Low Income Apartments and Affordable Housing For Rent in Burlington, VT

Discover affordable housing in Burlington where there are 55+ 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.

calendar_today Opens: Apr 1

Reported On March 19th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Burlington, Vermont
$35.74/hour
$22.07 (+161%) more than Vermont minimum wage and $28.49 (+393%) more than the Federal minimum wage.
Learn More About Burlington, Vermont Affordable Housing ↓

What HUD offices serve Burlington, Vermont?

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Burlington, Vermont.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Burlington, Vermont.

Go to the Vermont Public Housing and Low-Income Apartments Waiting Lists page for openings near Burlington.

How many renters live in Burlington, Vermont?

The City of Burlington has 44,646 people living in 17,448 households.

There are 21,405 renters living in 10,481 renter households in this City. Renters make up 47.94 percent of the population living in Burlington.

What is the rental market like in Burlington, Vermont?

There are an estimated 18,203 housing units in the Burlington area. Of these, 10,778 units are rental homes, making up 59 percent of the housing market. For every renter household in Burlington, Vermont, there are 1 rental units.

What is the vacancy rate for rentals in Burlington?

The rental vacancy rate in Burlington is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Burlington for each bedroom size?

Occupied Rental Units by Size in Burlington
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
903 3,111 3,978 1,633 723
Occupied Rental Units by Size in Burlington

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

Among renter households in this market, 56 percent have housing cost burden. Further, 31 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 Burlington

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,341 to $2,513. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,341
One BR $1,441
Two BR $1,887
Three BR $2,390
Four BR $2,513
2024 Fair Market Rents in Burlington, Vermont

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

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 535 59 percent
One BR 2,035 65 percent
Two BR 1,310 33 percent
Rental Units Below FMR in Burlington, Vermont

How many affordable rental units are in Burlington?

There are a variety of federal affordable housing programs serving households in Burlington, Vermont including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,231
Section 8 Project-Based Rental Assistance 391
Mod Rehab Project-Based Rental Assistance 12
Section 202 Supportive Housing for the Elderly 28
Section 811 Supportive Housing for Persons with Disabilities 31
Tracked Units by Federal Program in Burlington, Vermont

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Burlington, Vermont

Burlington features 1,056 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 Burlington, Vermont

There are 1,597 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Burlington.

Housing Choice Vouchers in Burlington, Vermont

On average, Section 8 Housing Choice vouchers pay Burlington landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Burlington.

The maximum amount a voucher would pay on behalf of a low-income tenant in Burlington, Vermont for a two-bedroom apartment is between $1,698 and $2,076.

Sourced from federal housing data and AffordableHousingOnline.com research.