Builders Patch | HousingCount Prince George's County affordable housing data.
Prince George's County
Summary
- 37.8% share of renter households
- 39.4% share of low-income households
- 49.6% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % Share |
|---|---|
| Renter households | 127,572 |
| Homeowner households | 209,794 |
| Total households | 337,366 |
Low-income renter households
| Households | % Share |
|---|---|
| Extremely low-income (≤30% AMI) | 18,591 |
| Very low-income (31-50% AMI) | 14,082 |
| Low-income (51-80% AMI) | 17,626 |
| All low-income households (<80% AMI) | 50,299 |
Rent-burdened households
| Households | % Share |
|---|---|
| Moderately rent-burdened | 32,287 |
| 30.0–34.9% | 11,633 |
| 35.0–39.9% | 8,969 |
| 40.0-49.9% | 11,685 |
| Severely rent-burdened | 31,020 |
| ≥50.0% | 31,020 |
| All rent-burdened households | 63,307 |
Affordable housing shortage
Rent vs median household income
| Year | Median household income ($) | Median rent ($) |
|---|---|---|
| 2010 | 47,915 | 875 |
| 2021 | 59,751 | 1,452 |
- Increase (2010–2021) Median household income: 24.7%
- Increase (2010–2021) Median rent: 65.9%
Affordable housing stock
| Supply (current stock) | Demand (total units needed) | Shortage | Supply/Demand Ratio |
|---|---|---|---|
| 5,129 | 28,731 | 25,344 | 17.9% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Number of Units | Low-income Amount | LIHTC Allocation |
|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | 154 | 60% AMI | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | 99 | 60% AMI | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | 200 | 60% AMI | $504,385 |
| HUNTINGTON RESERVE | New construction | 2006 | N/A | 168 | 60% AMI | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | 61 | 60% AMI | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | 65 | 60% AMI | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | 88 | 60% AMI | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | 39 | 60% AMI | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | 76 | 60% AMI | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | 41 | 60% AMI | $435,816 |
| HILTON SENIOR APTS | New construction | 2007 | N/A | 69 | 60% AMI | $242,084 |
| JEFFERSON AVENUE | New construction | 2020 | N/A | 79 | 60% AMI | $0 |
| INGRAM PRESERVATION | Acquisition and Rehab | 2005 | N/A | 135 | 60% AMI | $390,500 |