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

Discover affordable housing in Lebanon where there are 9+ 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.

Rivermere Community Housing

22 Tannery Ln, Lebanon, New Hampshire 03766

Tracy Community Housing

14 Tracy St, Lebanon, New Hampshire 03784

Heater Landing

258 Heater Rd, Lebanon, New Hampshire 03766

Upper Valley

420 Mount Support Rd, Lebanon, New Hampshire 03766

Quail Hollow Senior Living

7 Quail Hollow Drive, Lebanon, New Hampshire 03784

Quail Phase II

365 N Main St, Lebanon, New Hampshire 03784

Mascoma Village

Hanover and High Stree, Lebanon, New Hampshire

39 N Park St

39 N Park St, Lebanon, New Hampshire 03766

Spencer Square

2 Spencer St, Lebanon, New Hampshire 03766

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lebanon, New Hampshire
$24.91/hour
$17.66 (+244%) more than New Hampshire minimum wage and $17.66 (+244%) more than the Federal minimum wage.
Learn More About Lebanon, New Hampshire Affordable Housing ↓

What HUD offices serve Lebanon, 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 Lebanon, New Hampshire.

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

How many renters live in Lebanon, New Hampshire?

The City of Lebanon has 14,515 people living in 6,099 households.

There are 5,407 renters living in 2,909 renter households in this City. Renters make up 37.25 percent of the population living in Lebanon.

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

There are an estimated 7,258 housing units in the Lebanon area. Of these, 3,112 units are rental homes, making up 43 percent of the housing market. For every renter household in Lebanon, New Hampshire, there are 1 rental units.

What is the vacancy rate for rentals in Lebanon?

The rental vacancy rate in Lebanon is 5 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 Lebanon for each bedroom size?

Occupied Rental Units by Size in Lebanon
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
189 953 1,525 177 50
Occupied Rental Units by Size in Lebanon

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

Among renter households in this market, 41 percent have housing cost burden. Further, 22 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 Lebanon

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 Lebanon, New Hampshire

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

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 104 55 percent
One BR 177 19 percent
Two BR 316 21 percent
Rental Units Below FMR in Lebanon, New Hampshire

How many affordable rental units are in Lebanon?

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

Federal Program Unit Count
Low Income Housing Tax Credit 223
Public Housing 166
USDA Section 515 Rural Rental Housing 158
Tracked Units by Federal Program in Lebanon, New Hampshire

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

Income Based Apartments in Lebanon, New Hampshire

Lebanon features 224 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 Lebanon, New Hampshire

There are 251 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lebanon.

Housing Choice Vouchers in Lebanon, New Hampshire

On average, Section 8 Housing Choice vouchers pay Lebanon landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Lebanon.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lebanon, New Hampshire for a two-bedroom apartment is between $1,184 and $1,447.

Sourced from federal housing data and AffordableHousingOnline.com research.