About This Property
Walker Terrace offers 40 units of affordable housing in Portland, Maine, with 22 units designated for low-income families. The property contains 20 one-bedroom and 20 two-bedroom apartments and has been in service since 2006. Financing for this development includes Community Development Block Grant (CDBG) funds and tax-exempt bonds, with funding through the 4% Low-Income Housing Tax Credit program.
Waitlist Information
Waitlist managed by Portland Housing Authority
The waitlist is currently closed to new applicants for specific properties including Franklin Towers, Bayside East, Bayside Terrace, and Kennedy Park; preferences may apply for elderly, disabled, or families with minor children.
The Maine Section 8/HCV Centralized Waiting List is a partnership of 20 Public Housing Authorities (PHAs) within the State of Maine. 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. Waiting lists are generally very long and could take years for an application to come to the top of the list. Each PHA may give an estimated wait time and/or actual placement on the list at their own discretion, and will vary depending on any waiting list preferences that a housing agency may have.
Waitlist data provided by section8waitlist.org
Updated May 8, 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 |
Advertisement
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 Walker Terrace is typically 30% of household income or less.
What size apartments are available at Walker Terrace?+
Walker Terrace offers the following unit types: 20 One-Bedroom, 20 Two-Bedroom units, for a total of 40 units.
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 Walker Terrace may be lower for income-eligible households.
Who is eligible to live at Walker Terrace?+
Walker Terrace primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Walker Terrace?+
Walker Terrace is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Walker Terrace?+
Public Housing waitlist is currently Closed. 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.
How do I apply for housing at Walker Terrace?+
Walker 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 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.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Walker Terrace
Sherman Street Project
Portland, ME
50 UnitsSt Dominic'S School Apts
Portland, ME
12 UnitsRosa True
Portland, ME
10 UnitsLafayette Square Apts
Portland, ME
92 Units
Franklin Towers
Portland, ME
150 UnitsProp Family Housing Phase Ii
Portland, ME
16 Units