About This Property
Merry Gardens Estates comprises 30 one-bedroom apartments in Camden, Maine serving low-income households. The property was placed in service in 1997 and operates under 9% Low-Income Housing Tax Credit financing. A nonprofit organization owns and manages the community.
Property Details
Fair Market Rent - Knox 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 | $890 |
| 1 Bedroom | $929 |
| 2 Bedroom | $1,120 |
| 3 Bedroom | $1,406 |
| 4 Bedroom | $1,585 |
Income Limits - Knox County, ME
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,200
- Low (80%)
- $45,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,200
- Low (80%)
- $56,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,850
- Low (80%)
- $65,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,650
- Low (80%)
- $69,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,500
- Low (80%)
- $74,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,450 |
| 2 Persons | $17,420 | $28,200 | $45,050 |
| 3 Persons | $21,960 | $31,700 | $50,700 |
| 4 Persons | $26,500 | $35,200 | $56,300 |
| 5 Persons | $31,040 | $38,050 | $60,850 |
| 6 Persons | $35,580 | $40,850 | $65,350 |
| 7 Persons | $40,120 | $43,650 | $69,850 |
| 8 Persons | $44,660 | $46,500 | $74,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Camden, ME?+
The Fair Market Rent (FMR) for Knox County, ME is: $890 (Studio), $929 (1BR), $1120 (2BR), $1406 (3BR), $1585 (4BR). Actual rent at subsidized properties like Merry Gardens Estates is typically 30% of household income or less.
What size apartments are available at Merry Gardens Estates?+
Merry Gardens Estates offers the following unit types: 30 One-Bedroom units, for a total of 30 units.
What are the income limits for affordable housing in Knox County, ME?+
For a 4-person household in Knox County, ME, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,200, Low Income (80% AMI): $56,300. These limits are set by HUD and updated annually.
Who manages Merry Gardens Estates?+
Merry Gardens Estates is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Merry Gardens Estates?+
Merry Gardens Estates 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 Camden, ME?+
Based on Fair Market Rent for Knox County, the estimated price range is: 1-bedroom: $929. Actual rent at Merry Gardens Estates may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
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