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There are 1,444 low-income apartments in New London County that offer reduced rents to eligible households. Low-income rents in New London County, Connecticut can range from $775 to $1,175 depending on the number of bedrooms.
Rental assistance programs support 2,648 low-income homes in New London County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $430 towards rent each month.
Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.
New London County, Connecticut Affordable Housing Data
Income Based Apartments in New London County, Connecticut
New London County features 2,648 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in New London County, Connecticut
There are 1,444 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New London County.
Housing Choice Vouchers in New London County, Connecticut
On average, Section 8 Housing Choice vouchers pay New London County landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in New London County.
2024 New London County, Connecticut Fair Market Rents
Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.
| Town/Area | Studio | One BR | Two BR | Three BR | Four BR |
|---|---|---|---|---|---|
| Bozrah town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Colchester town | $1,150 | $1,291 | $1,696 | $2,239 | $2,856 |
| East Lyme town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Franklin town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Griswold town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Groton town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Lebanon town | $1,150 | $1,291 | $1,696 | $2,239 | $2,856 |
| Ledyard town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Lisbon town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Lyme town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Montville town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| New London town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| North Stonington town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Norwich town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Old Lyme town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Preston town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Salem town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Sprague town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Stonington town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Voluntown town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
| Waterford town | $1,055 | $1,263 | $1,556 | $2,030 | $2,625 |
Sourced from federal housing data and AffordableHousingOnline.com research.
New London County, CT Affordable Housing Snapshot
| Total Affordable Apartment Properties | 82 |
|---|---|
| Total Low Income Apartments | 4,691 |
| Total Housing Units with Rental Assistance | 2,648 |
| Percentage of Housing Units Occupied By Renters | 33.47% |
| Average Renter Household Size | 2.18 |
| Average Household Size | 2.45 |
| Median Household Income | $66,233 ±$1,476 |
| Median Rent | $1,022 ±$20 |
| Percentage Of Renters Overburdened | 47.08% ± 2.25pp |
| Total Population | 273,185 |
Population and Household Demographics
New London County is a county in Connecticut with a population of 273,185. There are 106,495 households in the county with an average household size of 2.45 persons. 33.47% of households in New London County are renters.
Income and Rent Overburden in New London County
The median gross income for households in New London County is $66,233 a year, or $5,519 a month. The median rent for the county is $1,022 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In New London County, a household making less than $3,407 a month would be considered overburdened when renting an apartment at or above the median rent. 47.08% of households who rent are overburdened in New London County.
Area Median Income In New London County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In New London County, HUD calculates the Area Median Income for a family of four as $112,300
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in New London County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in New London County
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the New London County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$24,100 | $27,550 | $31,000 | $34,400 | $37,200 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the New London County AMI may qualify for rental assistance programs that target Very Low Income households. |
$40,150 | $45,900 | $51,650 | $57,350 | $61,950 | $66,550 | $71,150 | $75,750 |
| 80% AMI Income Limits Renters earning up to 80% of the New London County AMI may qualify for rental assistance programs that target Low Income households. |
$64,250 | $73,400 | $82,600 | $91,750 | $99,100 | $106,450 | $113,800 | $121,150 |
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