About This Property
Waverly House Apartments offers 156 low-income units in Bethesda, Maryland, serving elderly residents with a mix of 146 one-bedroom and 10 two-bedroom apartments. The property placed in service in 2017 and utilizes 4% Low-Income Housing Tax Credits to support affordability. Interested parties can contact the management office for additional information and availability.
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 |
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 Waverly House Apartments is typically 30% of household income or less.
What size apartments are available at Waverly House Apartments?+
Waverly House Apartments offers the following unit types: 146 One-Bedroom, 10 Two-Bedroom units, for a total of 156 units.
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. Actual rent at Waverly House Apartments may be lower for income-eligible households.
How do I apply for housing at Waverly House Apartments?+
Waverly House Apartments 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 Waverly House Apartments?+
Waverly House Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Waverly House Apartments?+
Waverly House Apartments is managed by . You can reach them at . Visit their website for more information.
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.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Waverly House Apartments
Hampden Lane Lasko Manor
Bethesda, MD
12 UnitsTanglewood & Slig
Kensington, MD
132 UnitsOak Ridge Apts
Bethesda, MD
113 UnitsForest Glen Main Master Tenant Llc
Silver Spring, MD
55 UnitsHampden Lane/Lasko Manor
Bethesda, MD
12 UnitsNational Park Seminary Apts
Silver Spring, MD
66 Units