About This Property
The Meadows At Mountain Lake offers 90 units in Mountain Lake Park, Maryland, with 88 units designated as low-income housing. The property, which entered service in 2017, serves elderly and disabled residents with a unit mix of 32 one-bedroom and 8 two-bedroom apartments. The development receives HOME program funding.
Property Details
Fair Market Rent - Garrett 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 | $785 |
| 1 Bedroom | $795 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,275 |
| 4 Bedroom | $1,536 |
Income Limits - Garrett County, MD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,150
- Very Low (50%)
- $25,200
- Low (80%)
- $40,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,800
- Low (80%)
- $46,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,400
- Low (80%)
- $51,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,900
- Low (80%)
- $62,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,800
- Low (80%)
- $66,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,650
- Low (80%)
- $71,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,550
- Low (80%)
- $76,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,150 | $25,200 | $40,350 |
| 2 Persons | $17,420 | $28,800 | $46,100 |
| 3 Persons | $21,960 | $32,400 | $51,850 |
| 4 Persons | $26,500 | $36,000 | $57,600 |
| 5 Persons | $31,040 | $38,900 | $62,250 |
| 6 Persons | $35,580 | $41,800 | $66,850 |
| 7 Persons | $40,120 | $44,650 | $71,450 |
| 8 Persons | $44,660 | $47,550 | $76,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mountain Lake Park, MD?+
The Fair Market Rent (FMR) for Garrett County, MD is: $785 (Studio), $795 (1BR), $905 (2BR), $1275 (3BR), $1536 (4BR). Actual rent at subsidized properties like The Meadows At Mountain Lake is typically 30% of household income or less.
What size apartments are available at The Meadows At Mountain Lake?+
The Meadows At Mountain Lake offers the following unit types: 32 One-Bedroom, 8 Two-Bedroom units, for a total of 90 units.
What are the income limits for affordable housing in Garrett County, MD?+
For a 4-person household in Garrett County, MD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,000, Low Income (80% AMI): $57,600. These limits are set by HUD and updated annually.
Who is eligible to live at The Meadows At Mountain Lake?+
The Meadows At Mountain Lake primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Mountain Lake Park, MD?+
Based on Fair Market Rent for Garrett County, the estimated price range is: 1-bedroom: $795, 2-bedroom: $905. Actual rent at The Meadows At Mountain Lake may be lower for income-eligible households.
How do I apply for housing at The Meadows At Mountain Lake?+
The Meadows At Mountain Lake 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 The Meadows At Mountain Lake?+
The Meadows At Mountain Lake is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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