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

Discover affordable housing in Gorham where there are 2+ 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.

Promenade Court

Wilson St, Gorham, New Hampshire 03581

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Birch Grove

51 Glen Rd, Gorham, New Hampshire 03581

payment Subsidized

How To Identify Affordable Housing in Gorham, New Hampshire

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Gorham, New Hampshire
$18.18/hour
$10.93 (+151%) more than New Hampshire minimum wage and $10.93 (+151%) more than the Federal minimum wage.
Learn More About Gorham, New Hampshire Affordable Housing ↓

How many renters live in Gorham, New Hampshire?

The City of Gorham has people living in households.

There are renters living in renter households in this City. Renters make up 21.44 percent of the population living in Gorham.

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

There are an estimated housing units in the Gorham area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Gorham, New Hampshire, there are 1.16 rental units.

What is the vacancy rate for rentals in Gorham?

The rental vacancy rate in Gorham is 14 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Gorham for each bedroom size?

Occupied Rental Units by Size in Gorham
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 98 188 18 0
Occupied Rental Units by Size in Gorham

A large number of apartments in Gorham 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 Gorham

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $654 to $1,280. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $654
One BR $748
Two BR $960
Three BR $1,275
Four BR $1,280
2024 Fair Market Rents in Gorham, New Hampshire

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

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 85 87 percent
Two BR 93 49 percent
Rental Units Below FMR in Gorham, New Hampshire

How many affordable rental units are in Gorham?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Gorham, New Hampshire

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

Income Based Apartments in Gorham, New Hampshire

Gorham features 68 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 Gorham, New Hampshire

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gorham.

Housing Choice Vouchers in Gorham, New Hampshire

On average, Section 8 Housing Choice vouchers pay Gorham landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Gorham.

The maximum amount a voucher would pay on behalf of a low-income tenant in Gorham, New Hampshire for a two-bedroom apartment is between $864 and $1,056.

Sourced from federal housing data and AffordableHousingOnline.com research.