What HUD offices serve Norwich, Vermont?
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 Vermont Public Housing and Low-Income Apartments Waiting Lists page for openings near Norwich.
How many renters live in Norwich, Vermont?
The City of Norwich has 839 people living in 306 households.
There are 312 renters living in 117 renter households in this City. Renters make up 37.19 percent of the population living in Norwich.
What is the rental market like in Norwich, Vermont?
There are an estimated 328 housing units in the Norwich area. Of these, 117 units are rental homes, making up 36 percent of the housing market. For every renter household in Norwich, Vermont, there are 1 rental units.
What is the vacancy rate for rentals in Norwich?
The rental vacancy rate in Norwich 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 Norwich for each bedroom size?
Occupied Rental Units by Size in Norwich
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 24 | 28 | 40 | 9 | 8 |
Occupied Rental Units by Size in Norwich
A large number of apartments in Norwich 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 Norwich are overburdened by housing costs?
Among renter households in this market, 9 percent have housing cost burden. Further, 9 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 Norwich
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,039 to $1,731. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,039 |
| One BR | $1,136 |
| Two BR | $1,300 |
| Three BR | $1,725 |
| Four BR | $1,731 |
2024 Fair Market Rents in Norwich, Vermont
How many units are rented at Fair Market Rent (FMR) in Norwich?
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 | 24 | 100 percent |
| One BR | 26 | 93 percent |
| Two BR | 11 | 28 percent |
Rental Units Below FMR in Norwich, Vermont
How many affordable rental units are in Norwich?
There are a variety of federal affordable housing programs serving households in Norwich, Vermont including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 24 |
Tracked Units by Federal Program in Norwich, Vermont
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Norwich, Vermont
Norwich features 24 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 Norwich, Vermont
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Norwich.
Housing Choice Vouchers in Norwich, Vermont
On average, Section 8 Housing Choice vouchers pay Norwich landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Norwich.
The maximum amount a voucher would pay on behalf of a low-income tenant in Norwich, Vermont for a two-bedroom apartment is between $1,170 and $1,430.
Sourced from federal housing data and AffordableHousingOnline.com research.
