What HUD offices serve Rising Sun, 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 Rising Sun.
How many renters live in Rising Sun, Maryland?
The City of Rising Sun has people living in households.
There are renters living in renter households in this City. Renters make up 34.94 percent of the population living in Rising Sun.
What is the rental market like in Rising Sun, Maryland?
There are an estimated housing units in the Rising Sun area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Rising Sun, Maryland, there are 1.07 rental units.
What is the vacancy rate for rentals in Rising Sun?
The rental vacancy rate in Rising Sun is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Rising Sun for each bedroom size?
Occupied Rental Units by Size in Rising Sun
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 119 | 120 | 145 | 0 |
Occupied Rental Units by Size in Rising Sun
A large number of apartments in Rising Sun 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 Rising Sun
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,303 to $2,422. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,303 |
| One BR | $1,451 |
| Two BR | $1,737 |
| Three BR | $2,100 |
| Four BR | $2,422 |
2024 Fair Market Rents in Rising Sun, Maryland
How many units are rented at Fair Market Rent (FMR) in Rising Sun?
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 |
| One BR | 106 | 89 percent |
| Two BR | 108 | 90 percent |
Rental Units Below FMR in Rising Sun, Maryland
How many affordable rental units are in Rising Sun?
There are a variety of federal affordable housing programs serving households in Rising Sun, Maryland including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Rising Sun, Maryland
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Rising Sun, Maryland
Rising Sun features 101 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 Rising Sun, Maryland
There are 161 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rising Sun.
Housing Choice Vouchers in Rising Sun, Maryland
On average, Section 8 Housing Choice vouchers pay Rising Sun landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Rising Sun.
The maximum amount a voucher would pay on behalf of a low-income tenant in Rising Sun, Maryland for a two-bedroom apartment is between $1,563 and $1,911.
Sourced from federal housing data and AffordableHousingOnline.com research.