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

Discover affordable housing in Winchester where there are 5+ 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.

Winchester Senior

52 Warwick Rd, Winchester, New Hampshire 03470

Wedgewood Duplexes

2 Woodcrest Dr, Winchester, New Hampshire 3470

Snow Brook

19 Warwick Rd, Winchester, New Hampshire 03470

Sunrise Village

76 N Main St, Winchester, New Hampshire 03470

Warwick Senior

68 Warwick Rd, Winchester, New Hampshire 3470

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Winchester, New Hampshire
$26.40/hour
$19.15 (+264%) more than New Hampshire minimum wage and $19.15 (+264%) more than the Federal minimum wage.
Learn More About Winchester, New Hampshire Affordable Housing ↓

What HUD offices serve Winchester, 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, Moving to Work programs for Winchester, New Hampshire.

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

How many renters live in Winchester, New Hampshire?

The City of Winchester has 1,369 people living in 627 households.

There are 665 renters living in 295 renter households in this City. Renters make up 48.58 percent of the population living in Winchester.

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

There are an estimated 699 housing units in the Winchester area. Of these, 350 units are rental homes, making up 50 percent of the housing market. For every renter household in Winchester, New Hampshire, there are 1 rental units.

What is the vacancy rate for rentals in Winchester?

The rental vacancy rate in Winchester 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 Winchester for each bedroom size?

Occupied Rental Units by Size in Winchester
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 147 73 75 0
Occupied Rental Units by Size in Winchester

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

Among renter households in this market, 41 percent have housing cost burden. Further, 17 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 Winchester

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $945 to $1,888. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $945
One BR $1,061
Two BR $1,394
Three BR $1,833
Four BR $1,888
2024 Fair Market Rents in Winchester, New Hampshire

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

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 110 75 percent
Two BR 34 47 percent
Rental Units Below FMR in Winchester, New Hampshire

How many affordable rental units are in Winchester?

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

Federal Program Unit Count
Low Income Housing Tax Credit 30
Section 8 Project-Based Rental Assistance 70
Tracked Units by Federal Program in Winchester, New Hampshire

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

Income Based Apartments in Winchester, New Hampshire

Winchester features 70 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 Winchester, New Hampshire

There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Winchester.

Housing Choice Vouchers in Winchester, New Hampshire

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Winchester, New Hampshire for a two-bedroom apartment is between $1,255 and $1,533.

Sourced from federal housing data and AffordableHousingOnline.com research.