How many renters live in Contoocook, New Hampshire?
The City of Contoocook has people living in households.
There are renters living in renter households in this City. Renters make up 9.27 percent of the population living in Contoocook.
What is the rental market like in Contoocook, New Hampshire?
There are an estimated housing units in the Contoocook area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Contoocook, New Hampshire, there are 1 rental units.
What is the vacancy rate for rentals in Contoocook?
The rental vacancy rate in Contoocook 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 Contoocook for each bedroom size?
Occupied Rental Units by Size in Contoocook
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 33 | 38 | 1 | 0 | 0 |
Occupied Rental Units by Size in Contoocook
A large number of apartments in Contoocook 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 Contoocook
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 Contoocook, New Hampshire
How many units are rented at Fair Market Rent (FMR) in Contoocook?
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 | 29 | 88 percent |
| One BR | 7 | 18 percent |
| Two BR | 1 | 100 percent |
Rental Units Below FMR in Contoocook, New Hampshire
How many affordable rental units are in Contoocook?
There are a variety of federal affordable housing programs serving households in Contoocook, New Hampshire including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Contoocook, New Hampshire
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Contoocook, New Hampshire
Contoocook 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 Contoocook, New Hampshire
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Contoocook.
Housing Choice Vouchers in Contoocook, New Hampshire
On average, Section 8 Housing Choice vouchers pay Contoocook landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Contoocook.
The maximum amount a voucher would pay on behalf of a low-income tenant in Contoocook, New Hampshire for a two-bedroom apartment is between $1,284 and $1,570.
Sourced from federal housing data and AffordableHousingOnline.com research.