What HUD offices serve Parsonsburg, 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 Parsonsburg.
How many renters live in Parsonsburg, Maryland?
The City of Parsonsburg has people living in households.
What is the vacancy rate for rentals in Parsonsburg?
The rental vacancy rate in Parsonsburg is 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 Parsonsburg for each bedroom size?
Occupied Rental Units by Size in Parsonsburg
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 |
Occupied Rental Units by Size in Parsonsburg
Parsonsburg has a large number of apartments with three or more bedrooms. Families with children may have more success finding an apartment that meets their needs.
How Much Is Rent in Parsonsburg
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $991 to $1,746. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $991 |
| One BR | $998 |
| Two BR | $1,311 |
| Three BR | $1,739 |
| Four BR | $1,746 |
2024 Fair Market Rents in Parsonsburg, Maryland
How many units are rented at Fair Market Rent (FMR) in Parsonsburg?
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 |
Rental Units Below FMR in Parsonsburg, Maryland
How many affordable rental units are in Parsonsburg?
Income Based Apartments in Parsonsburg, Maryland
Parsonsburg 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 Parsonsburg, Maryland
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Parsonsburg.
Housing Choice Vouchers in Parsonsburg, Maryland
On average, Section 8 Housing Choice vouchers pay Parsonsburg landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Parsonsburg.
The maximum amount a voucher would pay on behalf of a low-income tenant in Parsonsburg, Maryland for a two-bedroom apartment is between $1,180 and $1,442.
Sourced from federal housing data and AffordableHousingOnline.com research.