Affordable Housing In Gunnison County
3 Low Income Apartment Communities In Gunnison County
Housing Authorities that serve Gunnison County
|Gunnison Valley Regional Housing Authority||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Gunnison County, Colorado
There are 3 low income housing apartment communities offering 94 affordable apartments for rent in Gunnison County, Colorado.
Income Based Apartments in Gunnison County, Colorado
Gunnison County features 28 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 Gunnison County, Colorado
There are 66 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gunnison County.
Housing Choice Vouchers in Gunnison County, Colorado
On average, Section 8 Housing Choice vouchers pay Gunnison County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Gunnison County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Gunnison County, Colorado for a two-bedroom apartment is between $911 and $1,113.
2021 Gunnison County, Colorado Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Gunnison County, Colorado Fair Market Rent||$820||$825||$1,012||$1,448||$1,752|
|Gunnison County, Colorado Payment Standard Range||$738 to $902||$743 to $908||$911 to $1,113||$1,303 to $1,593||$1,577 to $1,927|
Sourced from federal housing data and AffordableHousingOnline.com research.
Gunnison County, CO Affordable Housing Snapshot
|Total Affordable Apartment Properties||3|
|Total Low Income Apartments||94|
|Total Housing Units with Rental Assistance||28|
|Percentage of Housing Units Occupied By Renters||40.69%|
|Average Renter Household Size||2.37|
|Average Household Size||2.34|
|Median Household Income||$48,071 ±$3,928|
|Median Rent||$903 ±$68|
|Percentage Of Renters Overburdened||53.67% ± 9.57pp|
Population and Household Demographics
Gunnison County is a county in Colorado with a population of 15,651. There are 6,287 households in the county with an average household size of 2.34 persons. 40.69% of households in Gunnison County are renters.
Income and Rent Overburden in Gunnison County
The median gross income for households in Gunnison County is $48,071 a year, or $4,006 a month. The median rent for the county is $903 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gunnison County, a household making less than $3,010 a month would be considered overburdened when renting an apartment at or above the median rent. 53.67% of households who rent are overburdened in Gunnison County.
Area Median Income In Gunnison County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Gunnison County, HUD calculates the Area Median Income for a family of four as $75,400
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Gunnison County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in Gunnison County
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Gunnison County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Gunnison County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Gunnison County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Gunnison County
Select A City to View its Apartment Communities and Waiting Lists.
|Crested Butte||The HUD funded Public Housing Agency that serves Crested Butte is the Gunnison Valley Regional Housing Authority.|
|Gunnison||The HUD funded Public Housing Agency that serves Gunnison is the Gunnison Valley Regional Housing Authority.|
|Marble||The HUD funded Public Housing Agency that serves Marble is the Gunnison Valley Regional Housing Authority.|
|Mount Crested Butte||The HUD funded Public Housing Agency that serves Mount Crested Butte is the Gunnison Valley Regional Housing Authority.|
|Pitkin||The HUD funded Public Housing Agency that serves Pitkin is the Gunnison Valley Regional Housing Authority.|