Rolling Green Village
Royal Gardens
Bridgeview Apartments
Horseshoe Pond Place
Franklin Mill Apartments
There are 793 low-income apartments in Merrimack County that offer reduced rents to eligible households. Low-income rents in Merrimack County, New Hampshire can range from $875 to $1,250 depending on the number of bedrooms.
Rental assistance programs support 1,664 low-income homes in Merrimack County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $437 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.
Merrimack County, New Hampshire Affordable Housing Data
Income Based Apartments in Merrimack County, New Hampshire
Merrimack County features 1,664 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 Merrimack County, New Hampshire
There are 793 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Merrimack County.
Housing Choice Vouchers in Merrimack County, New Hampshire
On average, Section 8 Housing Choice vouchers pay Merrimack County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Merrimack County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Merrimack County, New Hampshire for a two-bedroom apartment is between $1,284 and $1,570.
2024 Merrimack 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 | |
|---|---|---|---|---|---|
| Merrimack County, New Hampshire Fair Market Rent | $972 | $1,086 | $1,427 | $1,877 | $1,900 |
| Merrimack County, New Hampshire Payment Standard Range | $875 to $1,069 | $977 to $1,195 | $1,284 to $1,570 | $1,689 to $2,065 | $1,710 to $2,090 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Merrimack County, NH Affordable Housing Snapshot
| Total Affordable Apartment Properties | 71 |
|---|---|
| Total Low Income Apartments | 2,474 |
| Total Housing Units with Rental Assistance | 1,664 |
| Percentage of Housing Units Occupied By Renters | 27.91% |
| Average Renter Household Size | 2.18 |
| Average Household Size | 2.49 |
| Median Household Income | $65,983 ±$1,833 |
| Median Rent | $939 ±$20 |
| Percentage Of Renters Overburdened | 45.6% ± 2.91pp |
| Total Population | 147,262 |
Population and Household Demographics
Merrimack County is a county in New Hampshire with a population of 147,262. There are 56,705 households in the county with an average household size of 2.49 persons. 27.91% of households in Merrimack County are renters.
Income and Rent Overburden in Merrimack County
The median gross income for households in Merrimack County is $65,983 a year, or $5,499 a month. The median rent for the county is $939 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Merrimack County, a household making less than $3,130 a month would be considered overburdened when renting an apartment at or above the median rent. 45.6% of households who rent are overburdened in Merrimack County.
Area Median Income In Merrimack 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 Merrimack County, HUD calculates the Area Median Income for a family of four as $116,000
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 Merrimack 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 Merrimack 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 Merrimack County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$23,300 | $26,600 | $29,950 | $33,250 | $35,950 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Merrimack County AMI may qualify for rental assistance programs that target Very Low Income households. |
$38,800 | $44,350 | $49,900 | $55,400 | $59,850 | $64,300 | $68,700 | $73,150 |
| 80% AMI Income Limits Renters earning up to 80% of the Merrimack County AMI may qualify for rental assistance programs that target Low Income households. |
$62,100 | $70,950 | $79,800 | $88,650 | $95,750 | $102,850 | $109,950 | $117,050 |
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