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

Discover affordable housing in Sanbornville where there are 2+ 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.

Branch River Commons

341 Meadow St, Sanbornville, New Hampshire 03872

Wakefield Acres

105 Witchtrot Rd, Sanbornville, New Hampshire 03872

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sanbornville, New Hampshire
$23.50/hour
$16.25 (+224%) more than New Hampshire minimum wage and $16.25 (+224%) more than the Federal minimum wage.
Learn More About Sanbornville, New Hampshire Affordable Housing ↓

How many renters live in Sanbornville, New Hampshire?

The City of Sanbornville has 919 people living in 444 households.

There are 169 renters living in 81 renter households in this City. Renters make up 18.39 percent of the population living in Sanbornville.

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

There are an estimated 487 housing units in the Sanbornville area. Of these, 81 units are rental homes, making up 17 percent of the housing market. For every renter household in Sanbornville, New Hampshire, there are 1 rental units.

What is the vacancy rate for rentals in Sanbornville?

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

Occupied Rental Units by Size in Sanbornville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 61 20 0 0
Occupied Rental Units by Size in Sanbornville

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

Among renter households in this market, 79 percent have housing cost burden. Further, 0 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 Sanbornville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $866 to $2,097. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $866
One BR $1,009
Two BR $1,241
Three BR $1,664
Four BR $2,097
2024 Fair Market Rents in Sanbornville, New Hampshire

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

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 61 100 percent
Two BR 10 50 percent
Rental Units Below FMR in Sanbornville, New Hampshire

How many affordable rental units are in Sanbornville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
Section 8 Project-Based Rental Assistance 18
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Sanbornville, New Hampshire

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

Income Based Apartments in Sanbornville, New Hampshire

Sanbornville features 42 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 Sanbornville, New Hampshire

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sanbornville.

Housing Choice Vouchers in Sanbornville, New Hampshire

On average, Section 8 Housing Choice vouchers pay Sanbornville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sanbornville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Sanbornville, New Hampshire for a two-bedroom apartment is between $1,117 and $1,365.

Sourced from federal housing data and AffordableHousingOnline.com research.