How many renters live in Charlestown, New Hampshire?
The City of Charlestown has 934 people living in 443 households.
There are 486 renters living in 209 renter households in this City. Renters make up 52.03 percent of the population living in Charlestown.
What is the rental market like in Charlestown, New Hampshire?
There are an estimated 684 housing units in the Charlestown area. Of these, 242 units are rental homes, making up 35 percent of the housing market. For every renter household in Charlestown, New Hampshire, there are 1 rental units.
What is the vacancy rate for rentals in Charlestown?
The rental vacancy rate in Charlestown 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 Charlestown for each bedroom size?
Occupied Rental Units by Size in Charlestown
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 35 | 92 | 0 | 82 |
Occupied Rental Units by Size in Charlestown
A large number of apartments in Charlestown 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 Charlestown are overburdened by housing costs?
Among renter households in this market, 45 percent have housing cost burden. Further, 29 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 Charlestown
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $947 to $1,849. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $947 |
| One BR | $987 |
| Two BR | $1,297 |
| Three BR | $1,623 |
| Four BR | $1,849 |
2024 Fair Market Rents in Charlestown, New Hampshire
How many units are rented at Fair Market Rent (FMR) in Charlestown?
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 | 33 | 94 percent |
| Two BR | 55 | 60 percent |
Rental Units Below FMR in Charlestown, New Hampshire
How many affordable rental units are in Charlestown?
Income Based Apartments in Charlestown, New Hampshire
Charlestown features 100 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 Charlestown, New Hampshire
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Charlestown.
Housing Choice Vouchers in Charlestown, New Hampshire
On average, Section 8 Housing Choice vouchers pay Charlestown landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Charlestown.
The maximum amount a voucher would pay on behalf of a low-income tenant in Charlestown, New Hampshire for a two-bedroom apartment is between $1,167 and $1,427.
Sourced from federal housing data and AffordableHousingOnline.com research.
