About This Property
Market Square Commons offers 28 units in Houlton, Maine, including 17 low-income units designed to serve elderly residents. The property features a mix of 25 one-bedroom and 3 two-bedroom units and has been in service since 2010. Aroostook County residents seeking affordable housing options can inquire about availability at this property.
Property Details
Fair Market Rent - Aroostook County, ME
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $664 |
| 1 Bedroom | $758 |
| 2 Bedroom | $948 |
| 3 Bedroom | $1,292 |
| 4 Bedroom | $1,374 |
Income Limits - Aroostook County, ME
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,450
- Very Low (50%)
- $22,400
- Low (80%)
- $35,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,600
- Low (80%)
- $41,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,800
- Low (80%)
- $46,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,600
- Low (80%)
- $55,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,150
- Low (80%)
- $59,400
- Extremely Low (30%)
- $39,700
- Very Low (50%)
- $39,700
- Low (80%)
- $63,500
- Extremely Low (30%)
- $42,250
- Very Low (50%)
- $42,250
- Low (80%)
- $67,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,450 | $22,400 | $35,850 |
| 2 Persons | $17,420 | $25,600 | $41,000 |
| 3 Persons | $21,960 | $28,800 | $46,100 |
| 4 Persons | $26,500 | $32,000 | $51,200 |
| 5 Persons | $31,040 | $34,600 | $55,300 |
| 6 Persons | $35,580 | $37,150 | $59,400 |
| 7 Persons | $39,700 | $39,700 | $63,500 |
| 8 Persons | $42,250 | $42,250 | $67,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Houlton, ME?+
The Fair Market Rent (FMR) for Aroostook County, ME is: $664 (Studio), $758 (1BR), $948 (2BR), $1292 (3BR), $1374 (4BR). Actual rent at subsidized properties like Market Square Commons is typically 30% of household income or less.
What size apartments are available at Market Square Commons?+
Market Square Commons offers the following unit types: 25 One-Bedroom, 3 Two-Bedroom units, for a total of 28 units.
Who is eligible to live at Market Square Commons?+
Market Square Commons primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Market Square Commons?+
Market Square Commons is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Market Square Commons?+
Market Square Commons is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Houlton, ME?+
Based on Fair Market Rent for Aroostook County, the estimated price range is: 1-bedroom: $758, 2-bedroom: $948. Actual rent at Market Square Commons may be lower for income-eligible households.
What are the income limits for affordable housing in Aroostook County, ME?+
For a 4-person household in Aroostook County, ME, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,000, Low Income (80% AMI): $51,200. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.