What HUD offices serve Odenton, 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 Odenton.
How many renters live in Odenton, Maryland?
The City of Odenton has 45,026 people living in 17,892 households.
There are 13,558 renters living in 6,312 renter households in this City. Renters make up 30.11 percent of the population living in Odenton.
What is the rental market like in Odenton, Maryland?
There are an estimated 18,555 housing units in the Odenton area. Of these, 6,648 units are rental homes, making up 36 percent of the housing market. For every renter household in Odenton, Maryland, there are 1 rental units.
What is the vacancy rate for rentals in Odenton?
The rental vacancy rate in Odenton is 5 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 Odenton for each bedroom size?
Occupied Rental Units by Size in Odenton
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 234 | 1,846 | 2,100 | 1,573 | 505 |
Occupied Rental Units by Size in Odenton
A large number of apartments in Odenton 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 Odenton are overburdened by housing costs?
Among renter households in this market, 51 percent have housing cost burden. Further, 18 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 Odenton
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,379 to $2,849. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,379 |
| One BR | $1,582 |
| Two BR | $1,943 |
| Three BR | $2,519 |
| Four BR | $2,849 |
2024 Fair Market Rents in Odenton, Maryland
How many units are rented at Fair Market Rent (FMR) in Odenton?
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 | 0 | 100 percent |
| One BR | 124 | 7 percent |
| Two BR | 194 | 9 percent |
Rental Units Below FMR in Odenton, Maryland
How many affordable rental units are in Odenton?
There are a variety of federal affordable housing programs serving households in Odenton, Maryland including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 100 |
| Public Housing | 55 |
| Section 202 Supportive Housing for the Elderly | 150 |
Tracked Units by Federal Program in Odenton, Maryland
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Odenton, Maryland
Odenton features 151 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 Odenton, Maryland
There are 298 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Odenton.
Housing Choice Vouchers in Odenton, Maryland
On average, Section 8 Housing Choice vouchers pay Odenton landlords $900 per month towards rent. The average voucher holder contributes $600 towards rent in Odenton.
The maximum amount a voucher would pay on behalf of a low-income tenant in Odenton, Maryland for a two-bedroom apartment is between $1,749 and $2,137.
Sourced from federal housing data and AffordableHousingOnline.com research.
