Main Street Apartments

50 Monroe Place, Rockville, MD 20850

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Connor Bailey, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents Studio - 3 Beds 1 - 2 Baths 462 - 1,092 Sq Ft
check_circle  Pets Allowed
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Located near the Rockville Metro Station in Downtown Rockville, Maryland, residents of Main Street can take advantage of all that Rockville has to offer – movies, restaurants, shopping and ongoing activities at Rockville Town Center. The variety of spaces and programs within the building and Main Street’s prime location allow residents the opportunity to continuously connect with community.

Due to high demand for their new affordable apartment homes, their waiting list has reached the maximum capacity and is currently closed.  They will update when the waitlist opens in the future.

Dave's Thoughts On Main Street Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Main Street Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Main Street Apartments Amenities

  • Fitness Center
  • Community Room
  • Ceiling Fan(s)
  • Keyless Entry Access
  • Computer Room
  • Stainless Steel Appliances
  • Smoke Free
  • Full-Size Washer & Dryer Connections

Units at Main Street Apartments

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 462ft2 Call for Price
One Bedroom (1/1) 571ft2 Call for Price
Two Bedroom (2/2) 677ft2 Call for Price
Three Bedroom (3/2) 1092ft2 Call for Price

Income Qualification for Main Street Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $52,750 / year $60,300 / year $67,850 / year $75,350 / year $81,400 / year $87,450 / year
50% AMI for PBRA Units $52,750 / year $60,300 / year $67,850 / year $75,350 / year $81,400 / year $87,450 / year
60% AMI for LIHTC Units $63,300 / year $72,360 / year $81,420 / year $90,420 / year $97,680 / year $104,940 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Main Street Apartments

Does Main Street Apartments have a waiting list?

Main Street Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Main Street Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Main Street Apartments?

Main Street Apartments is managed by S.L Nusbaum Realty Co headquartered in Norfolk, Virginia.

In addition to Main Street Apartments, how many other affordable housing properties (and units) are there in Rockville?

In addition to Main Street Apartments, we list 19 other affordable properties in Rockville. Learn about these properties here. Our data research shows that there are a total of 2239 affordable units in Rockville.

When was the Main Street Apartments listing last updated?

Main Street Apartments listing on Affordable Housing Online was last updated on 08/26/2022 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Main Street Apartments

Victory Court Senior Apartments

209 Monroe Street, Rockville, Maryland 20850

bed 1-2
payment $956-2036/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Rock Creek Terrace

12630 Veirs Mill Rd, Rockville, Maryland 20853

bed 1-3
payment Subsidized

Gardens of Traville Senior Apartments

14431 Traville Garden Circle, Rockville, Maryland 20850

switch_access_shortcut Short Wait
accessibility Accessible

Halpine Hamlet

5501 Halpine Pl, Rockville, Maryland 20851

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Thomas Street Housing

102 Thomas St, Rockville, Maryland 20850

accessibility Accessible

Town Center Apartments

90 Monroe St, Rockville, Maryland 20850

payment Subsidized
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.