How many renters live in Weatogue, Connecticut?
The City of Weatogue has people living in households.
There are renters living in renter households in this City. Renters make up 12.5 percent of the population living in Weatogue.
What is the rental market like in Weatogue, Connecticut?
There are an estimated housing units in the Weatogue area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Weatogue, Connecticut, there are 1 rental units.
What is the vacancy rate for rentals in Weatogue?
The rental vacancy rate in Weatogue 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 Weatogue for each bedroom size?
Occupied Rental Units by Size in Weatogue
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
38 | 53 | 86 | 19 | 0 |
Occupied Rental Units by Size in Weatogue
A large number of apartments in Weatogue have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Weatogue
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,121 to $2,425. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,121 |
One BR | $1,319 |
Two BR | $1,654 |
Three BR | $2,000 |
Four BR | $2,425 |
2024 Fair Market Rents in Weatogue, Connecticut
How many units are rented at Fair Market Rent (FMR) in Weatogue?
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 | 0 | 100 percent |
One BR | 22 | 42 percent |
Two BR | 36 | 42 percent |
Rental Units Below FMR in Weatogue, Connecticut
How many affordable rental units are in Weatogue?
Income Based Apartments in Weatogue, Connecticut
Weatogue features 0 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 Weatogue, Connecticut
There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Weatogue.
Housing Choice Vouchers in Weatogue, Connecticut
On average, Section 8 Housing Choice vouchers pay Weatogue landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Weatogue.
The maximum amount a voucher would pay on behalf of a low-income tenant in Weatogue, Connecticut for a two-bedroom apartment is between $1,489 and $1,819.
Sourced from federal housing data and AffordableHousingOnline.com research.