What HUD offices serve Gunnison County, 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.
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Gunnison County.
How many renters live in Gunnison County, Colorado?
The County of Gunnison County has 17,018 people living in 7,759 households.
There are 5,066 renters living in 2,861 renter households in this County. Renters make up 29.77 percent of the population living in Gunnison County.
What is the rental market like in Gunnison County, Colorado?
There are an estimated 12,165 housing units in the Gunnison County area. Of these, 3,437 units are rental homes, making up 28 percent of the housing market. For every renter household in Gunnison County, Colorado, there are 1 rental units.
What is the vacancy rate for rentals in Gunnison County?
The rental vacancy rate in Gunnison County is 15 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 Gunnison County for each bedroom size?
Occupied Rental Units by Size in Gunnison County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 157 | 606 | 1,096 | 845 | 139 |
Occupied Rental Units by Size in Gunnison County
A large number of apartments in Gunnison 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 Gunnison County are overburdened by housing costs?
Among renter households in this market, 43 percent have housing cost burden. Further, 26 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 Gunnison County
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 Gunnison County, Colorado
How many units are rented at Fair Market Rent (FMR) in Gunnison 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 |
| Studio | 89 | 57 percent |
| One BR | 339 | 56 percent |
| Two BR | 798 | 73 percent |
Rental Units Below FMR in Gunnison County, Colorado
How many affordable rental units are in Gunnison County?
There are a variety of federal affordable housing programs serving households in Gunnison County, Colorado including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 66 |
| Section 8 Project-Based Rental Assistance | 88 |
Tracked Units by Federal Program in Gunnison County, Colorado
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Gunnison County, Colorado
Gunnison County features 88 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 $1,323 and $1,617.
Sourced from federal housing data and AffordableHousingOnline.com research.
