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

Discover affordable housing in Telluride 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.

Meadow Run Apartments

330 Adams Ranch Rd, Telluride, Colorado 81435

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Telluride, Colorado
$36.67/hour
$22.25 (+154%) more than Colorado minimum wage and $29.42 (+406%) more than the Federal minimum wage.
Learn More About Telluride, Colorado Affordable Housing ↓

What HUD offices serve Telluride, 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) programs for Telluride, Colorado.

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

How many renters live in Telluride, Colorado?

The City of Telluride has 2,622 people living in 1,250 households.

There are 1,212 renters living in 518 renter households in this City. Renters make up 46.22 percent of the population living in Telluride.

What is the rental market like in Telluride, Colorado?

There are an estimated 2,336 housing units in the Telluride area. Of these, 643 units are rental homes, making up 28 percent of the housing market. For every renter household in Telluride, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Telluride?

The rental vacancy rate in Telluride is 19 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 Telluride for each bedroom size?

Occupied Rental Units by Size in Telluride
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
179 53 131 79 43
Occupied Rental Units by Size in Telluride

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

Among renter households in this market, 45 percent have housing cost burden. Further, 34 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 Telluride

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,312 to $3,117. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,312
One BR $1,473
Two BR $1,936
Three BR $2,341
Four BR $3,117
2024 Fair Market Rents in Telluride, Colorado

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

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 10 6 percent
One BR 33 62 percent
Two BR 28 21 percent
Rental Units Below FMR in Telluride, Colorado

How many affordable rental units are in Telluride?

Income Based Apartments in Telluride, Colorado

Telluride 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 Telluride, Colorado

There are 150 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Telluride.

Housing Choice Vouchers in Telluride, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Telluride, Colorado for a two-bedroom apartment is between $1,742 and $2,130.

Sourced from federal housing data and AffordableHousingOnline.com research.