What HUD offices serve Pasadena, 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 Pasadena.
How many renters live in Pasadena, Maryland?
The City of Pasadena has people living in households.
There are renters living in renter households in this City. Renters make up 17.58 percent of the population living in Pasadena.
What is the rental market like in Pasadena, Maryland?
There are an estimated housing units in the Pasadena area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Pasadena, Maryland, there are 1.01 rental units.
What is the vacancy rate for rentals in Pasadena?
The rental vacancy rate in Pasadena is 1 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 Pasadena for each bedroom size?
Occupied Rental Units by Size in Pasadena
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 166 298 830 571 424 Occupied Rental Units by Size in Pasadena
A large number of apartments in Pasadena 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 Pasadena
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 Pasadena, Maryland
How many units are rented at Fair Market Rent (FMR) in Pasadena?
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 0 100 percent Two BR 63 8 percent Rental Units Below FMR in Pasadena, Maryland
How many affordable rental units are in Pasadena?
Income Based Apartments in Pasadena, Maryland
Pasadena 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 Pasadena, Maryland
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pasadena.
Housing Choice Vouchers in Pasadena, Maryland
On average, Section 8 Housing Choice vouchers pay Pasadena landlords $900 per month towards rent. The average voucher holder contributes $700 towards rent in Pasadena.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pasadena, Maryland for a two-bedroom apartment is between $1,749 and $2,137.
Sourced from federal housing data and AffordableHousingOnline.com research.