Low Income Apartments and Affordable Housing For Rent in Rising Sun, MD

Discover affordable housing in Rising Sun where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Mckinley Apartments

500 Dodson Drive, Rising Sun, Maryland 21911

Maple Heights Apartments

101 W Maple Heights Ct, Rising Sun, Maryland 21911

Mckinley II Lp

600 Dodson Dr, Rising Sun, Maryland 21911

Fairview Apartments

100 McNamee Ln, Rising Sun, Maryland 21911

Mckinley II Apts.

501 Dodson Drive, Rising Sun, Maryland

Meadowside Apts

49 Leedle Circle, Rising Sun, Maryland

Vadala Rentals

11 Mushroom Ln, Rising Sun, Maryland 21911

Vadala Apartments

254 Hopewell Rd, Rising Sun, Maryland 21911

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Rising Sun, Maryland
$32.90/hour
$17.90 (+119%) more than Maryland minimum wage and $25.65 (+354%) more than the Federal minimum wage.
Learn More About Rising Sun, Maryland Affordable Housing ↓

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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Rising Sun, Maryland.

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 2,756 people living in 963 households.

There are 963 renters living in 420 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 1,052 housing units in the Rising Sun area. Of these, 450 units are rental homes, making up 43 percent of the housing market. For every renter household in Rising Sun, Maryland, there are 1 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 many renter households in Rising Sun are overburdened by housing costs?

Among renter households in this market, 39 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 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 168
Section 8 Project-Based Rental Assistance 31
USDA Section 515 Rural Rental Housing 54
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.