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

Discover affordable housing in Claremont where there are 13+ 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.

Earl M. Bourdon Center

67 Maple Ave, Claremont, New Hampshire 03743

Hillside Court

17 Lincoln Hts, Claremont, New Hampshire 03743

Hillside Terrace

2 Hillside Ter, Claremont, New Hampshire 03743

Connecticut Valley House

7 Trinity St, Claremont, New Hampshire 03743

Claremont Manor

2 Manor Dr, Claremont, New Hampshire 03743

Sugar River Mills

7 Heritage Dr, Claremont, New Hampshire 03743

CENTRAL & MULBERRY STREET

40 CENTRAL ST, Claremont, New Hampshire 3743

Marion Phillips Apartments

243 Broad St, Claremont, New Hampshire 03743

Goddard Block

52-62 Pleasant St, Claremont, New Hampshire 03743

SULLIVAN STREET

30 SULLIVAN ST, Claremont, New Hampshire 03743

SUMMER STREET

101 SUMMER ST, Claremont, New Hampshire 03743

UNION AND PEARL STREET APARTMENTS

8 UNION ST, Claremont, New Hampshire 03743

700 MAIN STREET

700 MAIN ST, Claremont, New Hampshire 3743

calendar_today Opened: Sep 1
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Claremont, New Hampshire
$24.56/hour
$17.31 (+239%) more than New Hampshire minimum wage and $17.31 (+239%) more than the Federal minimum wage.
Learn More About Claremont, New Hampshire Affordable Housing ↓

What HUD offices serve Claremont, New Hampshire?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Claremont, New Hampshire.

Go to the New Hampshire Public Housing and Low-Income Apartments Waiting Lists page for openings near Claremont.

How many renters live in Claremont, New Hampshire?

The City of Claremont has 13,018 people living in 5,203 households.

There are 4,498 renters living in 2,121 renter households in this City. Renters make up 34.55 percent of the population living in Claremont.

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

There are an estimated 5,955 housing units in the Claremont area. Of these, 2,343 units are rental homes, making up 39 percent of the housing market. For every renter household in Claremont, New Hampshire, there are 1 rental units.

What is the vacancy rate for rentals in Claremont?

The rental vacancy rate in Claremont is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

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

Occupied Rental Units by Size in Claremont
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
31 908 965 175 42
Occupied Rental Units by Size in Claremont

A large number of apartments in Claremont 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 Claremont are overburdened by housing costs?

Among renter households in this market, 63 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 Claremont

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $947 to $1,849. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $947
One BR $987
Two BR $1,297
Three BR $1,623
Four BR $1,849
2024 Fair Market Rents in Claremont, New Hampshire

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

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
Studio 28 90 percent
One BR 678 75 percent
Two BR 626 65 percent
Rental Units Below FMR in Claremont, New Hampshire

How many affordable rental units are in Claremont?

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

Federal Program Unit Count
Low Income Housing Tax Credit 181
Section 8 Project-Based Rental Assistance 431
Mod Rehab Project-Based Rental Assistance 3
Section 202 Supportive Housing for the Elderly 2
Tracked Units by Federal Program in Claremont, New Hampshire

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

Income Based Apartments in Claremont, New Hampshire

Claremont features 580 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 Claremont, New Hampshire

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

Housing Choice Vouchers in Claremont, New Hampshire

On average, Section 8 Housing Choice vouchers pay Claremont landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Claremont.

The maximum amount a voucher would pay on behalf of a low-income tenant in Claremont, New Hampshire for a two-bedroom apartment is between $1,167 and $1,427.

Sourced from federal housing data and AffordableHousingOnline.com research.