Low Income Apartments and Affordable Housing For Rent in Kremmling, CO

Discover affordable housing in Kremmling 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.

Silver Spruce Apartments

106 S 6th St, Kremmling, Colorado 80459

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kremmling, Colorado
$25.23/hour
$10.81 (+75%) more than Colorado minimum wage and $17.98 (+248%) more than the Federal minimum wage.
Learn More About Kremmling, Colorado Affordable Housing ↓

What HUD offices serve Kremmling, Colorado?

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Section 8 Project-Based Rental Assistance (PBRA) programs for Kremmling, Colorado.

Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Kremmling.

How many renters live in Kremmling, Colorado?

The City of Kremmling has 1,779 people living in 610 households.

There are 289 renters living in 158 renter households in this City. Renters make up 16.25 percent of the population living in Kremmling.

What is the rental market like in Kremmling, Colorado?

There are an estimated 695 housing units in the Kremmling area. Of these, 170 units are rental homes, making up 24 percent of the housing market. For every renter household in Kremmling, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Kremmling?

The rental vacancy rate in Kremmling is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Kremmling for each bedroom size?

Occupied Rental Units by Size in Kremmling
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
38 12 81 6 21
Occupied Rental Units by Size in Kremmling

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

Among renter households in this market, 46 percent have housing cost burden. Further, 23 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 Kremmling

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,080 to $2,260. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,080
One BR $1,186
Two BR $1,332
Three BR $1,647
Four BR $2,260
2024 Fair Market Rents in Kremmling, Colorado

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

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 1 3 percent
One BR 12 100 percent
Two BR 63 78 percent
Rental Units Below FMR in Kremmling, Colorado

How many affordable rental units are in Kremmling?

There are a variety of federal affordable housing programs serving households in Kremmling, Colorado including the following:

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 20
Tracked Units by Federal Program in Kremmling, Colorado

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

Income Based Apartments in Kremmling, Colorado

Kremmling features 20 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 Kremmling, Colorado

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

Housing Choice Vouchers in Kremmling, Colorado

On average, Section 8 Housing Choice vouchers pay Kremmling landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Kremmling.

The maximum amount a voucher would pay on behalf of a low-income tenant in Kremmling, Colorado for a two-bedroom apartment is between $1,199 and $1,465.

Sourced from federal housing data and AffordableHousingOnline.com research.