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Penobscot Terrace

352 Main St

Old Town , ME 4468

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Section 8 accepted | Add to favorites | Making a rental inquiry

Total apartment units: 41

Assisted housing category: Subsidized, No HUD Financing

Owner organization name: Penobscot Terrace LLC

Management agent organization name: Old Town Housing Authority

Management agent main phone number: (207) 827-6151

Management agent email address: Lmiller@oldtownhousing.net

Hud Administered ind: N

Contract doc type: HAP

Program type: HFDA/8 NC

Rent to FMR ratio: 124.7094195

Rent to FMR description: Between 121% & 130% FMR

Total 1bedroom units: 32

Total 2bedroom units: 9

1bedroom: $743.00 per month

2bedrooms: $943.00 per month



Inquiry & Reviews (1)

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old people live here, its cozy, I wouldnt mind living here in my later years as long as i was getting laid.

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• Total number of low income units for rent: 30
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2024 Fair Market Rents in Old Town, ME 4468 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in Old Town, ME 4468 offer diverse housing options, including those relevant to Section 8 assistance:

  Efficiency: $756 (low) to $924 (high) per month
  One-Bedrooms: $828 (low) to $1,012 (high) per month
  Two-Bedrooms: $1,062 (low) to $1,298 (high) per month
  Three-Bedrooms: $1,350 (low) to $1,650 (high) per month
  Four-Bedrooms: $1,458 (low) to $1,782 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the Old Town, ME 4468 providing valuable resources for both tenants and landlords.

The prices mentioned include utilities; however, if the property owner doesn't cover utilities, the rent may be lower. Additionally, keep in mind that each housing authority sets its own price limits, so it's advisable to reach out to the housing authority to inquire about the allowable rental rates.

To apply for Section 8 housing, you can check your income against the Penobscot County, ME (part) HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.