How many renters live in Alton, New Hampshire?
The City of Alton has people living in households.
There are renters living in renter households in this City. Renters make up 31.18 percent of the population living in Alton.
What is the rental market like in Alton, New Hampshire?
There are an estimated housing units in the Alton area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Alton, New Hampshire, there are 1 rental units.
What is the vacancy rate for rentals in Alton?
The rental vacancy rate in Alton 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 Alton for each bedroom size?
Occupied Rental Units by Size in Alton
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 39 | 14 | 0 | 0 | 0 |
Occupied Rental Units by Size in Alton
A large number of apartments in Alton 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 Alton
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $906 to $2,019. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $906 |
| One BR | $1,058 |
| Two BR | $1,329 |
| Three BR | $1,710 |
| Four BR | $2,019 |
2024 Fair Market Rents in Alton, New Hampshire
How many units are rented at Fair Market Rent (FMR) in Alton?
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 | 39 | 100 percent |
| One BR | 14 | 100 percent |
Rental Units Below FMR in Alton, New Hampshire
How many affordable rental units are in Alton?
There are a variety of federal affordable housing programs serving households in Alton, New Hampshire including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Alton, New Hampshire
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Alton, New Hampshire
Alton features 26 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 Alton, New Hampshire
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alton.
Housing Choice Vouchers in Alton, New Hampshire
On average, Section 8 Housing Choice vouchers pay Alton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Alton.
The maximum amount a voucher would pay on behalf of a low-income tenant in Alton, New Hampshire for a two-bedroom apartment is between $1,196 and $1,462.
Sourced from federal housing data and AffordableHousingOnline.com research.