Low Income Apartments and Affordable Housing For Rent in Ashland, NH

Discover affordable housing in Ashland where there are 4+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Highland Apartments

3 White Mountain Ct, Ashland, New Hampshire 03217

Common Man Commons

48 West St, Ashland, New Hampshire 03217

Harvey Heights

24-40 Ledgewood Ln, Ashland, New Hampshire 03217

Ledgewood Estates

40 Ledgewood Ln, Ashland, New Hampshire 03217

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ashland, New Hampshire
$24.91/hour
$17.66 (+244%) more than New Hampshire minimum wage and $17.66 (+244%) more than the Federal minimum wage.
Learn More About Ashland, New Hampshire Affordable Housing ↓

How many renters live in Ashland, New Hampshire?

The City of Ashland has 1,520 people living in 681 households.

There are 657 renters living in 304 renter households in this City. Renters make up 43.22 percent of the population living in Ashland.

What is the rental market like in Ashland, New Hampshire?

There are an estimated 690 housing units in the Ashland area. Of these, 304 units are rental homes, making up 44 percent of the housing market. For every renter household in Ashland, New Hampshire, there are 1 rental units.

What is the vacancy rate for rentals in Ashland?

The rental vacancy rate in Ashland is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Ashland for each bedroom size?

Occupied Rental Units by Size in Ashland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 154 128 22 0
Occupied Rental Units by Size in Ashland

A large number of apartments in Ashland have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Ashland are overburdened by housing costs?

Among renter households in this market, 60 percent have housing cost burden. Further, 32 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Ashland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $891 to $1,940. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $891
One BR $1,001
Two BR $1,315
Three BR $1,708
Four BR $1,940
2024 Fair Market Rents in Ashland, New Hampshire

How many units are rented at Fair Market Rent (FMR) in Ashland?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 89 58 percent
Two BR 77 60 percent
Rental Units Below FMR in Ashland, New Hampshire

How many affordable rental units are in Ashland?

There are a variety of federal affordable housing programs serving households in Ashland, New Hampshire including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 40
Section 202 Supportive Housing for the Elderly 28
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Ashland, New Hampshire

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Ashland, New Hampshire

Ashland features 92 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 Ashland, New Hampshire

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ashland.

Housing Choice Vouchers in Ashland, New Hampshire

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ashland, New Hampshire for a two-bedroom apartment is between $1,184 and $1,447.

Sourced from federal housing data and AffordableHousingOnline.com research.