What HUD offices serve West Swanzey, 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.
Go to the New Hampshire Public Housing and Low-Income Apartments Waiting Lists page for openings near West Swanzey.
How many renters live in West Swanzey, New Hampshire?
The City of West Swanzey has 1,200 people living in 565 households.
There are 739 renters living in 349 renter households in this City. Renters make up 61.58 percent of the population living in West Swanzey.
What is the rental market like in West Swanzey, New Hampshire?
There are an estimated 565 housing units in the West Swanzey area. Of these, 349 units are rental homes, making up 62 percent of the housing market. For every renter household in West Swanzey, New Hampshire, there are 1 rental units.
What is the vacancy rate for rentals in West Swanzey?
The rental vacancy rate in West Swanzey 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 West Swanzey for each bedroom size?
Occupied Rental Units by Size in West Swanzey
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 94 | 195 | 60 | 0 |
Occupied Rental Units by Size in West Swanzey
A large number of apartments in West Swanzey 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 West Swanzey are overburdened by housing costs?
Among renter households in this market, 55 percent have housing cost burden. Further, 27 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 West Swanzey
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $945 to $1,888. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $945 |
| One BR | $1,061 |
| Two BR | $1,394 |
| Three BR | $1,833 |
| Four BR | $1,888 |
2024 Fair Market Rents in West Swanzey, New Hampshire
How many units are rented at Fair Market Rent (FMR) in West Swanzey?
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 | 40 | 43 percent |
| Two BR | 57 | 29 percent |
Rental Units Below FMR in West Swanzey, New Hampshire
How many affordable rental units are in West Swanzey?
There are a variety of federal affordable housing programs serving households in West Swanzey, New Hampshire including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 42 |
| Section 8 Project-Based Rental Assistance | 35 |
| USDA Section 515 Rural Rental Housing | 32 |
Tracked Units by Federal Program in West Swanzey, New Hampshire
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in West Swanzey, New Hampshire
West Swanzey features 0 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 West Swanzey, New Hampshire
There are 18 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in West Swanzey.
Housing Choice Vouchers in West Swanzey, New Hampshire
On average, Section 8 Housing Choice vouchers pay West Swanzey landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in West Swanzey.
The maximum amount a voucher would pay on behalf of a low-income tenant in West Swanzey, New Hampshire for a two-bedroom apartment is between $1,255 and $1,533.
Sourced from federal housing data and AffordableHousingOnline.com research.
