How many renters live in Litchfield County, Connecticut?
The County of Litchfield County has 185,175 people living in 74,857 households.
There are 35,910 renters living in 17,761 renter households in this County. Renters make up 19.39 percent of the population living in Litchfield County.
What is the rental market like in Litchfield County, Connecticut?
There are an estimated 87,660 housing units in the Litchfield County area. Of these, 18,821 units are rental homes, making up 21 percent of the housing market. For every renter household in Litchfield County, Connecticut, there are 1 rental units.
What is the vacancy rate for rentals in Litchfield County?
The rental vacancy rate in Litchfield County is 5 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 Litchfield County for each bedroom size?
Occupied Rental Units by Size in Litchfield County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
1,211 | 5,167 | 6,114 | 3,938 | 986 |
Occupied Rental Units by Size in Litchfield County
A large number of apartments in Litchfield County 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 Litchfield County are overburdened by housing costs?
Among renter households in this market, 45 percent have housing cost burden. Further, 25 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 Litchfield County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,006 to $2,024. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,006 |
One BR | $1,160 |
Two BR | $1,484 |
Three BR | $1,819 |
Four BR | $2,024 |
2024 Fair Market Rents in Litchfield County, Connecticut
How many units are rented at Fair Market Rent (FMR) in Litchfield County?
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 | 1,024 | 85 percent |
One BR | 3,502 | 68 percent |
Two BR | 4,401 | 72 percent |
Rental Units Below FMR in Litchfield County, Connecticut
How many affordable rental units are in Litchfield County?
There are a variety of federal affordable housing programs serving households in Litchfield County, Connecticut including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | 550 |
USDA Section 515 Rural Rental Housing | 253 |
Tracked Units by Federal Program in Litchfield County, Connecticut
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Litchfield County, Connecticut
Litchfield County features 1,271 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 Litchfield County, Connecticut
There are 355 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Litchfield County.
Housing Choice Vouchers in Litchfield County, Connecticut
On average, Section 8 Housing Choice vouchers pay Litchfield County landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Litchfield County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Litchfield County, Connecticut for a two-bedroom apartment is between $1,336 and $1,632.
Sourced from federal housing data and AffordableHousingOnline.com research.