About This Property
Chestertown Cove offers 34 low-income units in Chestertown, Maryland, with a unit mix of 18 one-bedroom, 12 two-bedroom, and 4 three-bedroom apartments. The property has been in service since 1995 and is located in Kent County. Interested applicants should contact the property management for current availability and lease terms.
Property Details
Fair Market Rent - Kent 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 | $1,100 |
| 1 Bedroom | $1,111 |
| 2 Bedroom | $1,269 |
| 3 Bedroom | $1,699 |
| 4 Bedroom | $2,153 |
Income Limits - Kent County, MD
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chestertown, MD?+
The Fair Market Rent (FMR) for Kent County, MD is: $1100 (Studio), $1111 (1BR), $1269 (2BR), $1699 (3BR), $2153 (4BR). Actual rent at subsidized properties like Chestertown Cove is typically 30% of household income or less.
What size apartments are available at Chestertown Cove?+
Chestertown Cove offers the following unit types: 18 One-Bedroom, 12 Two-Bedroom, 4 Three-Bedroom units, for a total of 34 units.
Who manages Chestertown Cove?+
Chestertown Cove is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Chestertown Cove?+
Chestertown Cove 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 Kent County, MD?+
For a 4-person household in Kent County, MD, 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.
What is the price range for apartments in Chestertown, MD?+
Based on Fair Market Rent for Kent County, the estimated price range is: 1-bedroom: $1111, 2-bedroom: $1269, 3-bedroom: $1699. Actual rent at Chestertown Cove may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
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