Telluride, Colorado Affordable Housing

Affordable Housing programs support 0 income based apartments in Telluride where households pay rent based on how much they earn.

There are 150 affordable apartments in Telluride that offer reduced rents to low-income households.

Waiting Lists in Telluride, Colorado

There are no open Section 8 Housing Choice Voucher waiting lists in Telluride. Go to the Colorado Section 8 Waiting Lists page for openings near Telluride.

Meadow Run Apartments

330 Adams Ranch Rd
Telluride, Colorado
Affordable
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Affordable Housing Near Telluride

View affordable apartments and waiting lists in cities near Telluride

City Apartments
Mountain Village, CO Affordable Housing programs support 1 apartment communities in Mountain Village.
Norwood, CO Affordable Housing programs support 1 apartment communities in Norwood.

Public Housing Agencies Serving Telluride, 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.

Housing Authority Programs
San Miguel Regional Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Telluride.

Telluride, Colorado Affordable Housing Data

Income Based Apartments in Telluride, Colorado

Telluride 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 Telluride, Colorado

There are 150 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Telluride.

Housing Choice Vouchers in Telluride, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Telluride, Colorado for a two-bedroom apartment is between $1,540 and $1,882.

2023 Telluride, 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
Telluride, Colorado Fair Market Rent $1,144 $1,300 $1,711 $2,082 $2,763
Telluride, Colorado Payment Standard Range $1,030 to $1,258 $1,170 to $1,430 $1,540 to $1,882 $1,874 to $2,290 $2,487 to $3,039

Sourced from federal housing data and AffordableHousingOnline.com research.

Telluride, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 150
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 57.79%
Average Renter Household Size 2.71
Average Household Size 2.35
Median Household Income $62,000 ±$9,536
Median Rent $1,396 ±$212
Percentage Of Renters Overburdened 44.27% ± 10.77pp
Total Population 2,019

Population and Household Demographics

Telluride is a city in San Miguel County, Colorado with a population of 2,019. There are 860 households in the city with an average household size of 2.35 persons. 57.79% of households in Telluride are renters.

Income and Rent Overburden in Telluride

The median gross income for households in Telluride is $62,000 a year, or $5,167 a month. The median rent for the city is $1,396 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Telluride, a household making less than $4,653 a month would be considered overburdened when renting an apartment at or above the median rent. 44.27% of households who rent are overburdened in Telluride.

Area Median Income In Telluride

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Telluride, the AMI is calculated from all households within San Miguel County.

In Telluride, HUD calculates the Area Median Income for a family of four as $104,800

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 Telluride

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 Telluride

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 Telluride AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,100 $23,000 $25,850 $28,700 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Telluride AMI may qualify for rental assistance programs that target Very Low Income households.
$33,500 $38,250 $43,050 $47,800 $51,650 $55,450 $59,300 $63,100
80% AMI Income Limits
Renters earning up to 80% of the Telluride AMI may qualify for rental assistance programs that target Low Income households.
$53,550 $61,200 $68,850 $76,500 $82,650 $88,750 $94,900 $101,000