How many renters live in Jackson County, Colorado?
The County of Jackson County has 1,440 people living in 645 households.
There are 272 renters living in 149 renter households in this County. Renters make up 18.89 percent of the population living in Jackson County.
What is the rental market like in Jackson County, Colorado?
There are an estimated 1,186 housing units in the Jackson County area. Of these, 204 units are rental homes, making up 17 percent of the housing market. For every renter household in Jackson County, Colorado, there are 1 rental units.
What is the vacancy rate for rentals in Jackson County?
The rental vacancy rate in Jackson County is 23 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 Jackson County for each bedroom size?
Occupied Rental Units by Size in Jackson County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 49 | 35 | 54 | 11 |
Occupied Rental Units by Size in Jackson County
A large number of apartments in Jackson 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 Jackson County are overburdened by housing costs?
Among renter households in this market, 34 percent have housing cost burden. Further, 23 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 Jackson County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $684 to $1,457. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $684 |
One BR | $689 |
Two BR | $905 |
Three BR | $1,163 |
Four BR | $1,457 |
2024 Fair Market Rents in Jackson County, Colorado
How many units are rented at Fair Market Rent (FMR) in Jackson 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 | 0 | 100 percent |
Two BR | 23 | 66 percent |
Rental Units Below FMR in Jackson County, Colorado
How many affordable rental units are in Jackson County?
Income Based Apartments in Jackson County, Colorado
Jackson 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 Jackson County, Colorado
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jackson County.
Housing Choice Vouchers in Jackson County, Colorado
On average, Section 8 Housing Choice vouchers pay Jackson County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Jackson County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Jackson County, Colorado for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.