Park Avenue Apartments

Park Avenue Apartments in Contoocook, NH is a rural rental housing community that participates in the USDA Section 515 program, offering affordable housing options for individuals and families with incomes at or below 80% of the Area Median Income. With the possibility of rental assistance through the Section 521 program, residents earning 50% or less of the AMI may qualify for a subsidy that limits their rent payment to 30% of their income.

Owned and managed by private corporate owners or nonprofits, Park Avenue Apartments provides a range of units, although Section 515 properties often have smaller units, fewer amenities, and may be in lesser physical condition due to budget constraints. However, the property accepts Section 8 Housing Choice Vouchers and offers a potential solution for those in rural areas seeking affordable rental options.

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