How many renters live in North Grosvenor Dale, Connecticut?
The City of North Grosvenor Dale has 1,281 people living in 585 households.
There are 480 renters living in 186 renter households in this City. Renters make up 37.47 percent of the population living in North Grosvenor Dale.
What is the rental market like in North Grosvenor Dale, Connecticut?
There are an estimated 617 housing units in the North Grosvenor Dale area. Of these, 218 units are rental homes, making up 35 percent of the housing market. For every renter household in North Grosvenor Dale, Connecticut, there are 1 rental units.
What is the vacancy rate for rentals in North Grosvenor Dale?
The rental vacancy rate in North Grosvenor Dale is 15 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 North Grosvenor Dale for each bedroom size?
Occupied Rental Units by Size in North Grosvenor Dale
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 79 | 35 | 72 | 0 |
Occupied Rental Units by Size in North Grosvenor Dale
A large number of apartments in North Grosvenor Dale 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 North Grosvenor Dale are overburdened by housing costs?
Among renter households in this market, 48 percent have housing cost burden. Further, 0 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 North Grosvenor Dale
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,186 to $2,380. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,186 |
| One BR | $1,194 |
| Two BR | $1,569 |
| Three BR | $1,921 |
| Four BR | $2,380 |
2024 Fair Market Rents in North Grosvenor Dale, Connecticut
How many units are rented at Fair Market Rent (FMR) in North Grosvenor Dale?
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 | 68 | 86 percent |
| Two BR | 35 | 100 percent |
Rental Units Below FMR in North Grosvenor Dale, Connecticut
How many affordable rental units are in North Grosvenor Dale?
There are a variety of federal affordable housing programs serving households in North Grosvenor Dale, Connecticut including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 78 |
| USDA Section 515 Rural Rental Housing | 28 |
Tracked Units by Federal Program in North Grosvenor Dale, Connecticut
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in North Grosvenor Dale, Connecticut
North Grosvenor Dale features 81 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 North Grosvenor Dale, Connecticut
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Grosvenor Dale.
Housing Choice Vouchers in North Grosvenor Dale, Connecticut
On average, Section 8 Housing Choice vouchers pay North Grosvenor Dale landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in North Grosvenor Dale.
The maximum amount a voucher would pay on behalf of a low-income tenant in North Grosvenor Dale, Connecticut for a two-bedroom apartment is between $1,412 and $1,726.
Sourced from federal housing data and AffordableHousingOnline.com research.
