How many renters live in Georgetown, Colorado?
The City of Georgetown has people living in households.
There are renters living in renter households in this City. Renters make up 30.25 percent of the population living in Georgetown.
What is the rental market like in Georgetown, Colorado?
There are an estimated housing units in the Georgetown area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Georgetown, Colorado, there are 1.06 rental units.
What is the vacancy rate for rentals in Georgetown?
The rental vacancy rate in Georgetown is 6 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 Georgetown for each bedroom size?
Occupied Rental Units by Size in Georgetown
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 6 | 56 | 110 | 27 | 0 |
Occupied Rental Units by Size in Georgetown
A large number of apartments in Georgetown 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 Georgetown
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,658 to $3,225. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,658 |
| One BR | $1,835 |
| Two BR | $2,201 |
| Three BR | $2,874 |
| Four BR | $3,225 |
2024 Fair Market Rents in Georgetown, Colorado
How many units are rented at Fair Market Rent (FMR) in Georgetown?
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 | 6 | 100 percent |
| One BR | 33 | 59 percent |
| Two BR | 91 | 83 percent |
Rental Units Below FMR in Georgetown, Colorado
How many affordable rental units are in Georgetown?
Income Based Apartments in Georgetown, Colorado
Georgetown 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 Georgetown, Colorado
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Georgetown.
Housing Choice Vouchers in Georgetown, Colorado
On average, Section 8 Housing Choice vouchers pay Georgetown landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Georgetown.
The maximum amount a voucher would pay on behalf of a low-income tenant in Georgetown, Colorado for a two-bedroom apartment is between $1,981 and $2,421.
Sourced from federal housing data and AffordableHousingOnline.com research.