Low Income Apartments and Affordable Housing For Rent in St. Michaels, MD

Discover affordable housing in St. Michaels where there are 1+ 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.

Hambleton Village

113 Mitchell St, St. Michaels, Maryland 21663

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In St. Michaels, Maryland
$26.14/hour
$11.14 (+74%) more than Maryland minimum wage and $18.89 (+261%) more than the Federal minimum wage.
Learn More About St. Michaels, Maryland Affordable Housing ↓

What HUD offices serve St. Michaels, 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), Public Housing programs for St. Michaels, Maryland.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Homeownership, Section 8 HCV Money Follows the Person (MFP) programs for St. Michaels, Maryland.

Go to the Maryland Public Housing and Low-Income Apartments Waiting Lists page for openings near St. Michaels.

How many renters live in St. Michaels, Maryland?

The City of St. Michaels has 1,523 people living in 667 households.

There are 455 renters living in 192 renter households in this City. Renters make up 29.88 percent of the population living in St. Michaels.

What is the rental market like in St. Michaels, Maryland?

There are an estimated 904 housing units in the St. Michaels area. Of these, 209 units are rental homes, making up 23 percent of the housing market. For every renter household in St. Michaels, Maryland, there are 1 rental units.

What is the vacancy rate for rentals in St. Michaels?

The rental vacancy rate in St. Michaels is 8 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 St. Michaels for each bedroom size?

Occupied Rental Units by Size in St. Michaels
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 31 105 50 3
Occupied Rental Units by Size in St. Michaels

A large number of apartments in St. Michaels 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 St. Michaels are overburdened by housing costs?

Among renter households in this market, 40 percent have housing cost burden. Further, 15 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 St. Michaels

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,196 to $2,342. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,196
One BR $1,229
Two BR $1,380
Three BR $1,945
Four BR $2,342
2024 Fair Market Rents in St. Michaels, Maryland

How many units are rented at Fair Market Rent (FMR) in St. Michaels?

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 3 100 percent
One BR 31 100 percent
Two BR 73 70 percent
Rental Units Below FMR in St. Michaels, Maryland

How many affordable rental units are in St. Michaels?

There are a variety of federal affordable housing programs serving households in St. Michaels, Maryland including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 39
Public Housing 61
Section 8 Project-Based Rental Assistance 45
Tracked Units by Federal Program in St. Michaels, Maryland

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in St. Michaels, Maryland

St. Michaels features 24 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 St. Michaels, Maryland

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in St. Michaels.

Housing Choice Vouchers in St. Michaels, Maryland

On average, Section 8 Housing Choice vouchers pay St. Michaels landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in St. Michaels.

The maximum amount a voucher would pay on behalf of a low-income tenant in St. Michaels, Maryland for a two-bedroom apartment is between $1,242 and $1,518.

Sourced from federal housing data and AffordableHousingOnline.com research.