Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Penn Square

2640 Pennsylvania Ave, Baltimore, MD, 21217

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Penn Square offers 91 units of affordable housing in Baltimore, Maryland, with 90 low-income units serving families. The community features a mix of floor plans including 27 one-bedroom, 51 two-bedroom, and 12 three-bedroom units. The property has been in service since 2011.

Waitlist Information

Waitlist managed by Housing Authority of Baltimore City

Public Housing Waitlist
Closed
Opened August 1, 2023
Closed August 14, 2023
Apply: Online

HABC randomly selected 13,000 applicants for the waiting list; placement is determined by lottery, admission preferences, and unit size/type. Eligibility requires gross annual income not exceeding 50% of the median income for the county or metropolitan area and eligible immigration status.

Last verified February 17, 2026
Section 8 (HCV) Waitlist
Closed
Opened October 2, 2023
Closed October 13, 2023
Apply: Online

The last application period used a lottery system for waitlist placement, and HABC accepted all 27,842 applications received.

Last verified February 11, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
91
1 Bedroom
27
2 Bedroom
51
3 Bedroom
12

Fair Market Rent - Baltimore City County, MD

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,379
1 Bedroom$1,582
2 Bedroom$1,943
3 Bedroom$2,519
4 Bedroom$2,849

Income Limits - Baltimore City County, MD

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$22,100
Very Low (50%)
$36,800
Low (80%)
$55,950
2 Persons
Extremely Low (30%)
$25,250
Very Low (50%)
$42,050
Low (80%)
$63,950
3 Persons
Extremely Low (30%)
$28,400
Very Low (50%)
$47,300
Low (80%)
$71,950
4 Persons
Extremely Low (30%)
$31,550
Very Low (50%)
$52,550
Low (80%)
$79,900
5 Persons
Extremely Low (30%)
$34,100
Very Low (50%)
$56,800
Low (80%)
$86,300
6 Persons
Extremely Low (30%)
$36,600
Very Low (50%)
$61,000
Low (80%)
$92,700
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$65,200
Low (80%)
$99,100
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$69,400
Low (80%)
$105,500

Tax Credit Program Details

Year Placed in Service
2011
Low-Income Units
90 / 91
Target Population
Families
Funding Programs
TCEP
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Baltimore, MD?+

The Fair Market Rent (FMR) for Baltimore City County, MD is: $1379 (Studio), $1582 (1BR), $1943 (2BR), $2519 (3BR), $2849 (4BR). Actual rent at subsidized properties like Penn Square is typically 30% of household income or less.

What size apartments are available at Penn Square?+

Penn Square offers the following unit types: 27 One-Bedroom, 51 Two-Bedroom, 12 Three-Bedroom units, for a total of 91 units.

What is the price range for apartments in Baltimore, MD?+

Based on Fair Market Rent for Baltimore City County, the estimated price range is: 1-bedroom: $1582, 2-bedroom: $1943, 3-bedroom: $2519. Actual rent at Penn Square may be lower for income-eligible households.

Who manages Penn Square?+

Penn Square is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Penn Square?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What are the income limits for affordable housing in Baltimore City County, MD?+

For a 4-person household in Baltimore City County, MD, the income limits are: Extremely Low Income (30% AMI): $31,550, Very Low Income (50% AMI): $52,550, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.

How do I apply for housing at Penn Square?+

Penn Square 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 is eligible to live at Penn Square?+

Penn Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Begin Application Now

Walk Score

Very Walkable

78
Walk
84
Transit
59
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Baltimore City County, MD

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Housing Resources in Baltimore, MD

HUD-Approved Counseling Agencies

RESERVOIR HILL IMPROVEMENT COUNCIL, INC.

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

BELAIR - EDISON NEIGHBORHOODS, INC.

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

COMPREHENSIVE HOUSING ASSISTANCE, INC

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops