Low Income Apartments and Affordable Housing For Rent in North Bethesda, MD

Discover affordable housing in North Bethesda where there are 2+ 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.

The Grand

5801 Nicholson Ln, North Bethesda, Maryland 20852

Strathmore Court at White Flint

5440 Marinelli Rd, North Bethesda, Maryland 20852

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 North Bethesda, 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 North Bethesda, Maryland Affordable Housing ↓

What HUD offices serve North Bethesda, 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 North Bethesda, Maryland.

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

How many renters live in North Bethesda, Maryland?

The City of North Bethesda has 49,763 people living in 21,714 households.

There are 23,037 renters living in 11,029 renter households in this City. Renters make up 46.29 percent of the population living in North Bethesda.

What is the rental market like in North Bethesda, Maryland?

There are an estimated 23,026 housing units in the North Bethesda area. Of these, 11,519 units are rental homes, making up 50 percent of the housing market. For every renter household in North Bethesda, Maryland, there are 1 rental units.

What is the vacancy rate for rentals in North Bethesda?

The rental vacancy rate in North Bethesda is 3 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 North Bethesda for each bedroom size?

Occupied Rental Units by Size in North Bethesda
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
962 3,843 4,199 1,260 593
Occupied Rental Units by Size in North Bethesda

A large number of apartments in North Bethesda 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 North Bethesda are overburdened by housing costs?

Among renter households in this market, 40 percent have housing cost burden. Further, 17 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 North Bethesda

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 North Bethesda, Maryland

How many units are rented at Fair Market Rent (FMR) in North Bethesda?

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 293 30 percent
One BR 729 19 percent
Two BR 190 5 percent
Rental Units Below FMR in North Bethesda, Maryland

How many affordable rental units are in North Bethesda?

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

Federal Program Unit Count
Low Income Housing Tax Credit 211
Section 8 Project-Based Rental Assistance 58
Tracked Units by Federal Program in North Bethesda, Maryland

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

Income Based Apartments in North Bethesda, Maryland

North Bethesda 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 North Bethesda, Maryland

There are 597 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Bethesda.

Housing Choice Vouchers in North Bethesda, Maryland

On average, Section 8 Housing Choice vouchers pay North Bethesda landlords $1,300 per month towards rent. The average voucher holder contributes $400 towards rent in North Bethesda.

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

Sourced from federal housing data and AffordableHousingOnline.com research.