Low Income Apartments and Affordable Housing For Rent in Concord, NH

Discover affordable housing in Concord where there are 26+ 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.

Eagles Bluff Residences

Eagles Bluff, Concord, New Hampshire 3301

Friedman Court II

13 Old Suncook Rd, Concord, New Hampshire 03301

Friedman Court I

19 Old Suncook Rd, Concord, New Hampshire 03301

Mennino Place

51 Storrs St, Concord, New Hampshire 03301

Union Street Apartments

18 Union St, Concord, New Hampshire 03301

Horseshoe Pond Place

26 Commercial St, Concord, New Hampshire 03301

Perley Place

56 Perley St, Concord, New Hampshire 03301

Royal Gardens

1 Royal Gdns, Concord, New Hampshire 3301

South End Apartments

57 Centre St, Concord, New Hampshire 03301

Briar Pipe Apartments

83 Washington Street, Concord, New Hampshire 03303

Fayette Street Project

22 Fayette St, Concord, New Hampshire 03301

Washington Court

70 Washington St, Concord, New Hampshire 03301

Fellowship House

11 Chesley St, Concord, New Hampshire 03301

Firehouse Block - Elderly

46 Warren St, Concord, New Hampshire 3301

Florence V. Hodges Apartments

205 Loudon Rd, Concord, New Hampshire 3301

Fellowship Apartments

12 Allison St, Concord, New Hampshire 03301

Penacook Landing

33 Canal Street, Concord, New Hampshire 03303

Eastern Avenue

28 E SIDE DR, Concord, New Hampshire 03301

Bicentennial

5 Market Ln, Concord, New Hampshire 03301

Parmenter Place

15 Parmenter Rd, Concord, New Hampshire 03303

calendar_today Opened: Jun 28
Open Until Further Notice

Reported On February 23rd, 2024 by Madison Shannahan

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Concord, New Hampshire
$27.03/hour
$19.78 (+273%) more than New Hampshire minimum wage and $19.78 (+273%) more than the Federal minimum wage.
Learn More About Concord, New Hampshire Affordable Housing ↓

What HUD offices serve Concord, 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 programs for Concord, New Hampshire.

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

How many renters live in Concord, New Hampshire?

The City of Concord has 44,049 people living in 17,955 households.

There are 15,435 renters living in 7,680 renter households in this City. Renters make up 35.04 percent of the population living in Concord.

What is the rental market like in Concord, New Hampshire?

There are an estimated 18,864 housing units in the Concord area. Of these, 7,961 units are rental homes, making up 42 percent of the housing market. For every renter household in Concord, New Hampshire, there are 1 rental units.

What is the vacancy rate for rentals in Concord?

The rental vacancy rate in Concord is 3 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 Concord for each bedroom size?

Occupied Rental Units by Size in Concord
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
361 2,661 3,584 861 122
Occupied Rental Units by Size in Concord

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

Among renter households in this market, 41 percent have housing cost burden. Further, 18 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 Concord

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $972 to $1,900. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $972
One BR $1,086
Two BR $1,427
Three BR $1,877
Four BR $1,900
2024 Fair Market Rents in Concord, New Hampshire

How many units are rented at Fair Market Rent (FMR) in Concord?

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 200 55 percent
One BR 1,301 49 percent
Two BR 2,039 57 percent
Rental Units Below FMR in Concord, New Hampshire

How many affordable rental units are in Concord?

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

Federal Program Unit Count
Low Income Housing Tax Credit 417
Public Housing 262
Section 8 Project-Based Rental Assistance 468
Section 811 Supportive Housing for Persons with Disabilities 27
Tracked Units by Federal Program in Concord, New Hampshire

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

Income Based Apartments in Concord, New Hampshire

Concord features 668 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 Concord, New Hampshire

There are 388 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Concord.

Housing Choice Vouchers in Concord, New Hampshire

On average, Section 8 Housing Choice vouchers pay Concord landlords $700 per month towards rent. The average voucher holder contributes $500 towards rent in Concord.

The maximum amount a voucher would pay on behalf of a low-income tenant in Concord, New Hampshire for a two-bedroom apartment is between $1,284 and $1,570.

Sourced from federal housing data and AffordableHousingOnline.com research.