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Affordable & Income-Based Housing in Princess Anne

Princess Anne, MD has 9 income-based rental properties offering 388 units across the city. Of the 5 properties with inspection scores on record, 4 rated excellent and 1 rated good, signaling well-maintained housing stock. With a median market rent of $1,048 per month (Census ACS 5-Year), income-based options here can make a meaningful difference for cost-conscious renters.

9
Properties
388
Total units
93/100
Avg HUD score

At a glance

🏠 Affordability
$1,048/mo

Affordability

According to Census ACS 5-Year data (as of 2024), the median gross rent in Princess Anne is $1,048 per month, the median household income is $69,116 per year, and renters make up 57% of occupied households. With more than half of residents renting, demand for affordable housing options in this community is significant.

Census ACS 5-Year
🛡️ Safety
1,598 / 100k · 2024

Safety

According to FBI Crime Data Explorer, the Princess Anne Police Department reported a violent crime rate of 1,598 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Of the 6 HUD-assisted properties in Princess Anne tracked by Lease Lantern, none are located in a FEMA-designated high-risk flood zone.

FBI Crime Data Explorer
🚶 Getting around
Walk Score 42 · Car-Dependent

Getting Around Princess Anne

According to Walk Score, the area around assisted properties in Princess Anne has a Walk Score of 42 (Car-Dependent) and a Bike Score of 41. No Transit Score is available for this area. Most errands and trips will likely require a car.

Walk Score
🎓 Schools
3 schools · 1 districts

Schools

According to NCES Common Core of Data, 3 public schools serve Princess Anne within 1 district, including 2 elementary and 1 high school. Ratings vary by school, so renters should check the assigned schools for a specific address before applying.

NCES Common Core of Data
📊 Cost of living
$69,116 median income

Cost of Living in Princess Anne

The median household income in Princess Anne is $69,116 per year, according to Census ACS 5-Year estimates. The median asking rent is $1,048 per month, also per Census ACS 5-Year data.

Affordable and income-based housing in Princess Anne can offer significant savings for eligible renters. Rents at HUD-assisted and income-restricted properties are typically set as a percentage of a household's income or capped based on area median income limits, rather than tied to market rates.

  • Median household income: $69,116/year (Census ACS 5-Year)
  • Median market rent: $1,048/month (Census ACS 5-Year)
  • Share of renter households: 57% (Census ACS 5-Year)
  • Affordable housing properties tracked: 6 buildings, 256 total units
Census ACS 5-Year
🌊 Environment & risk

Environment & Flood Risk

All 6 assisted properties in Princess Anne have been mapped for flood zone data. None are located in a high-risk flood zone, which is a reassuring finding for renters concerned about flood exposure.

FEMA · EPA AirNow
HUD Inspection Scoresavg 93/100(5 of 9 scored)
90+ (4)70–89 (1)No score (4)

9 properties on the map

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About Affordable Housing in Princess Anne, MD

Princess Anne is a small Eastern Shore community with a notably renter-majority population -- 57 percent of households rent, according to Census ACS 5-Year data. The median market rent here sits at $1,048 per month (Census ACS 5-Year), making the 256 income-restricted and HUD-assisted units across 6 properties a meaningful resource for residents seeking more affordable options.

Of the 5 properties with inspection scores on file, 4 earned an excellent rating and 1 earned a good rating, according to HUD inspection data -- a strong overall picture for the local affordable housing stock. None of the 6 mapped properties carry a high flood risk designation.

Getting around Princess Anne without a car takes some planning. Walk Score rates the city at 42 (Car-Dependent) and the bike score at 41, so access to a vehicle or reliable transportation is worth factoring into your housing search.

The city is served by 1 school district, with 3 public schools -- 2 elementary and 1 high school -- according to NCES Common Core of Data.

A Closer Look at Princess Anne

Eligibility & how to apply

Helpful guides

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