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

Discover affordable housing in Somersworth where there are 9+ 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.

Parkview Terrace

40 Parkview Terrace, Somersworth, New Hampshire 03878

Robert Filion Terrace

28 Franklin St, Somersworth, New Hampshire 03878

Preservation Park

185 Main St, Somersworth, New Hampshire 03878

Smokey Hollow Commons

225 Main St, Somersworth, New Hampshire 03878

Queensbury Mill

1 Market St, Somersworth, New Hampshire 03878

Crocketts Crossing

7 Wildflower Cir, Somersworth, New Hampshire 03878

Albert Jack LaBonte Apartments

191 MAPLE ST, Somersworth, New Hampshire 03878

Cherryfield Village C/O Sterling Mgmt

37 Cherryfield Drive, Somersworth, New Hampshire

Maple Street Somersworth

1 Maple St, Somersworth, New Hampshire 03878

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Somersworth, New Hampshire
$37.94/hour
$30.69 (+423%) more than New Hampshire minimum wage and $30.69 (+423%) more than the Federal minimum wage.
Learn More About Somersworth, New Hampshire Affordable Housing ↓

What HUD offices serve Somersworth, 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 Somersworth, New Hampshire.

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

How many renters live in Somersworth, New Hampshire?

The City of Somersworth has 11,994 people living in 5,232 households.

There are 3,611 renters living in 1,844 renter households in this City. Renters make up 30.11 percent of the population living in Somersworth.

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

There are an estimated 5,701 housing units in the Somersworth area. Of these, 2,105 units are rental homes, making up 37 percent of the housing market. For every renter household in Somersworth, New Hampshire, there are 1 rental units.

What is the vacancy rate for rentals in Somersworth?

The rental vacancy rate in Somersworth is 11 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 Somersworth for each bedroom size?

Occupied Rental Units by Size in Somersworth
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
187 534 757 213 153
Occupied Rental Units by Size in Somersworth

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

Among renter households in this market, 41 percent have housing cost burden. Further, 15 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 Somersworth

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,481 to $2,999. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,481
One BR $1,582
Two BR $2,003
Three BR $2,557
Four BR $2,999
2024 Fair Market Rents in Somersworth, New Hampshire

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

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 169 90 percent
One BR 534 100 percent
Two BR 412 54 percent
Rental Units Below FMR in Somersworth, New Hampshire

How many affordable rental units are in Somersworth?

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

Federal Program Unit Count
Low Income Housing Tax Credit 107
Section 8 Project-Based Rental Assistance 86
USDA Section 515 Rural Rental Housing 36
Tracked Units by Federal Program in Somersworth, New Hampshire

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

Income Based Apartments in Somersworth, New Hampshire

Somersworth features 328 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 Somersworth, New Hampshire

There are 83 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Somersworth.

Housing Choice Vouchers in Somersworth, New Hampshire

On average, Section 8 Housing Choice vouchers pay Somersworth landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Somersworth.

The maximum amount a voucher would pay on behalf of a low-income tenant in Somersworth, New Hampshire for a two-bedroom apartment is between $1,803 and $2,203.

Sourced from federal housing data and AffordableHousingOnline.com research.