Low Income Apartments and Affordable Housing For Rent in Crested Butte, CO

Discover affordable housing in Crested Butte 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.

Anthracite Place Apartments

513 Belleview Ave, Crested Butte, Colorado 81224

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Crested Butte, Colorado

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Crested Butte, Colorado
$27.84/hour
$13.42 (+93%) more than Colorado minimum wage and $20.59 (+284%) more than the Federal minimum wage.
Learn More About Crested Butte, Colorado Affordable Housing ↓

What HUD offices serve Crested Butte, 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 Crested Butte, Colorado.

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

How many renters live in Crested Butte, Colorado?

The City of Crested Butte has people living in households.

There are renters living in renter households in this City. Renters make up 35.7 percent of the population living in Crested Butte.

What is the rental market like in Crested Butte, Colorado?

There are an estimated housing units in the Crested Butte area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Crested Butte, Colorado, there are 1.19 rental units.

What is the vacancy rate for rentals in Crested Butte?

The rental vacancy rate in Crested Butte is 16 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 Crested Butte for each bedroom size?

Occupied Rental Units by Size in Crested Butte
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
40 110 172 30 0
Occupied Rental Units by Size in Crested Butte

A large number of apartments in Crested Butte have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Crested Butte

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,111 to $2,495. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,111
One BR $1,119
Two BR $1,470
Three BR $2,016
Four BR $2,495
2024 Fair Market Rents in Crested Butte, Colorado

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

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 9 23 percent
One BR 43 39 percent
Two BR 26 15 percent
Rental Units Below FMR in Crested Butte, Colorado

How many affordable rental units are in Crested Butte?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Tracked Units by Federal Program in Crested Butte, Colorado

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

Income Based Apartments in Crested Butte, Colorado

Crested Butte 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 Crested Butte, Colorado

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Crested Butte.

Housing Choice Vouchers in Crested Butte, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Crested Butte, Colorado for a two-bedroom apartment is between $1,323 and $1,617.

Sourced from federal housing data and AffordableHousingOnline.com research.

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