Builders Patch | HousingCount Montgomery County affordable housing data.
Montgomery County
Summary
38.2% share of renter households
51.0% share of low-income households
41.5% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
29,596 |
| Homeowner households |
47,864 |
| Total households |
77,460 |
Low-income renter households
| Households |
% share |
| Extremely low-income |
≤30% AMI |
| Very low-income |
31-50% AMI |
| Low-income |
51-80% AMI |
| All low-income households |
<80% AMI |
Rent-burdened households
| Share of income spent on rent |
Households |
% share |
| Moderately rent-burdened |
7,132 |
24.1% |
| 30.0–34.9% |
2,509 |
8.5% |
| 35.0–39.9% |
2,010 |
6.8% |
| 40.0-49.9% |
2,613 |
8.8% |
| Severely rent-burdened |
5,158 |
17.4% |
| ≥50.0% |
5,158 |
17.4% |
| All rent-burdened households |
12,290 |
41.5% |
Affordable housing shortage
| Rent vs median household income |
Amount ($) |
| Median household income (2010) |
31,299 |
| Median household income (2021) |
43,892 |
| Increase (2010–2021) |
40.2% |
| Median rent (2010) |
407 |
| Median rent (2021) |
826 |
| Increase (2010–2021) |
102.9% |
Affordable housing stock
| Units |
Amount |
| Supply (current stock) |
3,829 |
| Demand (total units needed) |
6,231 |
| Shortage |
3,529 |
| Total shortage |
3,529 |
| Supply/Demand ratio |
61.5% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name |
Type |
Year |
Zipcode |
Income ceiling |
LIHTC allocation |
Market Rate |
Low-income |
Amount |
| HIGHBRIDGE OVERLOOK |
New construction |
2014 |
N/A |
10452 |
N/A |
1 |
N/A |
$1,804,887 |
| IRVINGTON FAMILY APTS |
New construction |
2007 |
N/A |
94538 |
N/A |
1 |
N/A |
$1,378,252 |
| HILLTOP VILLAGE |
New construction - Acquisition and Rehab |
2012 |
N/A |
32208 |
N/A |
0 |
N/A |
$504,385 |
| HUNTINGTON RESERVE |
NA |
2006 |
N/A |
32773 |
N/A |
0 |
N/A |
$424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS |
New construction |
2016 |
N/A |
91768 |
N/A |
1 |
N/A |
$1,557,010 |
| INTERVALE GARDENS LLC |
New construction |
2008 |
N/A |
10459 |
N/A |
1 |
N/A |
$659,087 |
| HOMES OF RENAISSANCE PRESERVE II |
New construction |
2012 |
N/A |
33905 |
N/A |
0 |
N/A |
$1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS |
New construction |
2013 |
N/A |
90018 |
N/A |
1 |
N/A |
$674,261 |