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

Discover affordable housing in Silverthorne where there are 2+ 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.

Villa Sierra Madre

1081 Adams St, Silverthorne, Colorado 80498

Blue River Apartments

1251 Adams Ave, Silverthorne, Colorado 80498

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Silverthorne, Colorado
$42.05/hour
$27.63 (+192%) more than Colorado minimum wage and $34.80 (+480%) more than the Federal minimum wage.
Learn More About Silverthorne, Colorado Affordable Housing ↓

How many renters live in Silverthorne, Colorado?

The City of Silverthorne has 4,550 people living in 2,056 households.

There are 1,149 renters living in 390 renter households in this City. Renters make up 25.25 percent of the population living in Silverthorne.

What is the rental market like in Silverthorne, Colorado?

There are an estimated 2,954 housing units in the Silverthorne area. Of these, 460 units are rental homes, making up 16 percent of the housing market. For every renter household in Silverthorne, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Silverthorne?

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

Occupied Rental Units by Size in Silverthorne
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
24 90 116 160 0
Occupied Rental Units by Size in Silverthorne

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

Among renter households in this market, 56 percent have housing cost burden. Further, 29 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 Silverthorne

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,551 to $3,650. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,551
One BR $1,690
Two BR $2,220
Three BR $3,128
Four BR $3,650
2024 Fair Market Rents in Silverthorne, Colorado

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

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 0 100 percent
One BR 56 62 percent
Two BR 0 100 percent
Rental Units Below FMR in Silverthorne, Colorado

How many affordable rental units are in Silverthorne?

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

Federal Program Unit Count
Low Income Housing Tax Credit 203
Tracked Units by Federal Program in Silverthorne, Colorado

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

Income Based Apartments in Silverthorne, Colorado

Silverthorne features 0 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 Silverthorne, Colorado

There are 139 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Silverthorne.

Housing Choice Vouchers in Silverthorne, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Silverthorne, Colorado for a two-bedroom apartment is between $1,998 and $2,442.

Sourced from federal housing data and AffordableHousingOnline.com research.