
About This Property
Spencer Village offers 40 low-income residential units in Eldersburg, Maryland. The property has been in service since 1988 and is managed locally to serve Carroll County residents. Interested applicants can contact the property management office directly for leasing information and eligibility requirements.
Property Details
Fair Market Rent - Carroll County, MD
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,379 |
| 1 Bedroom | $1,582 |
| 2 Bedroom | $1,943 |
| 3 Bedroom | $2,519 |
| 4 Bedroom | $2,849 |
Income Limits - Carroll County, MD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,100
- Very Low (50%)
- $36,800
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,250
- Very Low (50%)
- $42,050
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,400
- Very Low (50%)
- $47,300
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,550
- Very Low (50%)
- $52,550
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,100
- Very Low (50%)
- $56,800
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,600
- Very Low (50%)
- $61,000
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $65,200
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $69,400
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,100 | $36,800 | $55,950 |
| 2 Persons | $25,250 | $42,050 | $63,950 |
| 3 Persons | $28,400 | $47,300 | $71,950 |
| 4 Persons | $31,550 | $52,550 | $79,900 |
| 5 Persons | $34,100 | $56,800 | $86,300 |
| 6 Persons | $36,600 | $61,000 | $92,700 |
| 7 Persons | $40,120 | $65,200 | $99,100 |
| 8 Persons | $44,660 | $69,400 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Eldersburg, MD?+
The Fair Market Rent (FMR) for Carroll County, MD is: $1379 (Studio), $1582 (1BR), $1943 (2BR), $2519 (3BR), $2849 (4BR). Actual rent at subsidized properties like Spencer Village is typically 30% of household income or less.
What are the income limits for affordable housing in Carroll County, MD?+
For a 4-person household in Carroll 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 Spencer Village?+
Spencer Village 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 Spencer Village?+
Spencer Village is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Spencer Village

Park View At Ellicott City I
Ellicott City, MD
81 Units
Meadows At Reisterstown I
Reisterstown, MD
80 Units
Timbercroft Apartments
Owings Mills, MD
284 Units
Village House
Sykesville, MD
54 Units
Salony House Phase Ii
Reisterstown, MD
30 Units
Waverly Gardens
Woodstock, MD
102 Units