How many renters live in Blue River, Colorado?
The City of Blue River has people living in households.
There are renters living in renter households in this City. Renters make up 28.19 percent of the population living in Blue River.
What is the rental market like in Blue River, Colorado?
There are an estimated housing units in the Blue River area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Blue River, Colorado, there are 1.41 rental units.
What is the vacancy rate for rentals in Blue River?
The rental vacancy rate in Blue River is 29 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 Blue River for each bedroom size?
Occupied Rental Units by Size in Blue River
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 7 | 5 | 49 | 13 |
Occupied Rental Units by Size in Blue River
A large number of apartments in Blue River have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Blue River?
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 |
One BR | 7 | 100 percent |
Two BR | 0 | 100 percent |
Rental Units Below FMR in Blue River, Colorado
How many affordable rental units are in Blue River?
Income Based Apartments in Blue River, Colorado
Blue River 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 Blue River, Colorado
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Blue River.
Housing Choice Vouchers in Blue River, Colorado
On average, Section 8 Housing Choice vouchers pay Blue River landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Blue River.
The maximum amount a voucher would pay on behalf of a low-income tenant in Blue River, Colorado for a two-bedroom apartment is between $1,998 and $2,442.
Sourced from federal housing data and AffordableHousingOnline.com research.