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

Discover affordable housing in Wilton where there are 1+ 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.

Edgewater Estates CO S - K Management

5 Howard St, Wilton, New Hampshire 03086

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wilton, 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 Wilton, New Hampshire Affordable Housing ↓

How many renters live in Wilton, New Hampshire?

The City of Wilton has 1,333 people living in 676 households.

There are 322 renters living in 183 renter households in this City. Renters make up 24.16 percent of the population living in Wilton.

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

There are an estimated 733 housing units in the Wilton area. Of these, 205 units are rental homes, making up 28 percent of the housing market. For every renter household in Wilton, New Hampshire, there are 1 rental units.

What is the vacancy rate for rentals in Wilton?

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

Occupied Rental Units by Size in Wilton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
45 32 60 34 12
Occupied Rental Units by Size in Wilton

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

Among renter households in this market, 25 percent have housing cost burden. Further, 25 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 Wilton

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 Wilton, New Hampshire

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

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 20 44 percent
One BR 32 100 percent
Two BR 60 100 percent
Rental Units Below FMR in Wilton, New Hampshire

How many affordable rental units are in Wilton?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 33
Tracked Units by Federal Program in Wilton, New Hampshire

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

Income Based Apartments in Wilton, New Hampshire

Wilton features 33 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 Wilton, New Hampshire

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

Housing Choice Vouchers in Wilton, New Hampshire

On average, Section 8 Housing Choice vouchers pay Wilton landlords $800 per month towards rent. The average voucher holder contributes $700 towards rent in Wilton.

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

Sourced from federal housing data and AffordableHousingOnline.com research.