; Low Income Apartments For Rent in Warner, NH

Kearsarge Elderly Housing

26 North Rd
Warner, New Hampshire
Subsidized
Senior
S. 202
Showing Results 1-15
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There are 0 low-income apartments in Warner that offer reduced rents to eligible households.

Rental assistance programs support 35 low-income homes in Warner where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on February 14th, 2020. Subdsidized rents typically change once a year based on federal guidance.

Warner, New Hampshire Affordable Housing Data

Income Based Apartments in Warner, New Hampshire

Warner features 35 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 Warner, New Hampshire

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Warner.

Housing Choice Vouchers in Warner, New Hampshire

On average, Section 8 Housing Choice vouchers pay Warner landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Warner.

The maximum amount a voucher would pay on behalf of a low-income tenant in Warner, New Hampshire for a two-bedroom apartment is between $1,284 and $1,570.

2024 Warner, 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
Warner, New Hampshire Fair Market Rent $972 $1,086 $1,427 $1,877 $1,900
Warner, 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.

Warner, NH Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 35
Total Housing Units with Rental Assistance 35
Percentage of Housing Units Occupied By Renters 28%
Average Renter Household Size 1.29
Average Household Size 2.38
Median Household Income $53,657 ±$7,452
Median Rent $839 ±$581
Percentage Of Renters Overburdened 20.41% ± 36.51pp
Total Population 417

Population and Household Demographics

Warner is a city in Merrimack County, New Hampshire with a population of 417. There are 175 households in the city with an average household size of 2.38 persons. 28% of households in Warner are renters.

Income and Rent Overburden in Warner

The median gross income for households in Warner is $53,657 a year, or $4,471 a month. The median rent for the city is $839 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Warner, a household making less than $2,797 a month would be considered overburdened when renting an apartment at or above the median rent. 20.41% of households who rent are overburdened in Warner.

Area Median Income In Warner

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 Warner, the AMI is calculated from all households within Merrimack County.

In Warner, 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 Warner

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 Warner

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 Warner 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 Warner 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 Warner 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