Affordable Housing In Laurel
Prince Georges County, Maryland

10 Low Income Apartment Communities In Laurel

Park View at Laurel II

9010 Briarcroft Lane
Laurel, MD
Call For Rent
1-2 BR
62+
HCV Welcome

Park View at Emerson

9895 Palace Hall Drive
Laurel, MD
$805-931
1-2 BR
62+
HCV Welcome

Selborne House of Laurel

501 Main Street
Laurel, MD
$715-945
Studio-1 BR
HCV Welcome

Park View at Laurel

9000 Briarcroft Lane
Laurel, MD
Call For Rent
1 BR
62+

Patuxent Square Apartments

9900 Washington Blvd, Suite B
Laurel, MD
Call For Rent
1-2 BR
HCV Welcome

Laurelwood Mutual 1

11557 Laurelwalk Dr
Laurel, MD
Subsidized

Kimberly Gardens

9146 Cherry Ln
Laurel, MD

Laurel Lakes

7901 Laurel Lakes Ct
Laurel, MD
HCV Welcome

Laurel Commons

Whiskey Bottom Rd
Laurel, MD
HCV Welcome

Parkview II

Parkview Ii
Laurel, MD
HCV Welcome
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Housing Authorities that serve Laurel

Housing Authority Programs
Housing Authority of Prince Georges County Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-sufficiency; Veteran Affairs Supportive Housing (VASH); Moderate Rehabilitation

Guide To Affordable Housing in Laurel, Maryland

There are 10 low income housing apartment communities offering 763 affordable apartments for rent in Laurel, Maryland. Laurel features 108 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 655 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Laurel.

Sourced from federal housing data and AffordableHousingOnline.com research.

Laurel, MD Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 763
Total Housing Units with Rental Assistance 108
Percentage of Housing Units Occupied By Renters 52.89%
Average Renter Household Size 2.27
Average Household Size 2.57
Median Household Income $68,517 ±$2,083
Median Rent $1,388 ±$33
Percentage Of Renters Overburdened 47.43% ± 5.7pp
Total Population 25,849

Population and Household Demographics

Laurel is a City in Prince Georges County, Maryland with a population of 25,849. There are 9,995 households in the city with an average household size of 2.57 persons. 52.89% of households in Laurel are renters.

Income and Rent Overburden in Laurel

The median gross income for households in Laurel is $68,517 a year, or $5,710 a month. The median rent for the city is $1,388 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Laurel, a household making less than $4,627 a month would be considered overburdened when renting an apartment at or above the median rent. 47.43% of households who rent are overburdened in Laurel.1

Area Median Income In Laurel

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Laurel, the AMI is calculated from all households within Prince Georges County.

In Laurel, HUD calculates the Area Median Income for a family of four as $121,300

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Laurel

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Laurel HUD Rental Assistance in Laurel

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
50% of Median $42,500 $48,550 $54,600 $60,650 $65,550 $70,400 $75,250 $80,100
80% of Median $54,350 $62,100 $69,850 $77,600 $83,850 $90,050 $96,250 $102,450
Low Income Housing Tax Credits in Laurel

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1997 to 2011, 6 low income apartment communities containing 749 rental apartments have been constructed and made affordable to low income persons in Laurel by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Laurel

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $42,500 $48,550 $54,600 $60,650 $65,550 $70,400 $75,250 $80,100
60% of Median $51,000 $58,260 $65,520 $72,780 $78,660 $84,480 $90,300 $96,120

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Laurel is $65,520 a year, or $5,460 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $5,460 by 30% to get a maximum rent of $1,638 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $1,063 $1,138 $1,365 $1,578 $1,760 $1,942
60% $1,275 $1,366 $1,638 $1,893 $2,112 $2,330
Fair Market Rents in Laurel

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,457 $1,500 $1,707 $2,215 $2,707