How many renters live in Grafton County, New Hampshire?
The County of Grafton County has 91,126 people living in 37,847 households.
There are 24,446 renters living in 11,288 renter households in this County. Renters make up 26.83 percent of the population living in Grafton County.
What is the rental market like in Grafton County, New Hampshire?
There are an estimated 51,191 housing units in the Grafton County area. Of these, 11,024 units are rental homes, making up 22 percent of the housing market. For every renter household in Grafton County, New Hampshire, there are 1 rental units.
What is the vacancy rate for rentals in Grafton County?
The rental vacancy rate in Grafton County is 6 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 Grafton County for each bedroom size?
Occupied Rental Units by Size in Grafton County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 531 | 3,629 | 4,626 | 1,815 | 623 |
Occupied Rental Units by Size in Grafton County
A large number of apartments in Grafton 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 Grafton County are overburdened by housing costs?
Among renter households in this market, 40 percent have housing cost burden. Further, 19 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 Grafton County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $891 to $1,940. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $891 |
| One BR | $1,001 |
| Two BR | $1,315 |
| Three BR | $1,708 |
| Four BR | $1,940 |
2024 Fair Market Rents in Grafton County, New Hampshire
How many units are rented at Fair Market Rent (FMR) in Grafton 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 | 187 | 35 percent |
| One BR | 2,149 | 59 percent |
| Two BR | 1,958 | 42 percent |
Rental Units Below FMR in Grafton County, New Hampshire
How many affordable rental units are in Grafton County?
There are a variety of federal affordable housing programs serving households in Grafton County, New Hampshire including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 810 |
| Public Housing | 166 |
| Section 8 Project-Based Rental Assistance | 367 |
| Mod Rehab Project-Based Rental Assistance | 1 |
| Section 202 Supportive Housing for the Elderly | 119 |
| USDA Section 515 Rural Rental Housing | 480 |
Tracked Units by Federal Program in Grafton County, New Hampshire
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Grafton County, New Hampshire
Grafton County features 1,001 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 Grafton County, New Hampshire
There are 585 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grafton County.
Housing Choice Vouchers in Grafton County, New Hampshire
On average, Section 8 Housing Choice vouchers pay Grafton County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Grafton County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Grafton County, New Hampshire for a two-bedroom apartment is between $1,184 and $1,447.
Sourced from federal housing data and AffordableHousingOnline.com research.
