What HUD offices serve La Plata, 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 La Plata.
How many renters live in La Plata, Maryland?
The City of La Plata has people living in households.
There are renters living in renter households in this City. Renters make up 15.67 percent of the population living in La Plata.
What is the rental market like in La Plata, Maryland?
There are an estimated housing units in the La Plata area. Of these, units are rental homes, making up percent of the housing market. For every renter household in La Plata, Maryland, there are 1.19 rental units.
What is the vacancy rate for rentals in La Plata?
The rental vacancy rate in La Plata is 16 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 La Plata for each bedroom size?
Occupied Rental Units by Size in La Plata
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 122 97 314 225 0 Occupied Rental Units by Size in La Plata
A large number of apartments in La Plata 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 La Plata
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 La Plata, Maryland
How many units are rented at Fair Market Rent (FMR) in La Plata?
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 89 73 percent One BR 61 63 percent Two BR 196 62 percent Rental Units Below FMR in La Plata, Maryland
How many affordable rental units are in La Plata?
There are a variety of federal affordable housing programs serving households in
La Plata, Maryland including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Section 8 Project-Based Rental Assistance USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in La Plata, Maryland
Income Based Apartments in La Plata, Maryland
La Plata features 189 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 La Plata, Maryland
There are 75 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in La Plata.
Housing Choice Vouchers in La Plata, Maryland
On average, Section 8 Housing Choice vouchers pay La Plata landlords $1,100 per month towards rent. The average voucher holder contributes $300 towards rent in La Plata.
The maximum amount a voucher would pay on behalf of a low-income tenant in La Plata, Maryland for a two-bedroom apartment is between $1,841 and $2,250.
Sourced from federal housing data and AffordableHousingOnline.com research.