Low Income Apartments and Affordable Housing For Rent in Hinsdale County, CO

Discover affordable housing in Hinsdale County where there are 0+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hinsdale County, Colorado
$21.53/hour
$7.11 (+49%) more than Colorado minimum wage and $14.28 (+197%) more than the Federal minimum wage.
Learn More About Hinsdale County, Colorado Affordable Housing ↓

How many renters live in Hinsdale County, Colorado?

The County of Hinsdale County has 911 people living in 478 households.

There are 209 renters living in 106 renter households in this County. Renters make up 22.94 percent of the population living in Hinsdale County.

What is the rental market like in Hinsdale County, Colorado?

There are an estimated 1,406 housing units in the Hinsdale County area. Of these, 140 units are rental homes, making up 10 percent of the housing market. For every renter household in Hinsdale County, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Hinsdale County?

The rental vacancy rate in Hinsdale County is 24 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 Hinsdale County for each bedroom size?

Occupied Rental Units by Size in Hinsdale County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 16 67 20 3
Occupied Rental Units by Size in Hinsdale County

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

Among renter households in this market, 25 percent have housing cost burden. Further, 4 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 Hinsdale County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $893 to $1,831. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $893
One BR $928
Two BR $1,137
Three BR $1,461
Four BR $1,831
2024 Fair Market Rents in Hinsdale County, Colorado

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

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 15 94 percent
Two BR 38 57 percent
Rental Units Below FMR in Hinsdale County, Colorado

How many affordable rental units are in Hinsdale County?

Income Based Apartments in Hinsdale County, Colorado

Hinsdale County 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 Hinsdale County, Colorado

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hinsdale County.

Housing Choice Vouchers in Hinsdale County, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hinsdale County, Colorado for a two-bedroom apartment is between $1,023 and $1,251.

Sourced from federal housing data and AffordableHousingOnline.com research.