About This Property
Metropolitan offers 308 units in Bethesda, Maryland, with 92 units reserved for low-income households. The property, which has been in service since 1997, contains a mix of one-, two-, and three-bedroom units and is owned and operated by a non-profit organization. Financing through tax-exempt bonds and 4% Low-Income Housing Tax Credits supports the affordable housing provided at this Montgomery County community.
Property Details
Fair Market Rent - Montgomery 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 | $1,772 |
| 1 Bedroom | $1,803 |
| 2 Bedroom | $2,045 |
| 3 Bedroom | $2,544 |
| 4 Bedroom | $3,015 |
Income Limits - Montgomery County, MD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $27,100
- Very Low (50%)
- $45,150
- Low (80%)
- $57,650
- Extremely Low (30%)
- $31,000
- Very Low (50%)
- $51,600
- Low (80%)
- $65,850
- Extremely Low (30%)
- $34,850
- Very Low (50%)
- $58,050
- Low (80%)
- $74,100
- Extremely Low (30%)
- $38,700
- Very Low (50%)
- $64,500
- Low (80%)
- $82,300
- Extremely Low (30%)
- $41,800
- Very Low (50%)
- $69,700
- Low (80%)
- $88,900
- Extremely Low (30%)
- $44,900
- Very Low (50%)
- $74,850
- Low (80%)
- $95,500
- Extremely Low (30%)
- $48,000
- Very Low (50%)
- $80,000
- Low (80%)
- $102,100
- Extremely Low (30%)
- $51,100
- Very Low (50%)
- $85,150
- Low (80%)
- $108,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $27,100 | $45,150 | $57,650 |
| 2 Persons | $31,000 | $51,600 | $65,850 |
| 3 Persons | $34,850 | $58,050 | $74,100 |
| 4 Persons | $38,700 | $64,500 | $82,300 |
| 5 Persons | $41,800 | $69,700 | $88,900 |
| 6 Persons | $44,900 | $74,850 | $95,500 |
| 7 Persons | $48,000 | $80,000 | $102,100 |
| 8 Persons | $51,100 | $85,150 | $108,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bethesda, MD?+
The Fair Market Rent (FMR) for Montgomery County, MD is: $1772 (Studio), $1803 (1BR), $2045 (2BR), $2544 (3BR), $3015 (4BR). Actual rent at subsidized properties like Metropolitan is typically 30% of household income or less.
What size apartments are available at Metropolitan?+
Metropolitan offers the following unit types: 67 One-Bedroom, 23 Two-Bedroom, 2 Three-Bedroom units, for a total of 308 units.
What are the income limits for affordable housing in Montgomery County, MD?+
For a 4-person household in Montgomery County, MD, the income limits are: Extremely Low Income (30% AMI): $38,700, Very Low Income (50% AMI): $64,500, Low Income (80% AMI): $82,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Bethesda, MD?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 1-bedroom: $1803, 2-bedroom: $2045, 3-bedroom: $2544. Actual rent at Metropolitan may be lower for income-eligible households.
Who manages Metropolitan?+
Metropolitan is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Metropolitan?+
Metropolitan 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.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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