Low Income Apartments and Affordable Housing For Rent in Cheshire County, NH

Discover affordable housing in Cheshire County where there are 51+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Jaffrey Mill Apartments

2 North St, Jaffrey, New Hampshire 03452

Ashuelot River Apartments

57 Holbrook Ave, Swanzey, New Hampshire 03446

Cranberry Hill Apartments

Cranberry Hill Apts, Troy, New Hampshire 3465

Paper Mill Village

45 Pleasant St, Alstead, New Hampshire 03602

Evergreen Knoll

851 W Swanzey Rd, Swanzey, New Hampshire 03446

Brookbend West

82 Meadow Rd, Keene, New Hampshire 03431

Brookbend East

27 Ivy Dr, Keene, New Hampshire 03431

The Residences at Abenaki Springs

17 Avery Lane, Walpole, New Hampshire 03608

Emerald Street House

32 Emerald St, Keene, New Hampshire 03431

Pierce Elderly Housing

15 Frost St, Marlborough, New Hampshire 03455

Stone Arch Senior

835 Court St, Keene, New Hampshire 03431

Alstead Senior

49 Pleasant St, Alstead, New Hampshire 03602

Stone Arch Family

823 Court St, Keene, New Hampshire 03431

Winchester Senior

52 Warwick Rd, Winchester, New Hampshire 03470

West Mill Senior

110 RAILROAD ST, Keene, New Hampshire 03431

Central Square Terrace

5 Central Sq, Keene, New Hampshire 03431

Keene Housing Scattered Sites

94 Spring Street, Keene, New Hampshire 03431

Harper Acres

104-169 Castle St & 109 Ashuelot Street, Keene, New Hampshire 03431

Ash Brook Apartments

191-195 Key Rd, Keene, New Hampshire 03431

Bennett Block

32 Washington Street, Keene, New Hampshire 03431

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cheshire County, New Hampshire
$19.15 (+264%) more than New Hampshire minimum wage and $19.15 (+264%) more than the Federal minimum wage.
Learn More About Cheshire County, New Hampshire Affordable Housing ↓

What HUD offices serve Cheshire County, New Hampshire?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Moving to Work programs for Cheshire County, New Hampshire.

Go to the New Hampshire Public Housing and Low-Income Apartments Waiting Lists page for openings near Cheshire County.

How many renters live in Cheshire County, New Hampshire?

The County of Cheshire County has 77,350 people living in 31,960 households.

There are 17,621 renters living in 8,978 renter households in this County. Renters make up 22.78 percent of the population living in Cheshire County.

What is the rental market like in Cheshire County, New Hampshire?

There are an estimated 35,706 housing units in the Cheshire County area. Of these, 9,731 units are rental homes, making up 27 percent of the housing market. For every renter household in Cheshire County, New Hampshire, there are 1 rental units.

What is the vacancy rate for rentals in Cheshire County?

The rental vacancy rate in Cheshire County is 2 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 Cheshire County for each bedroom size?

Occupied Rental Units by Size in Cheshire County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
282 3,039 3,274 1,587 408
Occupied Rental Units by Size in Cheshire County

A large number of apartments in Cheshire 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 Cheshire County are overburdened by housing costs?

Among renter households in this market, 41 percent have housing cost burden. Further, 20 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 Cheshire County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $945 to $1,888. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $945
One BR $1,061
Two BR $1,394
Three BR $1,833
Four BR $1,888
2024 Fair Market Rents in Cheshire County, New Hampshire

How many units are rented at Fair Market Rent (FMR) in Cheshire 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 217 77 percent
One BR 2,081 68 percent
Two BR 1,838 56 percent
Rental Units Below FMR in Cheshire County, New Hampshire

How many affordable rental units are in Cheshire County?

There are a variety of federal affordable housing programs serving households in Cheshire County, New Hampshire including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 807
Section 8 Project-Based Rental Assistance 517
Mod Rehab Project-Based Rental Assistance 25
Section 202 Supportive Housing for the Elderly 38
USDA Section 515 Rural Rental Housing 242
Tracked Units by Federal Program in Cheshire County, New Hampshire

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Cheshire County, New Hampshire

Cheshire County features 732 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 Cheshire County, New Hampshire

There are 542 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cheshire County.

Housing Choice Vouchers in Cheshire County, New Hampshire

On average, Section 8 Housing Choice vouchers pay Cheshire County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Cheshire County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cheshire County, New Hampshire for a two-bedroom apartment is between $1,255 and $1,533.

Sourced from federal housing data and AffordableHousingOnline.com research.