Low Income Apartments For Rent in Winsted, CT

There are 136 low-income apartments in Winsted that offer reduced rents to eligible households. Low-income rents in Winsted, Connecticut can range from $730 to $875 depending on the number of bedrooms.

Rental assistance programs support 126 low-income homes in Winsted where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $402 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.

Winsted, Connecticut Affordable Housing Data

Income Based Apartments in Winsted, Connecticut

Winsted features 126 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 Winsted, Connecticut

There are 136 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Winsted.

Housing Choice Vouchers in Winsted, Connecticut

On average, Section 8 Housing Choice vouchers pay Winsted landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Winsted.

The maximum amount a voucher would pay on behalf of a low-income tenant in Winsted, Connecticut for a two-bedroom apartment is between $1,336 and $1,632.

2024 Winsted, Connecticut Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

	Studio	One BR	Two BR	Three BR	Four BR
Winsted, Connecticut Fair Market Rent	$1,006	$1,160	$1,484	$1,819	$2,024
Winsted, Connecticut Payment Standard Range	$905 to $1,107	$1,044 to $1,276	$1,336 to $1,632	$1,637 to $2,001	$1,822 to $2,226

Sourced from federal housing data and AffordableHousingOnline.com research.

Winsted, CT Affordable Housing Snapshot

Total Affordable Apartment Properties 11

Total Low Income Apartments 267

Total Housing Units with Rental Assistance 126

Percentage of Housing Units Occupied By Renters 50.35%

Average Renter Household Size 2.06

Average Household Size 2.25

Median Household Income $48,741 ±$5,276

Median Rent $953 ±$102

Percentage Of Renters Overburdened 50.84% ± 11.6pp

Total Population 7,753

Total Affordable Apartment Properties	11
Total Low Income Apartments	267
Total Housing Units with Rental Assistance	126
Percentage of Housing Units Occupied By Renters	50.35%
Average Renter Household Size	2.06
Average Household Size	2.25
Median Household Income	$48,741 ±$5,276
Median Rent	$953 ±$102
Percentage Of Renters Overburdened	50.84% ± 11.6pp
Total Population	7,753

Population and Household Demographics

Winsted is a city in Litchfield County, Connecticut with a population of 7,753. There are 3,414 households in the city with an average household size of 2.25 persons. 50.35% of households in Winsted are renters.

Income and Rent Overburden in Winsted

The median gross income for households in Winsted is $48,741 a year, or $4,062 a month. The median rent for the city is $953 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Winsted, a household making less than $3,177 a month would be considered overburdened when renting an apartment at or above the median rent. 50.84% of households who rent are overburdened in Winsted.

Area Median Income In Winsted

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Winsted, the AMI is calculated from all households within Litchfield County.

In Winsted, HUD calculates the Area Median Income for a family of four as $114,700

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 Winsted

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 Winsted

	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 Winsted 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 Winsted 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 Winsted 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