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

Discover affordable housing in Milford where there are 7+ 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.

Milford Mill

40 Bridge St, Milford, New Hampshire 03055

bed 1
payment Subsidized
accessibility Accessible

Milford Trails Apartments and Storage

90 Powers St, Milford, New Hampshire 03055

bed 2
payment $1873/mo.

99 Powers St Unit 132

99 Powers St Unit 132, Milford, New Hampshire 03055

bed 2
payment $1873/mo.

99 Powers St Unit 146

99 Powers St Unit 146, Milford, New Hampshire 03055

bed 2
payment $1873/mo.

Pine Valley Lofts

37 WILTON ROAD, Milford, New Hampshire 03055

bed 1-2
payment $847-1062/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Granite Square

161 Bridge St, Milford, New Hampshire 03055

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Beechbrook

80 Adams St, Milford, New Hampshire 03055

payment Subsidized

How To Identify Affordable Housing in Milford, 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 Milford, New Hampshire
$37.05/hour
$29.80 (+411%) more than New Hampshire minimum wage and $29.80 (+411%) more than the Federal minimum wage.
Learn More About Milford, New Hampshire Affordable Housing ↓

How many renters live in Milford, New Hampshire?

The City of Milford has people living in households.

There are renters living in renter households in this City. Renters make up 37.26 percent of the population living in Milford.

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

There are an estimated housing units in the Milford area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Milford, New Hampshire, there are 1.07 rental units.

What is the vacancy rate for rentals in Milford?

The rental vacancy rate in Milford 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 Milford for each bedroom size?

Occupied Rental Units by Size in Milford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
112 574 747 165 0
Occupied Rental Units by Size in Milford

A large number of apartments in Milford 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 Milford

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,326 to $2,737. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,326
One BR $1,489
Two BR $1,956
Three BR $2,528
Four BR $2,737
2024 Fair Market Rents in Milford, New Hampshire

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

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 77 69 percent
One BR 537 94 percent
Two BR 272 36 percent
Rental Units Below FMR in Milford, New Hampshire

How many affordable rental units are in Milford?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Milford, New Hampshire

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

Income Based Apartments in Milford, New Hampshire

Milford features 164 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 Milford, New Hampshire

There are 45 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Milford.

Housing Choice Vouchers in Milford, New Hampshire

On average, Section 8 Housing Choice vouchers pay Milford landlords $800 per month towards rent. The average voucher holder contributes $500 towards rent in Milford.

The maximum amount a voucher would pay on behalf of a low-income tenant in Milford, New Hampshire for a two-bedroom apartment is between $1,760 and $2,152.

Sourced from federal housing data and AffordableHousingOnline.com research.

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