; Low Income Apartments For Rent in Waldoboro, ME

Sproul Block Apartments

8 Friendship Street
Waldoboro, Maine
Subsidized
PBRA
Call For Rent
1-2 BR

Waldoboro Woods

604 W Main St
Waldoboro, Maine
Subsidized
Rent Assisted
Senior
Supportive
S515
USDA S. 538
Public Housing
RDRA
Income Based
1-2 BR

Marble Oaks

327 Friendship St.
Waldoboro, Maine
Subsidized
Rent Assisted
LIHTC
Public Housing
$655
2-3 BR

Coles Hill Apartments

25 Old Rt 1
Waldoboro, Maine
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
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There are 0 low-income apartments in Waldoboro that offer reduced rents to eligible households.

Rental assistance programs support 88 low-income homes in Waldoboro where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $291 towards rent each month.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Waldoboro, 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 Waldoboro.

Waldoboro, Maine Affordable Housing Data

Income Based Apartments in Waldoboro, Maine

Waldoboro features 88 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 Waldoboro, Maine

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

Housing Choice Vouchers in Waldoboro, Maine

On average, Section 8 Housing Choice vouchers pay Waldoboro landlords $1,200 per month towards rent. The average voucher holder contributes $300 towards rent in Waldoboro.

The maximum amount a voucher would pay on behalf of a low-income tenant in Waldoboro, Maine for a two-bedroom apartment is between $1,065 and $1,301.

2024 Waldoboro, 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
Waldoboro, Maine Fair Market Rent $942 $978 $1,183 $1,575 $1,654
Waldoboro, Maine Payment Standard Range $848 to $1,036 $880 to $1,076 $1,065 to $1,301 $1,418 to $1,733 $1,489 to $1,819

Sourced from federal housing data and AffordableHousingOnline.com research.

Waldoboro, ME Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 88
Total Housing Units with Rental Assistance 88
Percentage of Housing Units Occupied By Renters 36.67%
Average Renter Household Size 1.51
Average Household Size 1.93
Median Household Income $17,614 ±$14,441
Median Rent $327 ±$120
Percentage Of Renters Overburdened 35.65% ± 29.1pp
Total Population 1,135

Population and Household Demographics

Waldoboro is a city in Lincoln County, Maine with a population of 1,135. There are 589 households in the city with an average household size of 1.93 persons. 36.67% of households in Waldoboro are renters.

Income and Rent Overburden in Waldoboro

The median gross income for households in Waldoboro is $17,614 a year, or $1,468 a month. The median rent for the city is $327 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Waldoboro, a household making less than $1,090 a month would be considered overburdened when renting an apartment at or above the median rent. 35.65% of households who rent are overburdened in Waldoboro.

Area Median Income In Waldoboro

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Waldoboro, the AMI is calculated from all households within Lincoln County.

In Waldoboro, HUD calculates the Area Median Income for a family of four as $93,200

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 Waldoboro

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 Waldoboro

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 Waldoboro AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,900 $20,450 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Waldoboro AMI may qualify for rental assistance programs that target Very Low Income households.
$29,850 $34,100 $38,350 $42,600 $46,050 $49,450 $52,850 $56,250
80% AMI Income Limits
Renters earning up to 80% of the Waldoboro AMI may qualify for rental assistance programs that target Low Income households.
$47,750 $54,550 $61,350 $68,150 $73,650 $79,100 $84,550 $90,000