How many renters live in Queen Annes County, Maryland?
The County of Queen Annes County has 50,316 people living in 19,351 households.
There are 8,978 renters living in 3,591 renter households in this County. Renters make up 17.84 percent of the population living in Queen Annes County.
What is the rental market like in Queen Annes County, Maryland?
There are an estimated 21,405 housing units in the Queen Annes County area. Of these, 3,732 units are rental homes, making up 17 percent of the housing market. For every renter household in Queen Annes County, Maryland, there are 1 rental units.
What is the vacancy rate for rentals in Queen Annes County?
The rental vacancy rate in Queen Annes County is 2 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 Queen Annes County for each bedroom size?
Occupied Rental Units by Size in Queen Annes County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 93 | 645 | 1,009 | 1,443 | 372 |
Occupied Rental Units by Size in Queen Annes County
A large number of apartments in Queen Annes County 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 Queen Annes County are overburdened by housing costs?
Among renter households in this market, 48 percent have housing cost burden. Further, 21 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 Queen Annes County
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 Queen Annes County, Maryland
How many units are rented at Fair Market Rent (FMR) in Queen Annes County?
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 | 41 | 44 percent |
| One BR | 566 | 88 percent |
| Two BR | 438 | 43 percent |
Rental Units Below FMR in Queen Annes County, Maryland
How many affordable rental units are in Queen Annes County?
There are a variety of federal affordable housing programs serving households in Queen Annes County, Maryland including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 107 |
| Section 8 Project-Based Rental Assistance | 50 |
| Section 811 Supportive Housing for Persons with Disabilities | 10 |
| USDA Section 515 Rural Rental Housing | 179 |
Tracked Units by Federal Program in Queen Annes County, Maryland
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Queen Annes County, Maryland
Queen Annes County features 128 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 Queen Annes County, Maryland
There are 187 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Queen Annes County.
Housing Choice Vouchers in Queen Annes County, Maryland
On average, Section 8 Housing Choice vouchers pay Queen Annes County landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Queen Annes County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Queen Annes County, Maryland for a two-bedroom apartment is between $1,749 and $2,137.
Sourced from federal housing data and AffordableHousingOnline.com research.
