About This Property
Franklin Village is an affordable housing community in Derry, NH offering 132 units, with 98 designated as low-income housing. The property, placed in service in 1997, includes 2 studio units, 17 one-bedroom units, and 113 two-bedroom units.
Waitlist Information
Waitlist managed by Derry Housing & Redevelopment Authority
No current information found regarding preferences or restrictions specifically for the general Public Housing waitlist, beyond serving low/moderate income, elderly, and disabled individuals.
The HCV waitlist is currently closed with approximately 226 applicants and an estimated 4-year wait; preferences are given to Derry residents, honorably discharged veterans, and victims of domestic violence.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Rockingham County, NH
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,299 |
| 1 Bedroom | $1,483 |
| 2 Bedroom | $1,917 |
| 3 Bedroom | $2,329 |
| 4 Bedroom | $2,553 |
Income Limits - Rockingham County, NH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,600
- Very Low (50%)
- $36,050
- Low (80%)
- $55,950
- Extremely Low (30%)
- $24,700
- Very Low (50%)
- $41,200
- Low (80%)
- $63,950
- Extremely Low (30%)
- $27,800
- Very Low (50%)
- $46,350
- Low (80%)
- $71,950
- Extremely Low (30%)
- $30,850
- Very Low (50%)
- $51,450
- Low (80%)
- $79,900
- Extremely Low (30%)
- $33,350
- Very Low (50%)
- $55,600
- Low (80%)
- $86,300
- Extremely Low (30%)
- $35,800
- Very Low (50%)
- $59,700
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $63,800
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $67,950
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,600 | $36,050 | $55,950 |
| 2 Persons | $24,700 | $41,200 | $63,950 |
| 3 Persons | $27,800 | $46,350 | $71,950 |
| 4 Persons | $30,850 | $51,450 | $79,900 |
| 5 Persons | $33,350 | $55,600 | $86,300 |
| 6 Persons | $35,800 | $59,700 | $92,700 |
| 7 Persons | $40,120 | $63,800 | $99,100 |
| 8 Persons | $44,660 | $67,950 | $105,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Derry, NH?+
The Fair Market Rent (FMR) for Rockingham County, NH is: $1299 (Studio), $1483 (1BR), $1917 (2BR), $2329 (3BR), $2553 (4BR). Actual rent at subsidized properties like Franklin Village is typically 30% of household income or less.
What size apartments are available at Franklin Village?+
Franklin Village offers the following unit types: 2 Studio, 17 One-Bedroom, 113 Two-Bedroom units, for a total of 132 units.
What is the price range for apartments in Derry, NH?+
Based on Fair Market Rent for Rockingham County, the estimated price range is: 1-bedroom: $1483, 2-bedroom: $1917. Actual rent at Franklin Village may be lower for income-eligible households.
Who manages Franklin Village?+
Franklin Village is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Franklin Village?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Rockingham County, NH?+
For a 4-person household in Rockingham County, NH, the income limits are: Extremely Low Income (30% AMI): $30,850, Very Low Income (50% AMI): $51,450, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
How do I apply for housing at Franklin Village?+
Franklin Village is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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