Builders Patch | HousingCount Garrett County affordable housing data.
Garrett County
Summary
20.5% share of renter households
49.8% share of low-income households
29.4% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
2,538 |
| Homeowner households |
9,854 |
| Total households |
12,392 |
Low-income renter households
| Households |
% share |
| Extremely low-income ≤30% AMI |
278 |
| Very low-income 31-50% AMI |
434 |
| Low-income 51-80% AMI |
551 |
| All low-income households <80% AMI |
1,263 |
Rent-burdened households
| Share of income spent on rent |
Households |
% share |
| Moderately rent-burdened |
412 |
16.2% |
| 30.0–34.9% |
196 |
7.7% |
| 35.0–39.9% |
78 |
3.1% |
| 40.0-49.9% |
138 |
5.4% |
| Severely rent-burdened |
335 |
13.2% |
| ≥50.0% |
335 |
13.2% |
| All rent-burdened households |
747 |
29.4% |
Affordable housing shortage
Rent vs median household income
| Year |
Median household income ($) |
Increase (2010–2021) |
| 2010 |
22,665 |
40.0% |
| 2021 |
31,720 |
|
Median rent
| Year |
Median rent ($) |
Increase (2010–2021) |
| 2010 |
805 |
-39.1% |
| 2021 |
490 |
|
Affordable housing stock
Supply, demand & shortage
| Units |
Amount |
| Supply (current stock) |
1,037 |
| Demand (total units needed) |
608 |
| Shortage |
-211 |
| Total shortage |
-211 |
| Supply/demand ratio |
170.6% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Zipcode |
Market Rate |
Low-income |
Amount |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
N/A |
1 |
154 |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
2007 |
N/A |
1 |
99 |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
2012 |
N/A |
0 |
200 |
$504,385 |
| HUNTINGTON RESERVE |
NA |
2006 |
N/A |
0 |
168 |
$424,046 |
| HOLT + HAMILTON FAMILY APTS |
New construction |
2016 |
N/A |
1 |
61 |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
2008 |
N/A |
1 |
65 |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
N/A |
0 |
88 |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
2013 |
N/A |
1 |
39 |
$674,261 |
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