; Low Income Apartments For Rent in Franklin County, ME

Fernwold Homes

60 US 2 East
Wilton, Maine
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Call For Rent
1-2 BR

Sherwood Apartments

382 High St
Farmington, Maine
Subsidized
Rent Assisted
LIHTC
PBRA
Income Based
3-4 BR

MC Smith Apartments

185 Fairbanks Rd
Farmington, Maine
Subsidized
Rent Assisted
PBRA
LIHTC
Income Based
1-2 BR

Shadagee Seniors Housing

3 Shadagee Lane
Phillips, Maine
Subsidized
Senior
S. 202
BMIR
Income Based
Studio-1 BR

Rangeley Townhouse Apartments

14 School Street
Rangeley, Maine
Subsidized
Senior
S. 202
Income Based
1-2 BR

Blueberry Hill Apartments

145 North St
Farmington, Maine
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Income Based
1-2 BR

Deer Crossing Apartments

264 Titcomb Hill Rd
Farmington, Maine
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Call For Rent
1-2 BR

Wilton Senior Housing

11 Eastern Avenue
Wilton, Maine
Subsidized
Senior
S. 202
Call For Rent
1-2 BR

Saddleback View Apartments

Allen St
Rangeley, Maine
Subsidized
PBRA

Valley Brook Village

122 N Main St
Strong, Maine
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Mount Blue Housing

2 Middle St
Farmington, Maine
Subsidized
Supportive
S. 811 Supportive

Village View Apartments

101 Village View St
Wilton, Maine
Subsidized
Rent Assisted
Senior
Supportive
PBRA
S515

Rangeley Housing

10 Pleasant St
Rangeley, Maine
Subsidized
PBRA

Farmington Court

24 Middle St
Farmington, Maine
Subsidized
PBRA

Farmington Hills Apartments

204 Cascade Leisure Park Rd
Farmington, Maine
Rent Assisted
LIHTC
Showing Results 1-15

There are 30 low-income apartments in Franklin County that offer reduced rents to eligible households. Low-income rents in Franklin County, Maine can range from $564 to $759 depending on the number of bedrooms.

Rental assistance programs support 404 low-income homes in Franklin County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $311 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Franklin County, Maine

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.

Housing Authority Programs
Maine State Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Maine Public Housing and Low-Income Apartments Waiting Lists page for openings near Franklin County.

Franklin County, Maine Affordable Housing Data

Income Based Apartments in Franklin County, Maine

Franklin County features 404 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 Franklin County, Maine

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Franklin County.

Housing Choice Vouchers in Franklin County, Maine

On average, Section 8 Housing Choice vouchers pay Franklin County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Franklin County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Franklin County, Maine for a two-bedroom apartment is between $960 and $1,174.

2024 Franklin County, Maine 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
Franklin County, Maine Fair Market Rent $723 $812 $1,067 $1,416 $1,421
Franklin County, Maine Payment Standard Range $651 to $795 $731 to $893 $960 to $1,174 $1,274 to $1,558 $1,279 to $1,563

Sourced from federal housing data and AffordableHousingOnline.com research.

Franklin County, ME Affordable Housing Snapshot

Total Affordable Apartment Properties 20
Total Low Income Apartments 434
Total Housing Units with Rental Assistance 404
Percentage of Housing Units Occupied By Renters 20.14%
Average Renter Household Size 2.32
Average Household Size 2.48
Median Household Income $42,811 ±$2,003
Median Rent $635 ±$42
Percentage Of Renters Overburdened 43.98% ± 7.46pp
Total Population 30,402

Population and Household Demographics

Franklin County is a county in Maine with a population of 30,402. There are 11,841 households in the county with an average household size of 2.48 persons. 20.14% of households in Franklin County are renters.

Income and Rent Overburden in Franklin County

The median gross income for households in Franklin County is $42,811 a year, or $3,568 a month. The median rent for the county is $635 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Franklin County, a household making less than $2,117 a month would be considered overburdened when renting an apartment at or above the median rent. 43.98% of households who rent are overburdened in Franklin County.

Area Median Income In Franklin 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 Franklin County, HUD calculates the Area Median Income for a family of four as $77,700

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 Franklin 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 Franklin 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 Franklin County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,950 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,050
50% AMI Income Limits
Renters earning up to 50% of the Franklin County AMI may qualify for rental assistance programs that target Very Low Income households.
$26,550 $30,350 $34,150 $37,900 $40,950 $44,000 $47,000 $50,050
80% AMI Income Limits
Renters earning up to 80% of the Franklin County AMI may qualify for rental assistance programs that target Low Income households.
$42,450 $48,500 $54,550 $60,600 $65,450 $70,300 $75,150 $80,000