Newfound River Apartments
Hillview Apartments
Councilor Ray Burton Commons
Newfound Meadows Apartments
Highland Apartments
Crane Street Court
The Woods
Bethlehem Pine Manor Apartments
Lincoln Green Apartments
Boulder Point
There are 585 low-income apartments in Grafton County that offer reduced rents to eligible households. Low-income rents in Grafton County, New Hampshire can range from $656 to $1,150 depending on the number of bedrooms.
Rental assistance programs support 1,001 low-income homes in Grafton County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $372 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.
Grafton County, New Hampshire Affordable Housing Data
Income Based Apartments in Grafton County, New Hampshire
Grafton County features 1,001 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 Grafton County, New Hampshire
There are 585 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grafton County.
Housing Choice Vouchers in Grafton County, New Hampshire
On average, Section 8 Housing Choice vouchers pay Grafton County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Grafton County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Grafton County, New Hampshire for a two-bedroom apartment is between $1,184 and $1,447.
2024 Grafton County, New Hampshire 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 | |
|---|---|---|---|---|---|
| Grafton County, New Hampshire Fair Market Rent | $891 | $1,001 | $1,315 | $1,708 | $1,940 |
| Grafton County, New Hampshire Payment Standard Range | $802 to $980 | $901 to $1,101 | $1,184 to $1,447 | $1,537 to $1,879 | $1,746 to $2,134 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Grafton County, NH Affordable Housing Snapshot
| Total Affordable Apartment Properties | 53 |
|---|---|
| Total Low Income Apartments | 1,637 |
| Total Housing Units with Rental Assistance | 1,001 |
| Percentage of Housing Units Occupied By Renters | 31.78% |
| Average Renter Household Size | 2.13 |
| Average Household Size | 2.35 |
| Median Household Income | $55,762 ±$2,055 |
| Median Rent | $881 ±$25 |
| Percentage Of Renters Overburdened | 42.11% ± 3.7pp |
| Total Population | 89,341 |
Population and Household Demographics
Grafton County is a county in New Hampshire with a population of 89,341. There are 35,035 households in the county with an average household size of 2.35 persons. 31.78% of households in Grafton County are renters.
Income and Rent Overburden in Grafton County
The median gross income for households in Grafton County is $55,762 a year, or $4,647 a month. The median rent for the county is $881 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Grafton County, a household making less than $2,937 a month would be considered overburdened when renting an apartment at or above the median rent. 42.11% of households who rent are overburdened in Grafton County.
Area Median Income In Grafton 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 Grafton County, HUD calculates the Area Median Income for a family of four as $115,100
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 Grafton 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 Grafton 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 Grafton County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$21,000 | $24,000 | $27,000 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Grafton County AMI may qualify for rental assistance programs that target Very Low Income households. |
$35,000 | $40,000 | $45,000 | $50,000 | $54,000 | $58,000 | $62,000 | $66,000 |
| 80% AMI Income Limits Renters earning up to 80% of the Grafton County AMI may qualify for rental assistance programs that target Low Income households. |
$56,000 | $64,000 | $72,000 | $80,000 | $86,400 | $92,800 | $99,200 | $105,600 |
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