Builders Patch | HousingCount Montgomery County affordable housing data.
Montgomery County
Summary
26.4%
share of renter households
42.4%
share of low-income households
29.2%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 2,406 |
| Homeowner households | 6,706 |
| Total households | 9,112 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income (≤30% AMI) | 325 |
| Very low-income (31-50% AMI) | 375 |
| Low-income (51-80% AMI) | 320 |
| All low-income households (<80% AMI) | 1,020 |
Rent-burdened households
| Households | % share |
|---|---|
| Moderately rent-burdened | 321 |
| 30.0–34.9% | 114 |
| 35.0–39.9% | 89 |
| 40.0-49.9% | 118 |
| Severely rent-burdened | 382 |
| ≥50.0% | 382 |
| All rent-burdened households | 703 |
Affordable housing shortage
Rent vs median household income
Median household income
- Amount ($)
- in 2010: 18,479
- in 2021: 28,750
- Increase (2010–2021): 55.6%
Median rent
- Amount ($)
- in 2010: 497
- in 2021: 441
- Increase (2010–2021): -11.3%
Affordable housing stock
- Supply, demand & shortage
- Units
- Supply (current stock): 1,688
- Demand (total units needed): 670
- Shortage: -398
- Total shortage: 398
- Supply/Demand ratio: 251.9%
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Location | Type | Year | Zipcode | Number of units | LIHTC allocation | Income ceiling | Amount |
|---|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | N/A | 2014 | N/A | 154 | $1,804,887 | 60% AMI | N/A |
| IRVINGTON FAMILY APTS | New construction | N/A | 2007 | N/A | 99 | $1,378,252 | 60% AMI | N/A |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | N/A | 2012 | N/A | 200 | $504,385 | 60% AMI | N/A |
| HUNTINGTON RESERVE | NA | N/A | 2006 | N/A | 168 | $424,046 | 60% AMI | N/A |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | N/A | 2016 | N/A | 61 | $1,557,010 | 60% AMI | N/A |
| INTERVALE GARDENS LLC | New construction | N/A | 2008 | N/A | 65 | $659,087 | 60% AMI | N/A |
| HOMES OF RENAISSANCE PRESERVE II | New construction | N/A | 2012 | N/A | 88 | $1,510,000 | 60% AMI | N/A |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | N/A | 2013 | N/A | 39 | $674,261 | 60% AMI | N/A |
| IMPERIAL GARDENS FAMILY APTS | New construction | N/A | 2009 | N/A | 76 | $1,142,750 | 60% AMI | N/A |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | N/A | 2016 | N/A | 41 | $435,816 | 60% AMI | N/A |
| HILTON SENIOR APTS | New construction | N/A | 2007 | N/A | 69 | $242,084 | 60% AMI | N/A |
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