Old Wellington Road
Gatewood Manor
Coliseum Seniors Residence
Milford Mill
Dubuque Street Apartments
Rockbrook Apartments
Carpenter Center
Pelham Terrace
Frances Warde House
There are 2,474 low-income apartments in Hillsborough County that offer reduced rents to eligible households. Low-income rents in Hillsborough County, New Hampshire can range from $915 to $1,175 depending on the number of bedrooms.
Rental assistance programs support 5,027 low-income homes in Hillsborough County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $416 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.
Hillsborough County, New Hampshire Affordable Housing Data
Income Based Apartments in Hillsborough County, New Hampshire
Hillsborough County features 5,027 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 Hillsborough County, New Hampshire
There are 2,474 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hillsborough County.
Housing Choice Vouchers in Hillsborough County, New Hampshire
On average, Section 8 Housing Choice vouchers pay Hillsborough County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Hillsborough County.
2024 Hillsborough County, New Hampshire 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 |
|---|---|---|---|---|---|
| Amherst town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Antrim town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Bedford town | $1,200 | $1,348 | $1,771 | $2,141 | $2,361 |
| Bennington town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Brookline town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Deering town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Francestown town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Goffstown town | $1,200 | $1,348 | $1,771 | $2,141 | $2,361 |
| Greenfield town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Greenville town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Hancock town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Hillsborough town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Hollis town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Hudson town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Litchfield town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Lyndeborough town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Manchester city | $1,200 | $1,348 | $1,771 | $2,141 | $2,361 |
| Mason town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Merrimack town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Milford town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Mont Vernon town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Nashua city | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| New Boston town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| New Ipswich town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Pelham town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Peterborough town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Sharon town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Temple town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
| Weare town | $1,200 | $1,348 | $1,771 | $2,141 | $2,361 |
| Wilton town | $1,326 | $1,489 | $1,956 | $2,528 | $2,737 |
| Windsor town | $1,105 | $1,113 | $1,462 | $1,862 | $2,121 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Hillsborough County, NH Affordable Housing Snapshot
| Total Affordable Apartment Properties | 169 |
|---|---|
| Total Low Income Apartments | 7,816 |
| Total Housing Units with Rental Assistance | 5,027 |
| Percentage of Housing Units Occupied By Renters | 33.32% |
| Average Renter Household Size | 2.28 |
| Average Household Size | 2.55 |
| Median Household Income | $71,244 ±$998 |
| Median Rent | $1,073 ±$11 |
| Percentage Of Renters Overburdened | 47.04% ± 1.87pp |
| Total Population | 403,972 |
Population and Household Demographics
Hillsborough County is a county in New Hampshire with a population of 403,972. There are 155,208 households in the county with an average household size of 2.55 persons. 33.32% of households in Hillsborough County are renters.
Income and Rent Overburden in Hillsborough County
The median gross income for households in Hillsborough County is $71,244 a year, or $5,937 a month. The median rent for the county is $1,073 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hillsborough County, a household making less than $3,577 a month would be considered overburdened when renting an apartment at or above the median rent. 47.04% of households who rent are overburdened in Hillsborough County.
Area Median Income In Hillsborough 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 Hillsborough County, HUD calculates the Area Median Income for a family of four as $133,200
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 Hillsborough 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 Hillsborough 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 Hillsborough County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$27,250 | $31,150 | $35,050 | $38,900 | $42,050 | $45,150 | $48,250 | $51,350 |
| 50% AMI Income Limits Renters earning up to 50% of the Hillsborough County AMI may qualify for rental assistance programs that target Very Low Income households. |
$45,400 | $51,850 | $58,350 | $64,800 | $70,000 | $75,200 | $80,400 | $85,550 |
| 80% AMI Income Limits Renters earning up to 80% of the Hillsborough County AMI may qualify for rental assistance programs that target Low Income households. |
$66,300 | $75,750 | $85,200 | $94,650 | $102,250 | $109,800 | $117,400 | $124,950 |
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