About This Property
Casco Terrace comprises 27 units in Portland, Maine, with 13 units designated for low-income households. The property includes 11 one-bedroom and 16 two-bedroom units and has been in service since 2004, financed through tax-exempt bonds and supported by 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Portland Housing Authority
Applications are for apartments located in Franklin Towers, Bayside East, Bayside Terrace, and Kennedy Park. Printed applications must be delivered to the Portland Housing Authority office or requested by mail.
The Maine Section 8/HCV Centralized Waiting List is a partnership of 20 Public Housing Authorities. Applicants submit one application to the Centralized Waiting List system, operated by AffordableHousing.com, and their application is automatically added to the waiting list for all 20 participating PHAs. Each participating PHA selects participants to their Section 8 Voucher program off of the Centralized Waiting List in accordance with their local policy.
Waitlist data provided by section8waitlist.org
Updated May 29, 2026
Property Details
Fair Market Rent - Cumberland 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 | $1,035 |
| 1 Bedroom | $1,162 |
| 2 Bedroom | $1,527 |
| 3 Bedroom | $1,904 |
| 4 Bedroom | $2,251 |
Income Limits - Cumberland County, ME
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,500
- Very Low (50%)
- $27,500
- Low (80%)
- $44,000
- Extremely Low (30%)
- $18,850
- Very Low (50%)
- $31,400
- Low (80%)
- $50,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,350
- Low (80%)
- $56,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,250
- Low (80%)
- $62,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,400
- Low (80%)
- $67,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,550
- Low (80%)
- $72,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,700
- Low (80%)
- $77,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,850
- Low (80%)
- $82,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,500 | $27,500 | $44,000 |
| 2 Persons | $18,850 | $31,400 | $50,250 |
| 3 Persons | $21,960 | $35,350 | $56,550 |
| 4 Persons | $26,500 | $39,250 | $62,800 |
| 5 Persons | $31,040 | $42,400 | $67,850 |
| 6 Persons | $35,580 | $45,550 | $72,850 |
| 7 Persons | $40,120 | $48,700 | $77,900 |
| 8 Persons | $44,660 | $51,850 | $82,900 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Portland, ME?+
The Fair Market Rent (FMR) for Cumberland County, ME is: $1035 (Studio), $1162 (1BR), $1527 (2BR), $1904 (3BR), $2251 (4BR). Actual rent at subsidized properties like Casco Terrace is typically 30% of household income or less.
What size apartments are available at Casco Terrace?+
Casco Terrace offers the following unit types: 11 One-Bedroom, 16 Two-Bedroom units, for a total of 27 units.
How do I apply for housing at Casco Terrace?+
Casco Terrace 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.
What is the price range for apartments in Portland, ME?+
Based on Fair Market Rent for Cumberland County, the estimated price range is: 1-bedroom: $1162, 2-bedroom: $1527. Actual rent at Casco Terrace may be lower for income-eligible households.
What are the income limits for affordable housing in Cumberland County, ME?+
For a 4-person household in Cumberland County, ME, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,250, Low Income (80% AMI): $62,800. These limits are set by HUD and updated annually.
Is there a waitlist for Casco Terrace?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Casco Terrace?+
Casco Terrace is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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