Affordable Housing In Saint Marys County
24 Low Income Apartment Communities In Saint Marys County
Guide To Affordable Housing in Saint Marys County, Maryland
There are 24 low income housing apartment communities offering 1,694 affordable apartments for rent in Saint Marys County, Maryland.
Income Based Apartments in Saint Marys County, Maryland
Saint Marys County features 559 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 Saint Marys County, Maryland
There are 1,135 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saint Marys County.
Housing Choice Vouchers in Saint Marys County, Maryland
On average, Section 8 Housing Choice vouchers pay Saint Marys County landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Saint Marys County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Saint Marys County, Maryland for a two-bedroom apartment is between $1,235 and $1,509.
2022 Saint Marys County, Maryland Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Saint Marys County, Maryland Fair Market Rent||$1,058||$1,126||$1,372||$1,920||$2,218|
|Saint Marys County, Maryland Payment Standard Range||$952 to $1,164||$1,013 to $1,239||$1,235 to $1,509||$1,728 to $2,112||$1,996 to $2,440|
Sourced from federal housing data and AffordableHousingOnline.com research.
Saint Marys County, MD Affordable Housing Snapshot
|Total Affordable Apartment Properties||24|
|Total Low Income Apartments||1,694|
|Total Housing Units with Rental Assistance||559|
|Percentage of Housing Units Occupied By Renters||27.7%|
|Average Renter Household Size||2.54|
|Average Household Size||2.79|
|Median Household Income||$86,987 ±$2,126|
|Median Rent||$1,263 ±$40|
|Percentage Of Renters Overburdened||39.75% ± 4.01pp|
Population and Household Demographics
Saint Marys County is a county in Maryland with a population of 109,614. There are 38,243 households in the county with an average household size of 2.79 persons. 27.7% of households in Saint Marys County are renters.
Income and Rent Overburden in Saint Marys County
The median gross income for households in Saint Marys County is $86,987 a year, or $7,249 a month. The median rent for the county is $1,263 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Saint Marys County, a household making less than $4,210 a month would be considered overburdened when renting an apartment at or above the median rent. 39.75% of households who rent are overburdened in Saint Marys County.
Area Median Income In Saint Marys County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Saint Marys County, HUD calculates the Area Median Income for a family of four as $116,500
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Saint Marys County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in Saint Marys County
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Saint Marys County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Saint Marys County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Saint Marys County AMI may qualify for rental assistance programs that target Low Income households.