 renters living in 133,710 renter households in this County. Renters make up 30.49 percent of the population living in Montgomery County.

What is the rental market like in Montgomery County, Maryland?

There are an estimated 406,850 housing units in the Montgomery County area. Of these, 137,452 units are rental homes, making up 34 percent of the housing market. For every renter household in Montgomery County, Maryland, there are 1 rental units.

What is the vacancy rate for rentals in Montgomery County?

The rental vacancy rate in Montgomery County is 2 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 Montgomery County for each bedroom size?

Occupied Rental Units by Size in Montgomery County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
10,788 43,819 46,548 21,935 7,307
Occupied Rental Units by Size in Montgomery County

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

Among renter households in this market, 50 percent have housing cost burden. Further, 23 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 Montgomery County

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 Montgomery County, Maryland

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

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 4,998 46 percent
One BR 15,875 36 percent
Two BR 6,656 14 percent
Rental Units Below FMR in Montgomery County, Maryland

How many affordable rental units are in Montgomery County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 10,665
Public Housing 80
Section 8 Project-Based Rental Assistance 3,929
Mod Rehab Project-Based Rental Assistance 34
Section 236 Rental Assistance 181
Section 202 Supportive Housing for the Elderly 132
Section 811 Supportive Housing for Persons with Disabilities 176
Tracked Units by Federal Program in Montgomery County, Maryland

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

Income Based Apartments in Montgomery County, Maryland

Montgomery County features 7,600 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 Montgomery County, Maryland

There are 11,910 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Montgomery County.

Housing Choice Vouchers in Montgomery County, Maryland

On average, Section 8 Housing Choice vouchers pay Montgomery County landlords $1,300 per month towards rent. The average voucher holder contributes $500 towards rent in Montgomery County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.