How many renters live in Hillsborough County, New Hampshire?
The County of Hillsborough County has 426,594 people living in 167,816 households.
There are 116,981 renters living in 53,056 renter households in this County. Renters make up 27.42 percent of the population living in Hillsborough County.
What is the rental market like in Hillsborough County, New Hampshire?
There are an estimated 175,630 housing units in the Hillsborough County area. Of these, 57,055 units are rental homes, making up 32 percent of the housing market. For every renter household in Hillsborough County, New Hampshire, there are 1 rental units.
What is the vacancy rate for rentals in Hillsborough County?
The rental vacancy rate in Hillsborough County 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 Hillsborough County for each bedroom size?
Occupied Rental Units by Size in Hillsborough County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 1,646 | 15,099 | 24,973 | 8,492 | 2,301 |
Occupied Rental Units by Size in Hillsborough County
A large number of apartments in Hillsborough 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 Hillsborough County are overburdened by housing costs?
Among renter households in this market, 47 percent have housing cost burden. Further, 21 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 many units are rented at Fair Market Rent (FMR) in Hillsborough 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 | 0 | 100 percent |
| One BR | 0 | 100 percent |
| Two BR | 0 | 100 percent |
Rental Units Below FMR in Hillsborough County, New Hampshire
How many affordable rental units are in Hillsborough County?
There are a variety of federal affordable housing programs serving households in Hillsborough County, New Hampshire including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 2,995 |
| Public Housing | 1,783 |
| Section 8 Project-Based Rental Assistance | 1,418 |
| Mod Rehab Project-Based Rental Assistance | 20 |
| Section 202 Supportive Housing for the Elderly | 395 |
| Section 811 Supportive Housing for Persons with Disabilities | 5 |
| USDA Section 515 Rural Rental Housing | 311 |
Tracked Units by Federal Program in Hillsborough County, New Hampshire
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Hillsborough County, New Hampshire
Hillsborough County features 5,027 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 Hillsborough County, New Hampshire
There are 2,474 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hillsborough County.
Housing Choice Vouchers in Hillsborough County, New Hampshire
On average, Section 8 Housing Choice vouchers pay Hillsborough County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Hillsborough County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hillsborough County, New Hampshire for a two-bedroom apartment is between $0 and $0.
Sourced from federal housing data and AffordableHousingOnline.com research.
