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

Discover affordable housing in Manchester where there are 73+ 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.

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Manchester, 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.
calendar_today Opened: Jun 28
Open Until Further Notice
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Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Manchester, New Hampshire
$33.54/hour
$26.29 (+363%) more than New Hampshire minimum wage and $26.29 (+363%) more than the Federal minimum wage.
Learn More About Manchester, New Hampshire Affordable Housing ↓

What HUD offices serve Manchester, 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 Manchester, New Hampshire.

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

How many renters live in Manchester, New Hampshire?

The City of Manchester has people living in households.

There are renters living in renter households in this City. Renters make up 45.07 percent of the population living in Manchester.

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

There are an estimated housing units in the Manchester area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Manchester, New Hampshire, there are 1.14 rental units.

What is the vacancy rate for rentals in Manchester?

The rental vacancy rate in Manchester is 4 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 Manchester for each bedroom size?

Occupied Rental Units by Size in Manchester
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
703 7,383 10,925 4,710 1,061
Occupied Rental Units by Size in Manchester

A large number of apartments in Manchester 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 Manchester

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,200 to $2,361. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,200
One BR $1,348
Two BR $1,771
Three BR $2,141
Four BR $2,361
2024 Fair Market Rents in Manchester, New Hampshire

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

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 521 74 percent
One BR 5,246 71 percent
Two BR 5,793 53 percent
Rental Units Below FMR in Manchester, New Hampshire

How many affordable rental units are in Manchester?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Manchester, New Hampshire

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

Income Based Apartments in Manchester, New Hampshire

Manchester features 2,587 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 Manchester, New Hampshire

There are 1,342 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Manchester.

Housing Choice Vouchers in Manchester, New Hampshire

On average, Section 8 Housing Choice vouchers pay Manchester landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Manchester.

The maximum amount a voucher would pay on behalf of a low-income tenant in Manchester, New Hampshire for a two-bedroom apartment is between $1,594 and $1,948.

Sourced from federal housing data and AffordableHousingOnline.com research.