How many renters live in North Woodstock, New Hampshire?
The City of North Woodstock has 532 people living in 240 households.
There are 64 renters living in 61 renter households in this City. Renters make up 12.03 percent of the population living in North Woodstock.
What is the rental market like in North Woodstock, New Hampshire?
There are an estimated 855 housing units in the North Woodstock area. Of these, 61 units are rental homes, making up 7 percent of the housing market. For every renter household in North Woodstock, New Hampshire, there are 1 rental units.
What is the vacancy rate for rentals in North Woodstock?
The rental vacancy rate in North Woodstock is 0 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 North Woodstock for each bedroom size?
Occupied Rental Units by Size in North Woodstock
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 36 | 14 | 3 | 8 |
Occupied Rental Units by Size in North Woodstock
A large number of apartments in North Woodstock 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 North Woodstock are overburdened by housing costs?
Among renter households in this market, 46 percent have housing cost burden. Further, 28 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 North Woodstock
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 North Woodstock, New Hampshire
How many units are rented at Fair Market Rent (FMR) in North Woodstock?
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 |
| One BR | 36 | 100 percent |
| Two BR | 14 | 100 percent |
Rental Units Below FMR in North Woodstock, New Hampshire
How many affordable rental units are in North Woodstock?
There are a variety of federal affordable housing programs serving households in North Woodstock, New Hampshire including the following:
| Federal Program | Unit Count |
| Section 202 Supportive Housing for the Elderly | 16 |
Tracked Units by Federal Program in North Woodstock, New Hampshire
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in North Woodstock, New Hampshire
North Woodstock features 16 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 North Woodstock, New Hampshire
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Woodstock.
Housing Choice Vouchers in North Woodstock, New Hampshire
On average, Section 8 Housing Choice vouchers pay North Woodstock landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in North Woodstock.
The maximum amount a voucher would pay on behalf of a low-income tenant in North Woodstock, New Hampshire for a two-bedroom apartment is between $1,184 and $1,447.
Sourced from federal housing data and AffordableHousingOnline.com research.
